Western Asset Global High Income Fund Inc. (EHI) to Issue Monthly Dividend of $0.07 on January 30th

Western Asset Global High Income Fund Inc. (NYSE:EHI) announced a monthly dividend on Thursday, November 20th. Stockholders of record on Friday, January 23rd will be given a dividend of 0.07 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 13.0%. The ex-dividend date of this dividend is Friday, January 23rd.

Western Asset Global High Income Fund Stock Performance

NYSE EHI opened at $6.47 on Wednesday. Western Asset Global High Income Fund has a 1 year low of $6.11 and a 1 year high of $6.91. The company has a fifty day moving average of $6.37 and a 200 day moving average of $6.47.

Institutional Trading of Western Asset Global High Income Fund

Several institutional investors have recently bought and sold shares of EHI. Absolute Investment Advisers LLC grew its position in shares of Western Asset Global High Income Fund by 8.5% in the second quarter. Absolute Investment Advisers LLC now owns 870,040 shares of the company’s stock valued at $5,690,000 after purchasing an additional 67,862 shares during the period. Total Wealth Planning & Management Inc. lifted its stake in Western Asset Global High Income Fund by 10.4% in the 2nd quarter. Total Wealth Planning & Management Inc. now owns 43,980 shares of the company’s stock valued at $288,000 after buying an additional 4,155 shares in the last quarter. Shaker Financial Services LLC boosted its holdings in Western Asset Global High Income Fund by 61.5% in the 2nd quarter. Shaker Financial Services LLC now owns 414,977 shares of the company’s stock worth $2,743,000 after buying an additional 158,042 shares during the last quarter. J.W. Cole Advisors Inc. boosted its holdings in Western Asset Global High Income Fund by 5.5% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 243,741 shares of the company’s stock worth $1,594,000 after buying an additional 12,743 shares during the last quarter. Finally, Invesco Ltd. increased 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 in the last quarter.

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.