Nuveen Global High Income Fund (NYSE:JGH – Get Free Report) declared a monthly dividend on Monday, June 1st. Shareholders of record on Monday, June 15th will be paid a dividend of 0.1035 per share on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 9.7%. The ex-dividend date is Monday, June 15th.
Nuveen Global High Income Fund Stock Down 0.3%
Shares of NYSE JGH opened at $12.79 on Tuesday. The stock’s fifty day moving average price is $12.56 and its two-hundred day moving average price is $12.62. Nuveen Global High Income Fund has a one year low of $11.80 and a one year high of $13.70.
Institutional Trading of Nuveen Global High Income Fund
Institutional investors have recently modified their holdings of the stock. Invesco Ltd. lifted its position in shares of Nuveen Global High Income Fund by 8.1% during the 3rd quarter. Invesco Ltd. now owns 501,000 shares of the company’s stock valued at $6,774,000 after acquiring an additional 37,403 shares during the period. Balyasny Asset Management L.P. bought a new stake in shares of Nuveen Global High Income Fund during the 4th quarter valued at $1,665,000. Readystate Asset Management LP bought a new stake in shares of Nuveen Global High Income Fund during the 4th quarter valued at $1,192,000. HighTower Advisors LLC bought a new stake in shares of Nuveen Global High Income Fund during the 4th quarter worth $246,000. Finally, Comerica Bank lifted its position in shares of Nuveen Global High Income Fund by 38.2% during the 3rd quarter. Comerica Bank now owns 7,137 shares of the company’s stock worth $96,000 after buying an additional 1,974 shares during the last quarter.
About Nuveen Global High Income Fund
Nuveen Global High Income Fund (NYSE: JGH) is a closed-end investment company that seeks to provide high current income by investing primarily in high-yield debt securities issued by non-U.S. corporations. Established in 2007 and managed by Nuveen Asset Management, the fund offers investors exposure to global credit markets with a focus on higher-yielding instruments. The fund’s strategy aims to balance income generation with diversification across various sectors and geographies outside of the United States.
The fund’s portfolio typically includes a mix of high-yield corporate bonds, bank loans and, from time to time, convertible securities.
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