ALLIANCEBERNSTEIN GLOBAL HIGH INCOME FUND, INC. SPECIAL DISTRIBUTION

Rhea-AI Summary

AllianceBernstein Global High Income Fund (NYSE: AWF) declared a one-time special income distribution of $0.0488 per share on December 5, 2025. The distribution is payable on January 16, 2026 to shareholders of record at the close of business on December 18, 2025, with an ex-date of December 18, 2025. For federal income tax purposes, the payment is deemed received in 2025. The payment represents a partial payment toward the Fund's planned $0.0655 January 2026 distribution, intended to help the Fund meet the Internal Revenue Code minimum distribution requirements for the current tax year.

Positive

• Special distribution of $0.0488 per share
• Payable on January 16, 2026 to record holders at Dec 18, 2025
• Helps the Fund meet Internal Revenue Code minimum distribution requirements

Negative

• Distribution is a partial payment of the $0.0655 January 2026 distribution
• Taxable event deemed in 2025 and may affect shareholders' 2025 tax liabilities

News Market Reaction

-0.09%

1 alert

-0.09% News Effect

On the day this news was published, AWF declined 0.09%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Special distribution: $0.0488 per share Total special distribution: $0.0488 per share January 2026 distribution: $0.0655 per share +4 more

7 metrics

Special distribution $0.0488 per share One-time special income distribution declared Dec 5, 2025

Total special distribution $0.0488 per share Payable Jan 16, 2026 to shareholders of record Dec 18, 2025

January 2026 distribution $0.0655 per share Special distribution represents partial payment of planned January 2026 amount

Payment date January 16, 2026 Date special distribution is payable

Record date December 18, 2025 Stockholders of record at close of business receive distribution

Ex-date December 18, 2025 Ex-date for the one-time special distribution

Tax year recognition 2025 Distribution deemed received in 2025 for federal income tax purposes

Market Reality Check

Price: $10.67 Vol: Volume 294,204 is essenti...

normal vol

$10.67 Last Close

Volume Volume 294,204 is essentially in line with 20-day average 298,587 (relative volume 0.99). normal

Technical Price 10.67 is trading below the 200-day MA of 10.88.

Peers on Argus

Peers in Asset Management showed mixed, generally modest moves, with changes ran...

Peers in Asset Management showed mixed, generally modest moves, with changes ranging from about -1.15% to 0.72%, suggesting today’s action in AWF is more stock-specific than sector-driven.

Historical Context

5 past events · Latest: Dec 05 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 05	Special distribution	Positive	-0.1%	One-time special income distribution of $0.0488 per share.
Nov 28	Quarterly earnings	Neutral	-0.4%	Reported Q2 2025 net assets, NAV, and net investment income.
Nov 24	Regular distribution	Positive	+0.4%	Declared $0.0655 per share investment income distribution for AWF.
Nov 24	Portfolio update	Neutral	+0.4%	Monthly portfolio metrics including net assets, NAV, and leverage.
Oct 27	Portfolio update	Neutral	+0.1%	September 30, 2025 portfolio metrics and credit quality breakdown.

Pattern Detected

Recent AWF news, including distributions, earnings, and portfolio updates, has been followed by relatively small single-day price changes, indicating measured market reactions to both income-related and portfolio disclosure events.

Recent Company History

Over the past several months, AWF has focused on income distributions and portfolio transparency. On Nov 24, 2025, the fund announced a regular $0.0655 distribution, and monthly portfolio updates on Sep 30 and Oct 31, 2025 detailed net assets near $1B and NAV around $11.50. Second-quarter earnings on Nov 28, 2025 highlighted net investment income of $31.77M. Today’s special $0.0488 distribution partially advances the planned January 2026 payout to meet tax distribution requirements.

Market Pulse Summary

This announcement details a one-time special income distribution of $0.0488 per share, payable on Ja...

Analysis

This announcement details a one-time special income distribution of $0.0488 per share, payable on January 16, 2026 to holders of record on December 18, 2025. It represents a partial prepayment of the planned $0.0655 January 2026 distribution so the fund complies with Internal Revenue Code minimum distribution rules for 2025. Investors may watch future earnings, regular distribution declarations, and portfolio updates to assess how the fund maintains its income profile over time.

Key Terms

closed-end management investment company, ex‑date, internal revenue code

3 terms

closed-end management investment company financial

"AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF), a closed‑end management investment company, declared"

A closed-end management investment company is a pooled investment fund that raises a fixed amount of capital by issuing a set number of shares and then lists those shares for trading on an exchange; investors buy and sell shares on the market rather than redeeming them back to the fund. Think of it like a store with a fixed number of bottles on the shelf: the market price can be higher or lower than the underlying value of the assets, which matters to investors because it affects returns, liquidity and income characteristics independent of the fund’s actual holdings.

ex‑date financial

"Ex‑date will be December 18, 2025."

Ex‑date is the first day a stock trades without the right to receive an announced dividend or distribution; anyone who buys the share on or after this day will not get the upcoming payment. It matters to investors because it sets a clear cut‑off for who receives income and often causes the stock price to drop roughly by the dividend amount—much like a coupon losing value once it’s redeemed.

internal revenue code regulatory

"to enable the Fund to comply with the Internal Revenue Code's minimum distribution requirements"

The Internal Revenue Code is the U.S. federal law that sets the rules for calculating, collecting, and enforcing taxes — essentially the country's tax rulebook. It matters to investors because those rules determine how much companies and individuals actually keep after taxes, affecting profits, cash flow, dividend payouts, deal structures and the after-tax return on investments; changes in the Code can change financial outcomes and investment strategy much like a rule change in a game.

AI-generated analysis. Not financial advice.

NEW YORK, Dec. 5, 2025 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF), a closed‑end management investment company, declared on this date, December 5, 2025, a one-time special income distribution of $0.0488 per share of Common Stock.  The total distribution of $0.0488 is payable on January 16, 2026 to stockholders of record at the close of business on December 18, 2025.  Ex‑date will be December 18, 2025.

The distribution, which is deemed to be received by shareholders in 2025 for federal income tax purposes, represents a partial payment of the $0.0655 January 2026 distribution 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-special-distribution-302634419.html

SOURCE AllianceBernstein Global High Income Fund, Inc.

FAQ

What special distribution did AllianceBernstein Global High Income Fund (AWF) declare on December 5, 2025?

AWF declared a one-time special income distribution of $0.0488 per share on December 5, 2025.

When is the AWF special distribution payable and who is eligible?

The distribution is payable on January 16, 2026 to shareholders of record at the close of business on December 18, 2025.

What is the ex-date for the AWF special distribution declared December 5, 2025?

The ex-date is December 18, 2025.

Is the AWF special distribution taxable in 2025 or 2026 for federal income tax purposes?

The distribution is deemed received by shareholders in 2025 for federal income tax purposes.

How does the $0.0488 AWF special distribution relate to the January 2026 $0.0655 distribution?

The $0.0488 payment is a partial payment of the planned January 2026 distribution of $0.0655 to satisfy distribution rules for the year.

Will the AWF special distribution affect the January 2026 payout amount?

The special distribution is a partial payment toward the January 2026 $0.0655 distribution, implying a remaining balance of $0.0167 per share toward that total.