5 High-Yield Dividends (Reaching 9.3%) That Washington Prefers to Keep Under the Radar
US Government Bond Strategy: The US Treasury is issuing a significant portion of its debt in short-term bonds, which saves billions in interest payments and impacts the bond market positively.
Impact on Foreign Bonds: This strategy encourages investors to seek higher yields in foreign bonds, weakening the US dollar and benefiting non-hedged foreign bond funds.
High-Yield Bond Funds: Several foreign bond funds are highlighted for their attractive yields, with JGH offering a notable 9.3% dividend and AWF showing strong performance since its inception.
Investor Concerns: Amid market volatility, there is a focus on providing strategies for investors seeking stable income through dividends, emphasizing the importance of a "dividends-only" approach for financial security.
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- Portfolio Overview: As of December 31, 2025, the AllianceBernstein Global High Income Fund reported total net assets of $985.24 million with 1,243 holdings, indicating a broad exposure in the fixed-income market.
- Top Fixed-Income Holdings: The fund's top ten fixed-income holdings include U.S. Treasury Notes at 1.08% and 1261229 BC Ltd.'s 10% bonds at 0.58%, reflecting a preference for high-yield debt and a strategic risk management approach.
- Credit Rating Distribution: Within the portfolio, BB-rated bonds constitute 45.40%, while AAA and AA-rated bonds account for 2.40% and 1.19%, respectively, highlighting the fund's pursuit of yield alongside a relatively higher credit risk profile.
- Maturity Structure Analysis: The fund's bond maturity structure shows that 65.46% of bonds will mature within 1 to 5 years, indicating a liquidity management strategy aimed at navigating market volatility and interest rate fluctuations.
- Distribution Announcement: AllianceBernstein Closed-End Funds declared distributions to be paid on February 20, 2026, with AllianceBernstein Global High Income Fund distributing $0.0655 per share and AllianceBernstein National Municipal Income Fund distributing $0.05018 per share, indicating the company's ongoing profitability.
- Dividend Schedule: Both funds have an ex-dividend date and record date of February 5, 2026, ensuring timely returns for investors and reflecting the company's commitment to shareholder returns.
- Management Background: These funds are managed by AllianceBernstein L.P., showcasing the firm's expertise in fixed-income investments aimed at providing stable income sources for investors.
- Market Impact: This distribution plan may attract more investor interest in these funds, enhancing their market competitiveness and potentially having a positive effect on the funds' share prices.

- Portfolio Overview: As of November 30, 2025, the AllianceBernstein Global High Income Fund's total assets are nearly $989.37 million, indicating stable performance in the fixed-income market amidst the current economic environment.
- Top Holdings Analysis: Among the top ten fixed-income holdings, U.S. Treasury notes account for 1.08%, while bonds from Bausch Health represent 0.53%, reflecting the fund's diversified strategy in risk management and yield generation.
- Sector Distribution: Non-investment grade corporate bonds make up 8.19% of the portfolio, with significant allocations to industrials and consumer non-cyclical sectors, highlighting the fund's preference for high-yield assets aimed at enhancing overall returns.
- Credit Rating Distribution: 46.65% of the fund's bonds are rated BB, demonstrating a balance between pursuing yield and maintaining credit risk control, which is crucial for navigating market volatility challenges.
- Distribution Announcement: AllianceBernstein Global High Income Fund, Inc. declares a distribution of $0.0167 per share of investment income, with a payment date set for January 16, 2026, demonstrating the fund's ongoing ability to generate returns for investors.
- Municipal Income Distribution: AllianceBernstein National Municipal Income Fund, Inc. will also pay $0.05018 per share of investment income on January 16, 2026, reflecting its stable cash flow and commitment to investors.
- Distribution Context: The distribution from the Global High Income Fund represents a partial payment of the $0.0655 distribution for January 2026, indicating the fund's stability in maintaining payout levels.
- Management Company: Both funds are managed by AllianceBernstein L.P., showcasing its expertise and credibility in the closed-end fund sector.

- Portfolio Overview: As of November 30, 2025, AllianceBernstein's Global High Income Fund reports total net assets nearing $989 million, indicating stability and attractiveness in the fixed-income market.
- Top Holdings Analysis: U.S. Treasury notes account for 1.08% of the portfolio, while Bausch Health bonds represent 0.53%, reflecting the fund's diversified strategy in risk management and yield generation.
- Sector Distribution: Non-investment grade corporate bonds make up 8.19% of the portfolio, showcasing the fund's proactive positioning in the high-yield space aimed at enhancing overall returns through higher-risk investments.
- Credit Rating Distribution: With 46.65% of investments in BB-rated bonds, the fund demonstrates a balance between seeking yield and maintaining credit risk control, ensuring the robustness of the investment portfolio.
Bond Market Outlook: 2026 is expected to be a favorable year for bond investors, with anticipated rate cuts from the Federal Reserve, which will lower borrowing costs and boost housing and investment.
Impact of Fed Leadership: The potential appointment of either Kevin Hassett or Kevin Warsh as the next Fed Chair suggests continued rate cuts, benefiting bond funds that utilize leverage, such as PIMCO Dynamic Income (PDI) and DoubleLine Income Solutions (DSL).
High-Yield Opportunities: Funds like PDI and DSL are positioned to capitalize on falling rates, with yields of 14.9% and 11.7% respectively, while other funds like AllianceBernstein Global High Income (AWF) and Nuveen Municipal Credit Income (NZF) also offer attractive returns in a declining rate environment.
Retirement Strategy Shift: With high yields available, traditional retirement strategies are being reconsidered, as investors look to leverage bond investments to secure retirement income with as little as $500K, moving away from conventional income sources.






