AllianceBernstein Global High Income Fund (AWF)
AllianceBernstein Global High Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Nashville, TN, US. The stock last traded at $10.16, down 0.20% on the session, giving a market capitalisation of $876.1M. On trailing twelve-month figures it carries a trailing P/E of 13.58, a net margin of 101.7%. Its beta of 0.67 implies it has historically moved less than the broad market.
The AllianceBernstein Global High Income Fund, managed by AllianceBernstein L.P., functions as a closed-end mutual fund dedicated to fixed-income investments. It seeks opportunities across global fixed-income markets, primarily allocating capital to lower-rated corporate debt securities and government bonds. The fund constructs its portfolio using a blend of fundamental and quantitative analytical approaches. For performance evaluation, it benchmarks against a composite index made up of the JPMorgan Government Bond Index-Emerging Markets, the JPMorgan Emerging Markets Bond Index Global, and the Barclays U.S. Corporate High Yield 2% Issuer Capped Index. This entity, formerly known as Alliance World Dollar Government Fund II, Inc., was established on May 20, 1993, and is headquartered in the United States.
AllianceBernstein Global High Income Fund is most often compared with the following Financial Services names: