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

AllianceBernstein Global High Income Fund (NYSE:AWF) announced a monthly dividend on Monday, November 25th,Wall Street Journal reports. Shareholders of record on Thursday, December 5th will be paid a dividend of 0.0655 per share by the closed-end fund on Friday, December 20th. This represents a $0.79 dividend on an annualized basis and a yield of 7.21%. The ex-dividend date of this dividend is Thursday, December 5th.

AllianceBernstein Global High Income Fund Stock Performance

AWF traded down $0.03 during trading on Tuesday, reaching $10.90. 171,143 shares of the stock traded hands, compared to its average volume of 204,746. The stock’s 50-day moving average is $11.02 and its 200 day moving average is $10.83. AllianceBernstein Global High Income Fund has a 12 month low of $9.72 and a 12 month high of $11.36.

AllianceBernstein Global High Income Fund Company Profile

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.