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

Western Asset Global High Income Fund Inc. (NYSE:EHI) announced a monthly dividend on Thursday, May 14th. Stockholders of record on Monday, August 24th will be given a dividend of 0.07 per share on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 13.9%. The ex-dividend date is Monday, August 24th.

Western Asset Global High Income Fund Price Performance

Shares of NYSE:EHI traded down $0.02 during trading on Thursday, hitting $6.05. The company had a trading volume of 50,690 shares, compared to its average volume of 96,706. Western Asset Global High Income Fund has a one year low of $5.80 and a one year high of $6.70. The company has a fifty day simple moving average of $6.12 and a two-hundred day simple moving average of $6.30.

Institutional Investors Weigh In On Western Asset Global High Income Fund

Institutional investors and hedge funds have recently modified their holdings of the business. Kestra Advisory Services LLC bought a new stake in shares of Western Asset Global High Income Fund during the 4th quarter worth approximately $35,000. Raymond James Financial Inc. bought a new stake in shares of Western Asset Global High Income Fund during the 2nd quarter worth approximately $53,000. Mosaic Family Wealth Partners LLC bought a new stake in shares of Western Asset Global High Income Fund during the 3rd quarter worth approximately $65,000. Wolverine Asset Management LLC bought a new stake in shares of Western Asset Global High Income Fund during the 3rd quarter worth approximately $66,000. Finally, Allspring Global Investments Holdings LLC bought a new stake in shares of Western Asset Global High Income Fund during the 1st quarter worth approximately $72,000.

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.