AllianceBernstein Global High Income Fund, Inc. $AWF Shares Acquired by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. grew its stake in AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) by 375.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 135,955 shares of the closed-end fund’s stock after acquiring an additional 107,383 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in AllianceBernstein Global High Income Fund were worth $1,453,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Investment Research Partners LLC purchased a new position in shares of AllianceBernstein Global High Income Fund during the 3rd quarter worth approximately $1,144,000. Gridiron Partners LLC purchased a new stake in AllianceBernstein Global High Income Fund in the third quarter valued at approximately $463,000. Invested Advisors purchased a new stake in AllianceBernstein Global High Income Fund in the third quarter valued at approximately $576,000. Osaic Holdings Inc. lifted its stake in AllianceBernstein Global High Income Fund by 1.8% during the second quarter. Osaic Holdings Inc. now owns 104,567 shares of the closed-end fund’s stock worth $1,153,000 after purchasing an additional 1,885 shares in the last quarter. Finally, Uncommon Cents Investing LLC lifted its stake in AllianceBernstein Global High Income Fund by 2.4% during the third quarter. Uncommon Cents Investing LLC now owns 336,940 shares of the closed-end fund’s stock worth $3,777,000 after purchasing an additional 7,800 shares in the last quarter.

AllianceBernstein Global High Income Fund Stock Performance

AWF opened at $10.16 on Thursday. AllianceBernstein Global High Income Fund, Inc. has a 52 week low of $9.30 and a 52 week high of $11.43. The business has a fifty day simple moving average of $10.40 and a 200-day simple moving average of $10.70.

AllianceBernstein Global High Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 2nd will be paid a dividend of $0.0655 per share. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a c) annualized dividend and a yield of 7.7%.

AllianceBernstein Global High Income Fund Company Profile

AllianceBernstein Global High Income Fund (NYSE: AWF) is a closed-end management investment company that seeks to provide high current income, with a secondary objective of capital growth. The fund is traded on the New York Stock Exchange and offers investors access to a diversified portfolio of global fixed-income securities designed to capitalize on opportunities in the high-yield credit market.

The fund primarily invests in a broad array of debt instruments, including corporate high-yield bonds, sovereign and quasi-sovereign debt, collateralized loan obligations, convertible securities, and other income-oriented instruments.