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Stock impact report

AWF: Fairly Valued Ahead Of Rate Cuts [Seeking Alpha]

Alliancebernstein Global High Income Fund (AWF) 
Company Research Source: Seeking Alpha
AWF avoids leverage, relying on equity capital, which mitigates risk despite its high allocation to BB-rated and junk bonds. Yield currently stands at 7.85%, but I see AWF as a Buy only at a 10% yield, implying a lower entry price around $8.30. AWF is a reasonably safe Hold at current prices, with upside potential if Fed rate cuts materialize and NAV recovers. J Studios/DigitalVision via Getty Images AllianceBernstein Global High Income Fund ( AWF ) is a steady fixed-income fund. While not the highest yield, its strategy has proven effective in protecting principal across cycles and macro events. Concept of the Fund AWF This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have Show less Read more
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