Rivernorth Capital Management LLC Acquires Shares of 86,985 AllianceBernstein Global High Income Fund, Inc. $AWF

Rivernorth Capital Management LLC bought a new position in AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 86,985 shares of the closed-end fund’s stock, valued at approximately $885,000. Rivernorth Capital Management LLC owned about 0.10% of AllianceBernstein Global High Income Fund at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in AWF. Northwestern Mutual Wealth Management Co. raised its position in AllianceBernstein Global High Income Fund by 6,487.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,201,054 shares of the closed-end fund’s stock worth $12,839,000 after purchasing an additional 1,182,821 shares during the period. Independent Financial Group LLC purchased a new position in shares of AllianceBernstein Global High Income Fund during the first quarter valued at approximately $1,943,000. Invesco Ltd. boosted its position in shares of AllianceBernstein Global High Income Fund by 18.8% during the fourth quarter. Invesco Ltd. now owns 1,031,213 shares of the closed-end fund’s stock valued at $11,024,000 after buying an additional 163,009 shares during the period. Absolute Investment Advisers LLC bought a new position in shares of AllianceBernstein Global High Income Fund during the first quarter valued at approximately $1,460,000. Finally, Wolverine Asset Management LLC bought a new position in shares of AllianceBernstein Global High Income Fund during the fourth quarter valued at approximately $1,510,000.

Insider Buying and Selling

In other AllianceBernstein Global High Income Fund news, Director Emilie D. Wrapp bought 3,432 shares of AllianceBernstein Global High Income Fund stock in a transaction on Tuesday, July 21st. The shares were acquired at an average price of $10.19 per share, for a total transaction of $34,972.08. Following the completion of the purchase, the director directly owned 5,825 shares in the company, valued at approximately $59,356.75. This trade represents a 143.42% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.00% of the stock is owned by company insiders.

AllianceBernstein Global High Income Fund Trading Down 0.2%

Shares of NYSE AWF opened at $10.07 on Thursday. The business’s 50 day moving average price is $10.19 and its 200-day moving average price is $10.32. AllianceBernstein Global High Income Fund, Inc. has a fifty-two week low of $9.85 and a fifty-two week high of $11.43.

AllianceBernstein Global High Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 21st. Shareholders of record on Thursday, August 6th will be given a $0.0655 dividend. This represents a c) annualized dividend and a yield of 7.8%. The ex-dividend date of this dividend is Thursday, August 6th.

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.