Saba Capital Management L.P. lifted its position in Western Asset Global High Income Fnd Inc (NYSE:EHI) by 75.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,154,522 shares of the company’s stock after purchasing an additional 924,640 shares during the quarter. Western Asset Global High Income Fnd accounts for about 1.2% of Saba Capital Management L.P.’s holdings, making the stock its 15th largest holding. Saba Capital Management L.P.’s holdings in Western Asset Global High Income Fnd were worth $19,649,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wells Fargo & Company MN boosted its holdings in shares of Western Asset Global High Income Fnd by 31.3% in the 1st quarter. Wells Fargo & Company MN now owns 200,752 shares of the company’s stock worth $1,889,000 after purchasing an additional 47,901 shares in the last quarter. Shufro Rose & Co. LLC purchased a new position in shares of Western Asset Global High Income Fnd in the 2nd quarter worth about $116,000. UBS Group AG boosted its holdings in shares of Western Asset Global High Income Fnd by 296.1% in the 1st quarter. UBS Group AG now owns 2,082,625 shares of the company’s stock worth $19,598,000 after purchasing an additional 1,556,853 shares in the last quarter. Cornerstone Wealth Management LLC purchased a new position in shares of Western Asset Global High Income Fnd in the 2nd quarter worth about $3,500,000. Finally, Stifel Financial Corp boosted its holdings in shares of Western Asset Global High Income Fnd by 214.3% in the 1st quarter. Stifel Financial Corp now owns 48,543 shares of the company’s stock worth $457,000 after purchasing an additional 33,100 shares in the last quarter.

EHI opened at $9.15 on Thursday. Western Asset Global High Income Fnd Inc has a 12-month low of $9.03 and a 12-month high of $10.40.

The company also recently disclosed a monthly dividend, which will be paid on Thursday, November 1st. Stockholders of record on Friday, October 19th will be issued a $0.061 dividend. This represents a $0.73 dividend on an annualized basis and a dividend yield of 8.00%. The ex-dividend date is Thursday, October 18th.

Western Asset Global High Income Fnd Profile

Western Asset Global High Income Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe.

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Institutional Ownership by Quarter for Western Asset Global High Income Fnd (NYSE:EHI)

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