AllianceBernstein Global High Income Fund (NYSE:AWF) to Issue $0.07 Monthly Dividend

AllianceBernstein Global High Income Fund (NYSE:AWF) declared a monthly dividend on Tuesday, February 25th, Wall Street Journal reports. Shareholders of record on Thursday, March 6th will be paid a dividend of 0.0655 per share by the closed-end fund on Friday, March 21st. This represents a $0.79 dividend on an annualized basis and a dividend yield of 7.12%. The ex-dividend date of this dividend is Thursday, March 6th.

AllianceBernstein Global High Income Fund Stock Performance

AllianceBernstein Global High Income Fund stock traded up $0.04 during trading on Tuesday, hitting $11.05. The company’s stock had a trading volume of 175,423 shares, compared to its average volume of 223,812. The stock’s fifty day moving average is $10.80 and its 200 day moving average is $10.94. AllianceBernstein Global High Income Fund has a 1-year low of $9.97 and a 1-year 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.