Sowell Financial Services LLC Sells 13,122 Shares of AllianceBernstein Global High Income Fund, Inc. $AWF

Sowell Financial Services LLC decreased its holdings in AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) by 44.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,357 shares of the closed-end fund’s stock after selling 13,122 shares during the period. Sowell Financial Services LLC’s holdings in AllianceBernstein Global High Income Fund were worth $180,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in AWF. WPG Advisers LLC purchased a new stake in shares of AllianceBernstein Global High Income Fund in the first quarter worth about $25,000. Geneos Wealth Management Inc. lifted its position in shares of AllianceBernstein Global High Income Fund by 570.2% in the first quarter. Geneos Wealth Management Inc. now owns 10,616 shares of the closed-end fund’s stock worth $114,000 after buying an additional 9,032 shares in the last quarter. Martin Capital Partners LLC purchased a new stake in shares of AllianceBernstein Global High Income Fund in the second quarter worth about $123,000. Integris Wealth Management LLC lifted its position in shares of 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 worth $161,000 after buying an additional 3,000 shares in the last quarter. Finally, Belpointe Asset Management LLC purchased a new stake in shares of AllianceBernstein Global High Income Fund in the first quarter worth about $177,000.

AllianceBernstein Global High Income Fund Trading Down 0.5%

NYSE:AWF opened at $11.23 on Friday. AllianceBernstein Global High Income Fund, Inc. has a 12 month low of $9.30 and a 12 month high of $11.43. The business’s 50-day moving average is $11.20 and its 200 day moving average is $10.86.

AllianceBernstein Global High Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, October 17th. Investors of record on Thursday, October 2nd will be given a $0.0655 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date is Thursday, October 2nd.

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.