ALLIANCEBERNSTEIN GLOBAL HIGH INCOME FUND, INC. MONTHLY AND SPECIAL DISTRIBUTIONS

On December 2, 2022, AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) announced a monthly income distribution of $0.0655 per share, along with a special one-time distribution of $0.0977 per share.

Rhea-AI Impact

(Low)

Rhea-AI Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Rhea-AI Summary

On December 2, 2022, AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) announced a monthly income distribution of $0.0655 per share, along with a special one-time distribution of $0.0977 per share. The total distribution of $0.1632 is payable on January 20, 2023, to shareholders on record as of December 16, 2022. The distributions are intended to meet Internal Revenue Code's minimum distribution requirements for 2022.

Positive

Monthly income distribution of $0.0655 per share announced.
One-time special distribution of $0.0977 per share increases total distribution to $0.1632.
Distributions ensure compliance with IRS minimum requirements for 2022.

Negative

None.

Argus Session date unavailable

-0.70% session move Open Argus

Details

News Market Reaction – AWF

The recorded move for AWF in the trading session of this news was -0.70%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

12/02/2022 - 04:06 PM EST

NEW YORK, Dec. 2, 2022 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF), a closed‑end management investment company, declared on this date, December 2, 2022, a monthly income distribution of $0.0655 per share of Common Stock plus an additional one-time special income distribution of $0.0977 per share of Common Stock. The total distribution of $0.1632 is payable on January 20, 2023 to stockholders of record at the close of business on December 16, 2022. Ex‑date will be December 15, 2022.

The distribution, which is deemed to be received by shareholders in 2022 for federal income tax purposes, represents full payment of the $0.0655 January 2023 distribution plus an additional one-time special income distribution of $0.0977 so as to enable the Fund to comply with the Internal Revenue Code's minimum distribution requirements for the current year.

AllianceBernstein Global High Income Fund, Inc. is managed by AllianceBernstein L.P.

View original content:https://www.prnewswire.com/news-releases/alliancebernstein-global-high-income-fund-inc-monthly-and-special-distributions-301692790.html

SOURCE AllianceBernstein Global High Income Fund, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the total distribution amount for AWF announced on December 2, 2022?

The total distribution amount for AWF announced is $0.1632 per share.

When will the distribution for AWF be payable?

The distribution for AWF will be payable on January 20, 2023.

What is the significance of the special income distribution for AWF?

The special income distribution is intended to help AWF comply with IRS minimum distribution requirements for 2022.

What are the record and ex-dates for the AWF distribution?

The record date is December 16, 2022, and the ex-date is December 15, 2022.

Keep reading

Trending in the feed

RAYA

ERAYAK Advances Hybrid Power Strategy as Ruike Facility Enters Final Acceptance Phase Open the live feed