Western Asset Global High Income Fund Inc. (EHI) To Go Ex-Dividend on August 24th

Western Asset Global High Income Fund Inc. (NYSE:EHI) declared a monthly dividend on Thursday, May 14th. Investors of record on Monday, August 24th will be given a dividend of 0.07 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 14.5%. The ex-dividend date is Monday, August 24th.

Western Asset Global High Income Fund Stock Up 0.2%

NYSE EHI opened at $5.78 on Friday. The firm’s fifty day moving average price is $5.90 and its 200 day moving average price is $6.07. Western Asset Global High Income Fund has a 12 month low of $5.75 and a 12 month high of $6.70.

Hedge Funds Weigh In On Western Asset Global High Income Fund

Hedge funds have recently made changes to their positions in the company. Ameriprise Financial Inc. lifted its holdings in shares of Western Asset Global High Income Fund by 18.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 325,433 shares of the company’s stock valued at $2,139,000 after purchasing an additional 49,801 shares during the last quarter. Invesco Ltd. grew its stake in Western Asset Global High Income Fund by 2.2% during the 2nd quarter. Invesco Ltd. now owns 320,778 shares of the company’s stock worth $2,098,000 after buying an additional 7,038 shares during the last quarter. Quarry LP increased its position in Western Asset Global High Income Fund by 49.4% during the fourth quarter. Quarry LP now owns 187,883 shares of the company’s stock worth $1,204,000 after buying an additional 62,127 shares during the period. Osaic Holdings Inc. lifted its stake in Western Asset Global High Income Fund by 29.0% in the fourth quarter. Osaic Holdings Inc. now owns 136,908 shares of the company’s stock valued at $878,000 after buying an additional 30,794 shares during the last quarter. Finally, Corient Private Wealth LLC purchased a new stake in Western Asset Global High Income Fund in the second quarter valued at approximately $644,000.

Western Asset Global High Income Fund Company 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.