Janney Montgomery Scott LLC Buys Shares of 29,582 AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF)

Janney Montgomery Scott LLC bought a new stake in shares of AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) in the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 29,582 shares of the closed-end fund’s stock, valued at approximately $317,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Invesco Ltd. raised its position in shares of AllianceBernstein Global High Income Fund by 6.3% during the 4th quarter. Invesco Ltd. now owns 863,794 shares of the closed-end fund’s stock worth $9,269,000 after buying an additional 50,936 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of AllianceBernstein Global High Income Fund during the 4th quarter worth about $3,832,000. Tidal Investments LLC raised its position in shares of AllianceBernstein Global High Income Fund by 2.3% during the 4th quarter. Tidal Investments LLC now owns 110,339 shares of the closed-end fund’s stock worth $1,177,000 after buying an additional 2,478 shares in the last quarter. Prevail Innovative Wealth Advisors LLC raised its holdings in shares of AllianceBernstein Global High Income Fund by 161.5% in the 4th quarter. Prevail Innovative Wealth Advisors LLC now owns 102,626 shares of the closed-end fund’s stock worth $1,101,000 after purchasing an additional 63,375 shares in the last quarter. Finally, Quad Cities Investment Group LLC raised its holdings in shares of AllianceBernstein Global High Income Fund by 1.5% in the 1st quarter. Quad Cities Investment Group LLC now owns 89,751 shares of the closed-end fund’s stock worth $963,000 after purchasing an additional 1,289 shares in the last quarter.

AllianceBernstein Global High Income Fund Trading Down 0.4%

NYSE AWF opened at $11.10 on Friday. The company’s 50 day simple moving average is $10.80 and its 200 day simple moving average is $10.71. AllianceBernstein Global High Income Fund, Inc. has a 12 month low of $9.30 and a 12 month high of $11.36.

AllianceBernstein Global High Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, July 18th. Shareholders of record on Thursday, July 3rd will be paid a $0.0655 dividend. The ex-dividend date is Thursday, July 3rd. This represents a $0.79 annualized dividend and a yield of 7.08%.

AllianceBernstein Global High Income Fund 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.