Western Asset Global High Income Fund Inc. (NYSE:EHI) Announces $0.07 Monthly Dividend

Western Asset Global High Income Fund Inc. (NYSE:EHI) announced a monthly dividend on Thursday, May 14th. Stockholders of record on Tuesday, June 23rd will be given a dividend of 0.07 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 13.9%. The ex-dividend date of this dividend is Tuesday, June 23rd.

Western Asset Global High Income Fund Stock Performance

Shares of EHI traded down $0.02 during trading hours on Thursday, hitting $6.05. 50,690 shares of the company were exchanged, compared to its average volume of 96,706. Western Asset Global High Income Fund has a fifty-two week low of $5.80 and a fifty-two week high of $6.70. The firm’s fifty day moving average is $6.12 and its 200 day moving average is $6.30.

Institutional Trading of Western Asset Global High Income Fund

Several large investors have recently bought and sold shares of the business. GraniteShares Advisors LLC acquired a new stake in shares of Western Asset Global High Income Fund during the fourth quarter valued at about $2,733,000. Absolute Investment Advisers LLC boosted its stake in shares of Western Asset Global High Income Fund by 50.3% during the fourth quarter. Absolute Investment Advisers LLC now owns 467,620 shares of the company’s stock valued at $2,986,000 after purchasing an additional 156,485 shares in the last quarter. Eclectic Associates Inc. ADV acquired a new stake in shares of Western Asset Global High Income Fund during the fourth quarter valued at about $94,000. Wolverine Asset Management LLC boosted its stake in shares of Western Asset Global High Income Fund by 26.8% during the fourth quarter. Wolverine Asset Management LLC now owns 12,687 shares of the company’s stock valued at $81,000 after purchasing an additional 2,680 shares in the last quarter. Finally, Rareview Capital LLC raised its position in shares of Western Asset Global High Income Fund by 9.5% during the fourth quarter. Rareview Capital LLC now owns 48,390 shares of the company’s stock worth $316,000 after acquiring an additional 4,209 shares during the last quarter.

About Western Asset Global High Income Fund

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.