MML Investors Services LLC Acquires New Holdings in AllianceBernstein Global Hgh Incm Fd Inc (AWF)

MML Investors Services LLC acquired a new stake in shares of AllianceBernstein Global Hgh Incm Fd Inc (NYSE:AWF) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 33,030 shares of the closed-end fund’s stock, valued at approximately $385,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Bank of America Corp DE boosted its holdings in shares of AllianceBernstein Global Hgh Incm Fd by 9.9% in the second quarter. Bank of America Corp DE now owns 1,058,864 shares of the closed-end fund’s stock valued at $12,219,000 after buying an additional 95,076 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of AllianceBernstein Global Hgh Incm Fd by 1.4% in the third quarter. Wells Fargo & Company MN now owns 392,778 shares of the closed-end fund’s stock valued at $4,576,000 after buying an additional 5,571 shares during the period. Saba Capital Management L.P. boosted its holdings in shares of AllianceBernstein Global Hgh Incm Fd by 18.1% in the second quarter. Saba Capital Management L.P. now owns 318,432 shares of the closed-end fund’s stock valued at $3,675,000 after buying an additional 48,857 shares during the period. Vident Investment Advisory LLC boosted its holdings in shares of AllianceBernstein Global Hgh Incm Fd by 1.7% in the second quarter. Vident Investment Advisory LLC now owns 276,479 shares of the closed-end fund’s stock valued at $3,191,000 after buying an additional 4,556 shares during the period. Finally, Bank of Montreal Can boosted its holdings in shares of AllianceBernstein Global Hgh Incm Fd by 10.5% in the third quarter. Bank of Montreal Can now owns 274,000 shares of the closed-end fund’s stock valued at $3,192,000 after buying an additional 26,000 shares during the period. Hedge funds and other institutional investors own 21.30% of the company’s stock.

In related news, Director Michael Downey purchased 3,000 shares of AllianceBernstein Global Hgh Incm Fd stock in a transaction dated Tuesday, October 30th. The stock was bought at an average price of $11.10 per share, for a total transaction of $33,300.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.00% of the stock is owned by corporate insiders.

AllianceBernstein Global Hgh Incm Fd stock opened at $10.82 on Friday. AllianceBernstein Global Hgh Incm Fd Inc has a twelve month low of $10.68 and a twelve month high of $12.85.

The business also recently declared a monthly dividend, which will be paid on Friday, December 21st. Stockholders of record on Friday, December 7th will be issued a $0.0699 dividend. This represents a $0.84 annualized dividend and a dividend yield of 7.75%. The ex-dividend date of this dividend is Thursday, December 6th.

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AllianceBernstein Global Hgh Incm Fd Company Profile

AllianceBernstein Global High Income Fund, Inc operates as a closed-end investment fund. Its objective is to seek high current income and secondarily-capital appreciation. It invests, without limit, in securities denominated in non-U.S. currencies as well as those denominated in the U.S. dollar. The company was founded on May 20, 1993 and is headquartered in New York, NY.

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Institutional Ownership by Quarter for AllianceBernstein Global Hgh Incm Fd (NYSE:AWF)

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