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Alliancebernstein Global High I Message Board

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  • goldinvestmentmanagement goldinvestmentmanagement Sep 17, 2008 1:35 PM Flag

    Here's why AWF and ACG fell like a stone today

    I agree. AWF has nothing to do with AB except that AB may soon be BB- and qualify for inclusion in high yield portfolio.
    We we would hope that the Fund, which has been trading for 15 yrs on NYSE, is well run by experienced managers.
    Note: In 1998 meltdown, AWF got pounded and recovered nicely as spreads narrowed.
    Portfolio is massively diversified.

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