AWF: Income On The Decline [Seeking Alpha]
Alliancebernstein Global High Income Fund (AWF)
US:NYSE Investor Relations:
alliancebernstein.com/abcom/product_center/3_vehicle/mf/closedend/alliancebernstein_global_high_income.htm?shareclass=
Company Research
Source: Seeking Alpha
AWF: Income On The Decline Summary AWF has performed well in 2019, along with many high-yield CEFs. Earlier this month, the fund announced a distribution cut, which is never a positive sign. With the share price rising and the distribution dropping, the current yield is now under 7%, which is less attractive for a leveraged high-yield CEF. Main Thesis The purpose of this article is to evaluate the AllianceBernstein Global High Income Fund (NYSE: Background First, a little background on AWF. The fund is managed review Distribution Cut - They Always Hurt To start, I want to focus on what I view as the most important negative development for AWF since I last covered the fund. Specifically, this is the recent Despite this cut, the fund's share price has stayed fairly resilient, likely because the drop in income was not substantial. While true, I still view this negatively because the fund has a history of cuts, and this is just another one to add to the list. Also, coupling this action wi
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AWF
News
- AllianceBernstein Global High Income Fund, Inc. RELEASES MONTHLY PORTFOLIO UPDATEPR Newswire
- AllianceBernstein Global High Income Fund, Inc. RELEASES MONTHLY PORTFOLIO UPDATEPR Newswire
- AWF: 4 Reasons Why I Would Avoid This CEF [Seeking Alpha]Seeking Alpha
- AllianceBernstein Global High Income Fund, Inc. RELEASES MONTHLY PORTFOLIO UPDATEPR Newswire
- ALLIANCEBERNSTEIN GLOBAL HIGH INCOME FUND, INC. REPORTS THIRD QUARTER EARNINGSPR Newswire
AWF
Sec Filings
- 4/8/24 - Form 4
- 3/19/24 - Form 4
- 2/27/24 - Form NPORT-P
- AWF's page on the SEC website