AllianceBernstein Global Hgh Incm Fd Inc (NYSE:AWF) VP Gershon M. Distenfeld Purchases 1,442 Shares

AllianceBernstein Global Hgh Incm Fd Inc (NYSE:AWF) VP Gershon M. Distenfeld bought 1,442 shares of the business’s stock in a transaction dated Tuesday, January 7th. The stock was acquired at an average cost of $12.20 per share, for a total transaction of $17,592.40.

Shares of AllianceBernstein Global Hgh Incm Fd stock opened at $12.34 on Thursday. The firm’s fifty day simple moving average is $12.10 and its 200-day simple moving average is $11.95. AllianceBernstein Global Hgh Incm Fd Inc has a 12 month low of $10.95 and a 12 month high of $12.35.

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 17th. Shareholders of record on Friday, January 3rd will be paid a $0.0655 dividend. The ex-dividend date is Thursday, January 2nd. This represents a $0.79 annualized dividend and a yield of 6.37%.

Institutional investors and hedge funds have recently made changes to their positions in the business. AdvisorNet Financial Inc acquired a new position in AllianceBernstein Global Hgh Incm Fd in the 3rd quarter valued at $56,000. FNY Investment Advisers LLC purchased a new stake in shares of AllianceBernstein Global Hgh Incm Fd during the 3rd quarter worth $86,000. Golden State Wealth Management LLC boosted its position in shares of AllianceBernstein Global Hgh Incm Fd by 12.5% during the 3rd quarter. Golden State Wealth Management LLC now owns 19,741 shares of the closed-end fund’s stock worth $237,000 after purchasing an additional 2,196 shares in the last quarter. NEXT Financial Group Inc boosted its position in shares of AllianceBernstein Global Hgh Incm Fd by 43.4% during the 3rd quarter. NEXT Financial Group Inc now owns 23,057 shares of the closed-end fund’s stock worth $276,000 after purchasing an additional 6,982 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of AllianceBernstein Global Hgh Incm Fd by 9.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 23,734 shares of the closed-end fund’s stock worth $280,000 after purchasing an additional 1,957 shares in the last quarter. 21.76% of the stock is currently owned by institutional investors.

AllianceBernstein Global Hgh Incm Fd 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.

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