(AWF) Alliance/Bern Global High Income Fund ETF- 09/26/2017

Here is my most recent stock purchase for my dividend investing portfolio…

Purchase Details…

Funding Source: Regular Investment

Date of Purchase: 09/26/2017
Ticker: AWF
Name: Alliance Bernstein Global High Income Fund ETF
Amount Invested Today: $500.05
Commission: $3.95
Total Basis: $504
Purchase Price: $12.44
Total Shares Purchased: 38.6348

Fundamentals…

Morningstar Category: High Yield Bond
PE Ratio: —-
Market Cap: $1.2 B
Distribution Yield: 6.28%
Frequency of Distribution: Monthly
Monthly Distribution: $.0699

Fund Strategy…

The Funds primary objective is to seek high current income and its secondary objective is to achieve capital appreciation. To achieve this objective it invests primarily in high yielding, high risk sovereign and US corporate fixed income obligations that are expected to benefit from improving economic and credit fundamentals.

Comments…

This is a new addition to my dividend investing portfolio. This security pays a consistent monthly dividend which is currently $.0699. In addition, AWF pays a higher December dividend each year. AWF is an established security but it is at the higher range of the 52-week high. I will be adding additional shares as the price warrants…

 

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