AllianceBernstein Global High Income Fund (NYSE:AWF) Sees Large Volume Increase – Time to Buy?

Posted by Dante Gardener on Mar 9th, 2025

AllianceBernstein Global High Income Fund (NYSE:AWF – Get Free Report) shares saw strong trading volume on Friday . 444,548 shares traded hands during trading, an increase of 106% from the previous session’s volume of 215,787 shares.The stock last traded at $10.78 and had previously closed at $10.96.

AllianceBernstein Global High Income Fund Trading Down 1.4 %

The stock’s 50 day moving average price is $10.87 and its 200 day moving average price is $10.95.

AllianceBernstein Global High Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, March 21st. Investors of record on Thursday, March 6th will be given a dividend of $0.0655 per share. This represents a $0.79 dividend on an annualized basis and a yield of 7.27%. The ex-dividend date is Thursday, March 6th.

Institutional Trading of AllianceBernstein Global High Income Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the business. FSA Wealth Management LLC purchased a new position in AllianceBernstein Global High Income Fund in the 3rd quarter worth approximately $30,000. Dynamic Advisor Solutions LLC bought a new position in AllianceBernstein Global High Income Fund during the fourth quarter worth $107,000. Park Avenue Securities LLC bought a new position in AllianceBernstein Global High Income Fund during the fourth quarter worth $116,000. US Bancorp DE increased its position in AllianceBernstein Global High Income Fund by 9.9% in the third quarter. US Bancorp DE now owns 11,127 shares of the closed-end fund’s stock worth $126,000 after buying an additional 1,000 shares during the period. Finally, Elm3 Financial Group LLC acquired a new stake in AllianceBernstein Global High Income Fund in the fourth quarter worth $127,000.

AllianceBernstein Global High Income Fund Company Profile

(Get Free Report)

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.