Belpointe Asset Management LLC Invests $177,000 in AllianceBernstein Global High Income Fund, Inc. $AWF

Belpointe Asset Management LLC purchased a new stake in AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 16,525 shares of the closed-end fund’s stock, valued at approximately $177,000.

A number of other institutional investors also recently bought and sold shares of the business. WPG Advisers LLC purchased a new position in shares of AllianceBernstein Global High Income Fund in the 1st quarter valued at about $25,000. Integris Wealth Management LLC boosted its holdings in AllianceBernstein Global High Income Fund by 25.0% in the first quarter. Integris Wealth Management LLC now owns 15,000 shares of the closed-end fund’s stock valued at $161,000 after purchasing an additional 3,000 shares in the last quarter. Calamos Advisors LLC purchased a new position in AllianceBernstein Global High Income Fund in the first quarter valued at approximately $180,000. King Wealth Management Group raised its holdings in AllianceBernstein Global High Income Fund by 26.7% during the first quarter. King Wealth Management Group now owns 19,000 shares of the closed-end fund’s stock worth $204,000 after purchasing an additional 4,000 shares in the last quarter. Finally, Kaizen Financial Strategies lifted its position in shares of AllianceBernstein Global High Income Fund by 65.6% during the 1st quarter. Kaizen Financial Strategies now owns 22,926 shares of the closed-end fund’s stock worth $246,000 after buying an additional 9,084 shares during the last quarter.

AllianceBernstein Global High Income Fund Stock Performance

Shares of AllianceBernstein Global High Income Fund stock opened at $11.32 on Wednesday. The company has a fifty day simple moving average of $11.16 and a 200-day simple moving average of $10.83. 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 Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, September 19th. Stockholders of record on Thursday, September 4th will be given a dividend of $0.0655 per share. The ex-dividend date is Thursday, September 4th. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%.

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.