Nuveen Global High Income Fund (NYSE:JGH) Shares Down 0.3% – Time to Sell?

Nuveen Global High Income Fund (NYSE:JGH) was down 0.3% on Tuesday . The company traded as low as $13.28 and last traded at $13.29. Approximately 34,754 shares were traded during trading, a decline of 25% from the average daily volume of 46,451 shares. The stock had previously closed at $13.33.

Nuveen Global High Income Fund Trading Down 0.3 %

The firm has a fifty day simple moving average of $13.08 and a 200-day simple moving average of $13.06.

Nuveen Global High Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be paid a $0.1035 dividend. The ex-dividend date is Friday, February 14th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 9.35%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Avior Wealth Management LLC increased its position in shares of Nuveen Global High Income Fund by 76.0% in the 3rd quarter. Avior Wealth Management LLC now owns 2,279 shares of the company’s stock worth $30,000 after purchasing an additional 984 shares during the last quarter. Calamos Advisors LLC increased its holdings in Nuveen Global High Income Fund by 23.8% in the fourth quarter. Calamos Advisors LLC now owns 14,194 shares of the company’s stock valued at $182,000 after buying an additional 2,730 shares during the last quarter. LPL Financial LLC raised its stake in Nuveen Global High Income Fund by 2.4% during the fourth quarter. LPL Financial LLC now owns 303,000 shares of the company’s stock valued at $3,891,000 after buying an additional 7,166 shares in the last quarter. RVW Wealth LLC raised its stake in Nuveen Global High Income Fund by 23.4% during the fourth quarter. RVW Wealth LLC now owns 39,379 shares of the company’s stock valued at $506,000 after buying an additional 7,479 shares in the last quarter. Finally, IHT Wealth Management LLC lifted its holdings in Nuveen Global High Income Fund by 82.6% during the 3rd quarter. IHT Wealth Management LLC now owns 19,352 shares of the company’s stock worth $259,000 after buying an additional 8,752 shares during the last quarter.

Nuveen Global High Income Fund Company Profile

Nuveen Global High Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in fixed income markets across the globe. The fund primarily invests in U.S. high-yield bonds, non-U.S.