Insider Trading April 7, 2026

AllianceBernstein High Income Fund VP Sells 5,462 AWF Shares; Holds 14,801.2209 After Trades

Gershon M. Distenfeld completed a February sale and earlier January purchases in AWF, as the fund trades near its 52-week low with an 8.21% dividend yield

By Nina Shah AWF
AllianceBernstein High Income Fund VP Sells 5,462 AWF Shares; Holds 14,801.2209 After Trades
AWF

Gershon M. Distenfeld, a vice president at AllianceBernstein Global High Income Fund Inc., sold 5,462 shares of AWF on February 5, 2026, for $57,733 at $10.57 per share. Earlier, on January 22, 2026, he bought 1,593 shares across two transactions at prices between $10.595 and $10.599 totaling $16,880. After these trades he directly owns 14,801.2209 shares. The closed-end fund carries an 8.21% dividend yield and is trading close to a 52-week low of $9.30, according to InvestingPro, which also notes the fund has paid dividends for 34 consecutive years.

Key Points

  • Distenfeld sold 5,462 AWF shares on February 5, 2026, for $57,733 at $10.57 per share.
  • On January 22, 2026, Distenfeld bought 1,593 AWF shares in two transactions at $10.595 to $10.599, costing $16,880.
  • After these trades he directly owns 14,801.2209 AWF shares; the fund yields 8.21% and is trading near a 52-week low of $9.30.

Key transaction details

Gershon M. Distenfeld, identified as a vice president at ALLIANCEBERNSTEIN GLOBAL HIGH INCOME FUND INC (NYSE: AWF), sold 5,462 shares of the fund's common stock on February 5, 2026. The sale generated $57,733 in proceeds, with each share priced at $10.57. That sale price is higher than AWF's current trading level of $10.21.

Prior acquisition

Earlier, on January 22, 2026, Distenfeld purchased a total of 1,593 AWF shares in two separate transactions. The purchase prices ranged narrowly from $10.595 to $10.599 per share, and the aggregate cost of those buys was $16,880.

Post-trade ownership

Following the January purchases and the February sale, Distenfeld is reported to directly own 14,801.2209 shares of AllianceBernstein Global High Income Fund Inc.

Fund context

The fund is listed on the New York Stock Exchange under the ticker AWF and, according to InvestingPro, carries an 8.21% dividend yield. InvestingPro also reports the fund has maintained dividend payments for 34 consecutive years. At present, the fund is trading near its 52-week low of $9.30.

Availability of additional analyst material

InvestingPro subscribers are noted to have access to five additional tips regarding AWF's financial health and performance metrics.


Summary

This report outlines the exchange activity by Gershon M. Distenfeld in AllianceBernstein Global High Income Fund Inc. common stock, covering a February 5, 2026 sale of 5,462 shares at $10.57 per share and January 22, 2026 purchases totaling 1,593 shares at prices between $10.595 and $10.599. The transactions leave Distenfeld with 14,801.2209 shares. The fund is noted to yield 8.21% and is trading close to a 52-week low of $9.30, with InvestingPro indicating 34 consecutive years of dividend payments and offering five additional subscribers-only tips on the fund's performance.

Key points

  • Insider sale: 5,462 AWF shares sold on February 5, 2026, for $57,733 at $10.57 per share.
  • Prior insider purchases: 1,593 shares acquired on January 22, 2026, across two trades at $10.595 to $10.599, totaling $16,880.
  • Fund profile: AWF shows an 8.21% dividend yield and has paid dividends for 34 consecutive years; currently trading near a 52-week low of $9.30.

Risks and uncertainties

  • Share price proximity to the 52-week low - the fund is trading near $9.30, which may reflect market valuation pressures for stakeholders in asset management and closed-end funds.
  • Insider transaction mix - the occurrence of both purchases and a sale by the same insider within a short period introduces uncertainty about the insider's near-term allocation, relevant to investors focused on executive and director activity.
  • Limited public detail - the report cites InvestingPro for additional subscriber-only tips, indicating that some performance details referenced are behind a subscription and not fully disclosed in this notice.

Sectors affected

  • Financials - asset management and closed-end funds.
  • Income-focused investments - dividend-reliant strategies and yield-seeking investors.

Risks

  • AWF is trading close to its 52-week low of $9.30, signaling potential valuation pressure for the fund and related income strategies.
  • The combination of insider purchases and a subsequent sale within a short timeframe introduces uncertainty about the insider's positioning.
  • Some detailed performance tips on AWF are available only to InvestingPro subscribers, limiting full public disclosure of certain metrics.

More from Insider Trading

Guardant Health Chief People Officer Disposes of $355K in Shares Amid Rising Stock Apr 7, 2026 Remitly Director Joshua Hug Disposes of $22,865 in Shares as Company Posts Strong Quarter and Management Changes Apr 7, 2026 Lamb Weston Director Buys $197,225 in Shares as Stock Trades Near Yearly Low Apr 7, 2026 AIRO Group Holdings President Sells Small Stake to Cover RSU Taxes; Company Posts Revenue Gain but Misses EPS Estimate Apr 7, 2026 Viant CFO Sells $82,517 in Stock as Company Reports Robust Q4 Results Apr 7, 2026