AllianceBernstein Global High Income Fund (NYSE:AWF) Declares Monthly Dividend of $0.07

AllianceBernstein Global High Income Fund (NYSE:AWF) declared a monthly dividend on Tuesday, April 23rd, Wall Street Journal reports. Investors of record on Friday, May 3rd will be paid a dividend of 0.0655 per share by the closed-end fund on Friday, May 17th. This represents a $0.79 annualized dividend and a yield of 7.66%. The ex-dividend date of this dividend is Thursday, May 2nd.

AllianceBernstein Global High Income Fund has decreased its dividend by an average of 0.9% annually over the last three years.

AllianceBernstein Global High Income Fund Trading Down 0.1 %

Shares of NYSE:AWF traded down $0.01 on Thursday, hitting $10.27. 272,673 shares of the company’s stock were exchanged, compared to its average volume of 199,655. AllianceBernstein Global High Income Fund has a 1-year low of $9.20 and a 1-year high of $10.71. The firm’s 50-day moving average is $10.41 and its 200 day moving average is $10.08.

Insider Transactions at AllianceBernstein Global High Income Fund

In related news, insider Emilie D. Wrapp purchased 2,393 shares of the company’s stock in a transaction on Monday, March 18th. The shares were bought at an average price of $10.45 per share, with a total value of $25,006.85. Following the completion of the acquisition, the insider now owns 2,393 shares of the company’s stock, valued at $25,006.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.00% of the company’s stock.

About AllianceBernstein Global High Income Fund

AllianceBernstein Global High Income Fund is a close-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. It invests in fixed income markets across the globe. The fund primarily invests in lower-rated corporate debt securities and government bonds. It employs a combination of fundamental and quantitative analysis to create its portfolio.