AllianceBernstein Global High Income Fund (NYSE:AWF) Stock Price Crosses Below Two Hundred Day Moving Average of $9.75

AllianceBernstein Global High Income Fund (NYSE:AWF)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $9.75 and traded as low as $9.32. AllianceBernstein Global High Income Fund shares last traded at $9.40, with a volume of 217,458 shares trading hands.

AllianceBernstein Global High Income Fund Stock Up 1.2 %

The stock has a 50 day moving average of $9.64 and a two-hundred day moving average of $9.75.

AllianceBernstein Global High Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 17th. Investors of record on Friday, November 3rd will be paid a $0.0655 dividend. The ex-dividend date of this dividend is Thursday, November 2nd. This represents a $0.79 dividend on an annualized basis and a dividend yield of 8.36%.

Institutional Trading of AllianceBernstein Global High Income Fund

Institutional investors have recently modified their holdings of the business. Money Concepts Capital Corp purchased a new stake in shares of AllianceBernstein Global High Income Fund in the fourth quarter valued at approximately $28,000. BNP Paribas Arbitrage SNC purchased a new stake in shares of AllianceBernstein Global High Income Fund in the third quarter valued at approximately $35,000. Jane Street Group LLC purchased a new stake in shares of AllianceBernstein Global High Income Fund in the third quarter valued at approximately $96,000. Northern Trust Corp purchased a new stake in AllianceBernstein Global High Income Fund during the second quarter worth $100,000. Finally, Kestra Advisory Services LLC purchased a new stake in AllianceBernstein Global High Income Fund during the second quarter worth $106,000.

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.