AllianceBernstein Global High Income Fund (NYSE:AWF) Stock Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Posted by Geri Gentry on Mar 16th, 2025

Shares of AllianceBernstein Global High Income Fund (NYSE:AWF – Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.93 and traded as low as $10.50. AllianceBernstein Global High Income Fund shares last traded at $10.54, with a volume of 275,525 shares traded.

AllianceBernstein Global High Income Fund Stock Performance

The company’s 50 day simple moving average is $10.86 and its two-hundred day simple moving average is $10.93.

AllianceBernstein Global High Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, March 21st. Shareholders of record on Thursday, March 6th will be paid a dividend of $0.0655 per share. This represents a $0.79 annualized dividend and a yield of 7.45%. The ex-dividend date is Thursday, March 6th.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of AWF. FSA Wealth Management LLC purchased a new position in AllianceBernstein Global High Income Fund during the third quarter worth about $30,000. Dynamic Advisor Solutions LLC purchased a new position in AllianceBernstein Global High Income Fund during the fourth quarter worth about $107,000. Park Avenue Securities LLC purchased a new position in AllianceBernstein Global High Income Fund during the fourth quarter worth about $116,000. US Bancorp DE boosted its stake in shares of 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 valued at $126,000 after purchasing an additional 1,000 shares during the period. Finally, Elm3 Financial Group LLC purchased a new position in shares of AllianceBernstein Global High Income Fund in the fourth quarter valued at approximately $127,000.

About AllianceBernstein Global High Income Fund

(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.