AllianceBernstein Global High Income Fund (AWF) to Issue Monthly Dividend of $0.07 on February 21st

AllianceBernstein Global High Income Fund (NYSE:AWF) declared a monthly dividend on Monday, January 27th,Wall Street Journal reports. Shareholders of record on Thursday, February 6th will be given a dividend of 0.0655 per share by the closed-end fund on Friday, February 21st. This represents a $0.79 annualized dividend and a yield of 7.25%. The ex-dividend date is Thursday, February 6th. This is a positive change from AllianceBernstein Global High Income Fund’s previous monthly dividend of $0.02.

AllianceBernstein Global High Income Fund Stock Performance

NYSE AWF opened at $10.84 on Wednesday. The business has a fifty day moving average price of $10.79 and a two-hundred day moving average price of $10.88. AllianceBernstein Global High Income Fund has a fifty-two week low of $9.97 and a fifty-two week high of $11.36.

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.