Shaker Financial Services LLC Sells 129,659 Shares of Western Asset Global High Income Fund Inc. $EHI

Shaker Financial Services LLC decreased its holdings in Western Asset Global High Income Fund Inc. (NYSE:EHI) by 23.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 423,874 shares of the company’s stock after selling 129,659 shares during the period. Shaker Financial Services LLC’s holdings in Western Asset Global High Income Fund were worth $2,717,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. GraniteShares Advisors LLC bought a new position in shares of Western Asset Global High Income Fund in the fourth quarter worth about $2,733,000. Ameriprise Financial Inc. boosted its stake in shares of Western Asset Global High Income Fund by 18.1% in the third quarter. Ameriprise Financial Inc. now owns 325,433 shares of the company’s stock worth $2,139,000 after acquiring an additional 49,801 shares during the period. Invesco Ltd. boosted its stake in shares of Western Asset Global High Income Fund by 2.2% in the second quarter. Invesco Ltd. now owns 320,778 shares of the company’s stock worth $2,098,000 after acquiring an additional 7,038 shares during the period. J.W. Cole Advisors Inc. boosted its stake in shares of Western Asset Global High Income Fund by 9.3% in the third quarter. J.W. Cole Advisors Inc. now owns 266,311 shares of the company’s stock worth $1,758,000 after acquiring an additional 22,570 shares during the period. Finally, Osaic Holdings Inc. boosted its stake in shares of Western Asset Global High Income Fund by 28.0% in the second quarter. Osaic Holdings Inc. now owns 103,019 shares of the company’s stock worth $674,000 after acquiring an additional 22,524 shares during the period.

Western Asset Global High Income Fund Trading Up 0.2%

NYSE:EHI opened at $6.23 on Friday. Western Asset Global High Income Fund Inc. has a 12 month low of $5.80 and a 12 month high of $6.70. The business’s 50-day moving average is $6.23 and its 200 day moving average is $6.34.

Western Asset Global High Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Thursday, May 21st will be given a $0.07 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 13.5%. The ex-dividend date is Thursday, May 21st.

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.