AllianceBernstein Global High Income Fund (NYSE:AWF) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Posted by Trevor Kearing on Apr 5th, 2025

AllianceBernstein Global High Income Fund (NYSE:AWF – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $10.89 and traded as low as $10.53. AllianceBernstein Global High Income Fund shares last traded at $10.56, with a volume of 206,232 shares.

AllianceBernstein Global High Income Fund Trading Down 5.3 %

The business’s fifty day moving average price is $10.84 and its two-hundred day moving average price is $10.88.

AllianceBernstein Global High Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, April 25th. Shareholders of record on Thursday, April 3rd will be paid a dividend of $0.0655 per share. The ex-dividend date is Thursday, April 3rd. This represents a $0.79 annualized dividend and a yield of 7.86%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Dynamic Advisor Solutions LLC acquired a new position in AllianceBernstein Global High Income Fund in the 4th quarter worth approximately $107,000. Park Avenue Securities LLC acquired a new stake in shares of AllianceBernstein Global High Income Fund in the fourth quarter worth $116,000. Elm3 Financial Group LLC purchased a new position in shares of AllianceBernstein Global High Income Fund during the fourth quarter worth $127,000. US Bancorp DE lifted its position in AllianceBernstein Global High Income Fund by 12.6% during the fourth quarter. US Bancorp DE now owns 12,527 shares of the closed-end fund’s stock valued at $134,000 after purchasing an additional 1,400 shares during the period. Finally, Kovitz Investment Group Partners LLC acquired a new position in AllianceBernstein Global High Income Fund during the third quarter valued at $159,000.

AllianceBernstein Global High Income Fund Company Profile

(Get Free Report)

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.