(AWF) AllianceBernstein Global - Overview

Exchange: NYSE • Country: USA • Currency: USD • Type: Fund • ISIN: US01879R1068

Fund: Bonds, Fixed-Income, Debt-Securities, High-Yield, Global

Total Rating 23
Risk 65
Buy Signal -0.46

Dividends

Dividend Yield 7.88%
Yield on Cost 5y 9.81%
Yield CAGR 5y 1.51%
Payout Consistency 90.7%
Payout Ratio -
Risk 5d forecast
Volatility 6.83%
Relative Tail Risk 4.72%
Reward TTM
Sharpe Ratio 0.01
Alpha -4.33
Character TTM
Beta 0.355
Beta Downside 0.523
Drawdowns 3y
Max DD 11.11%
CAGR/Max DD 0.88

Description: AWF AllianceBernstein Global January 21, 2026

AllianceBernstein Global High Income Closed Fund (NYSE: AWF) is a U.S.-based closed-end fund that invests primarily in high-yield (below-investment-grade) corporate bonds, aiming to generate income that exceeds traditional investment-grade benchmarks.

Key performance metrics to watch include its weighted-average yield (≈ 7.5% as of Q4 2023), portfolio duration (≈ 4.2 years), and credit-quality distribution (about 60% BB-rated, 30% B-rated, remainder lower). The fund’s income is especially sensitive to Federal Reserve policy; a sustained rise in short-term rates tends to compress high-yield spreads, while an economic slowdown can widen them, boosting yields but raising default risk.

Sector exposure is tilted toward energy and financial services, which together account for roughly 35% of assets; these sectors often benefit from higher commodity prices and tighter credit conditions, respectively, but also introduce concentration risk.

For a deeper, data-driven look at how AWF’s risk-adjusted returns compare to peers, you might explore the analytics on ValueRay.

What is the price of AWF shares?

As of February 08, 2026, the stock is trading at USD 10.60 with a total of 290,059 shares traded.
Over the past week, the price has changed by -0.04%, over one month by -0.35%, over three months by -0.29% and over the past year by +3.72%.

Is AWF a buy, sell or hold?

AllianceBernstein Global has no consensus analysts rating.

What are the forecasts/targets for the AWF price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 12.1 13.7%

AWF Fundamental Data Overview February 02, 2026

Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 893.3m USD (893.3m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 893.3m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 893.3m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 7.22% (E(893.3m)/V(893.3m) * Re(7.22%) + (debt-free company))
Discount Rate = 7.22% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for AWF Fund

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle