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

Western Asset Global High Income Fund Inc. (NYSE:EHI) declared a monthly dividend on Thursday, May 14th. Investors of record on Tuesday, June 23rd will be paid a dividend of 0.07 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 13.9%. The ex-dividend date is Tuesday, June 23rd.

Western Asset Global High Income Fund Stock Down 0.2%

EHI traded down $0.02 during trading on Thursday, reaching $6.05. 50,690 shares of the company’s stock were exchanged, compared to its average volume of 96,706. Western Asset Global High Income Fund has a fifty-two week low of $5.80 and a fifty-two week high of $6.70. The business has a 50 day moving average price of $6.12 and a 200 day moving average price of $6.30.

Institutional Investors Weigh In On Western Asset Global High Income Fund

Several institutional investors and hedge funds have recently made changes to their positions in EHI. Allspring Global Investments Holdings LLC bought a new position in shares of Western Asset Global High Income Fund in the first quarter valued at about $72,000. World Investment Advisors bought a new stake in Western Asset Global High Income Fund during the 4th quarter worth about $187,000. NewEdge Advisors LLC raised its holdings in Western Asset Global High Income Fund by 11.6% during the 4th quarter. NewEdge Advisors LLC now owns 97,343 shares of the company’s stock worth $624,000 after purchasing an additional 10,084 shares during the last quarter. Osaic Holdings Inc. increased its stake in shares of Western Asset Global High Income Fund by 29.0% in the 4th quarter. Osaic Holdings Inc. now owns 136,908 shares of the company’s stock valued at $878,000 after acquiring an additional 30,794 shares during the last quarter. Finally, Landscape Capital Management L.L.C. bought a new stake in shares of Western Asset Global High Income Fund in the 4th quarter valued at about $135,000.

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.