Western Asset Global High Income Fund Inc. $EHI Position Increased by Shaker Financial Services LLC

Shaker Financial Services LLC boosted its stake in shares of Western Asset Global High Income Fund Inc. (NYSE:EHI) by 33.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 553,533 shares of the company’s stock after purchasing an additional 138,556 shares during the quarter. Western Asset Global High Income Fund makes up approximately 1.3% of Shaker Financial Services LLC’s holdings, making the stock its 22nd largest position. Shaker Financial Services LLC’s holdings in Western Asset Global High Income Fund were worth $3,692,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new position in shares of Western Asset Global High Income Fund during the second quarter valued at $53,000. Tactive Advisors LLC bought a new stake in Western Asset Global High Income Fund in the 2nd quarter valued at about $132,000. Total Wealth Planning & Management Inc. lifted its position in Western Asset Global High Income Fund by 10.4% in the 2nd quarter. Total Wealth Planning & Management Inc. now owns 43,980 shares of the company’s stock valued at $288,000 after purchasing an additional 4,155 shares during the last quarter. Corient Private Wealth LLC acquired a new position in Western Asset Global High Income Fund during the 2nd quarter valued at about $322,000. Finally, Osaic Holdings Inc. grew its position in Western Asset Global High Income Fund by 28.0% in the 2nd quarter. Osaic Holdings Inc. now owns 103,019 shares of the company’s stock worth $674,000 after purchasing an additional 22,524 shares during the last quarter.

Western Asset Global High Income Fund Stock Up 0.5%

EHI opened at $6.39 on Wednesday. The business’s 50 day moving average is $6.36 and its 200-day moving average is $6.47. Western Asset Global High Income Fund Inc. has a twelve month low of $6.11 and a twelve month high of $6.91.

Western Asset Global High Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 20th will be given a dividend of $0.07 per share. This represents a c) dividend on an annualized basis and a yield of 13.1%. The ex-dividend date is Friday, February 20th.

Western Asset Global High Income Fund Profile

Western Asset Global High Income Fund (NYSE: EHI) is a diversified, closed-end management investment company that seeks to provide high current income by investing primarily in a broad range of high-yield and emerging-market debt securities. The fund’s portfolio typically includes corporate and sovereign bonds, bank loans, convertible securities and other credit instruments denominated in U.S. dollars and foreign currencies. By accessing global credit markets, EHI aims to capture attractive yield opportunities across developed and developing economies.

Launched in the late 2000s, the fund employs both fundamental credit analysis and top-down macroeconomic research to construct a portfolio that balances income generation with risk management.