Sound Income Strategies LLC Sells 4,114 Shares of AllianceBernstein Global High Income Fund, Inc. $AWF

Sound Income Strategies LLC lessened its stake in shares of AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) by 8.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 47,481 shares of the closed-end fund’s stock after selling 4,114 shares during the quarter. Sound Income Strategies LLC’s holdings in AllianceBernstein Global High Income Fund were worth $524,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. WPG Advisers LLC bought a new stake in AllianceBernstein Global High Income Fund during the 1st quarter valued at approximately $25,000. Geneos Wealth Management Inc. raised its holdings in shares of AllianceBernstein Global High Income Fund by 570.2% in the 1st 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 acquired a new position in shares of AllianceBernstein Global High Income Fund in the 2nd quarter worth approximately $123,000. Integris Wealth Management LLC raised its holdings in shares of AllianceBernstein Global High Income Fund by 25.0% in the 1st 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 acquired a new stake in AllianceBernstein Global High Income Fund during the 1st quarter valued at $177,000.

AllianceBernstein Global High Income Fund Stock Up 0.1%

AWF stock opened at $11.22 on Tuesday. The business has a fifty day moving average price of $11.21 and a 200 day moving average price of $10.87. AllianceBernstein Global High Income Fund, Inc. has a fifty-two week low of $9.30 and a fifty-two week high of $11.43.

AllianceBernstein Global High Income Fund Dividend Announcement

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

AllianceBernstein Global High Income Fund Company Profile

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.