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

AllianceBernstein Global High Income Fund (NYSE:AWF) announced a monthly dividend on Tuesday, March 25th, Wall Street Journal reports. Stockholders of record on Thursday, April 3rd will be given a dividend of 0.0655 per share by the closed-end fund on Friday, April 25th. This represents a $0.79 dividend on an annualized basis and a dividend yield of 7.26%. The ex-dividend date is Thursday, April 3rd.

AllianceBernstein Global High Income Fund Price Performance

AllianceBernstein Global High Income Fund stock traded up $0.07 during midday trading on Tuesday, hitting $10.82. The company’s stock had a trading volume of 207,776 shares, compared to its average volume of 218,704. AllianceBernstein Global High Income Fund has a 12 month low of $9.97 and a 12 month high of $11.36. The stock’s 50-day moving average price is $10.86 and its 200-day moving average price is $10.91.

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.