Alliance World Dollar Government Fund II (AWF) Shares Bought by Saba Capital Management L.P.

Saba Capital Management L.P. boosted its stake in Alliance World Dollar Government Fund II (NYSE:AWF) by 2,107.8% in the first quarter, HoldingsChannel.com reports. The firm owned 269,575 shares of the closed-end fund’s stock after acquiring an additional 257,365 shares during the period. Saba Capital Management L.P.’s holdings in Alliance World Dollar Government Fund II were worth $3,205,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of AWF. Arnhold LLC bought a new stake in Alliance World Dollar Government Fund II in the 1st quarter worth approximately $20,105,000. RMB Capital Management LLC grew its position in Alliance World Dollar Government Fund II by 322.0% in the 1st quarter. RMB Capital Management LLC now owns 392,006 shares of the closed-end fund’s stock worth $4,661,000 after purchasing an additional 299,120 shares during the period. Uncommon Cents Investing LLC bought a new stake in Alliance World Dollar Government Fund II in the 4th quarter worth approximately $1,790,000. Raymond James Financial Services Advisors Inc. grew its position in Alliance World Dollar Government Fund II by 217.3% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 174,355 shares of the closed-end fund’s stock worth $2,225,000 after purchasing an additional 119,403 shares during the period. Finally, NINE MASTS CAPITAL Ltd bought a new stake in Alliance World Dollar Government Fund II in the 1st quarter worth approximately $1,402,000. 20.32% of the stock is owned by institutional investors and hedge funds.

NYSE:AWF opened at $11.57 on Thursday. Alliance World Dollar Government Fund II has a 12 month low of $11.56 and a 12 month high of $13.12. The company has a market capitalization of $999.40 million, a price-to-earnings ratio of 14.13 and a beta of 0.29.



The business also recently announced a monthly dividend, which will be paid on Friday, June 22nd. Shareholders of record on Friday, June 8th will be given a $0.0699 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 7.25%. The ex-dividend date is Thursday, June 7th.

Alliance World Dollar Government Fund II Profile

AllianceBernstein Global High Income Fund, Inc is a closed-end investment fund. Its objective is to seek high current income and secondarily-capital appreciation. It invests, without limit, in securities denominated in non-U.S. currencies as well as those denominated in the U.S. dollar. The company was founded on May 20, 1993 and is headquartered in New York, NY.

Want to see what other hedge funds are holding AWF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alliance World Dollar Government Fund II (NYSE:AWF).

Institutional Ownership by Quarter for Alliance World Dollar Government Fund II (NYSE:AWF)

Receive News & Ratings for Alliance World Dollar Government Fund II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alliance World Dollar Government Fund II and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply