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ALLIANCEBERNSTEIN GLOBAL HIGH INCOME FUND, INC. REPORTS SECOND QUARTER EARNINGS

1. AWF's total net assets increased to $989.3M by September 30, 2024. 2. NAV per share rose to $11.47, improving from previous quarters. 3. Net investment income for Q2 2024 was $16.4M, $0.19 per share. 4. Significant unrealized gains of $32.9M were realized, up from losses in Q1. 5. Shares outstanding remained stable at 86.2 million.

Earnings
0%Current Return
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+0.18%S&P 500
$11.0111/29 04:12 PM EDTEvent Start
$11.0112/02 04:36 PM EDTLatest Updated
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FAQ

Why Bullish?

The positive growth in NAV and assets could enhance investor confidence, potentially raising AWF's stock price. Historical performance following improved earnings supports this outlook.

How important is it?

Earnings reports directly influence stock pricing and investor interest; AWF's improvements indicate bullish sentiment.

Why Short Term?

Immediate market reactions to quarterly earnings typically affect stock prices quickly. Examples include AWF's past quarter-over-quarter NAV increases leading to favorable price movements.

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AWF
, /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF), a registered closed‑end investment company, today announced earnings for the second quarter ended September 30, 2024. Total net assets of the Fund on September 30, 2024 were $989,257,215 as compared with $956,898,954 on June 30, 2024 and $907,692,915 on September 30, 2023. On September 30, 2024, the net asset value per share was $11.47 based on 86,229,677 shares of common stock outstanding. September 30, 2024 June 30, 2024 September 30, 2023 Total Net Assets $989,257,215 $956,898,954 $907,692,915 NAV Per Share $11.47 $11.10 $10.53 Shares Outstanding           86,229,677 86,229,677 86,229,677 For the period July 1, 2024 through September 30, 2024, total net investment income was $16,366,635 or $0.19 per share. The total net realized and unrealized gain was $32,935,757 or $0.38 per share for the same period.                                                                                                             Second Quarter       Ended September 30, 2024 First Quarter       Ended June 30, 2024 Second Quarter       Ended September 30, 2023 Total Net Investment   Income                                          $16,366,635 $15,871,344 $ 15,124,939 Per Share $0.19 $0.18 $0.18 Total Net Realized/   Unrealized Gain/(Loss) $32,935,757 $(8,449,552) $ (5,488,870) Per Share $0.38 $(0.10) $(0.06) AllianceBernstein Global High Income Fund, Inc. is managed by AllianceBernstein L.P. SOURCE AllianceBernstein Global High Income Fund, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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