Nuveen Global High Income Fund to Issue Monthly Dividend of $0.10 (NYSE:JGH)

Nuveen Global High Income Fund (NYSE:JGH) announced a monthly dividend on Friday, January 2nd. Investors of record on Thursday, January 15th will be given a dividend of 0.1035 per share on Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 9.7%. The ex-dividend date is Thursday, January 15th.

Nuveen Global High Income Fund Stock Up 0.7%

Shares of JGH stock opened at $12.86 on Tuesday. Nuveen Global High Income Fund has a one year low of $10.51 and a one year high of $13.70. The company has a 50 day moving average price of $12.58 and a 200 day moving average price of $13.03.

Institutional Investors Weigh In On Nuveen Global High Income Fund

Institutional investors have recently added to or reduced their stakes in the company. Apollon Wealth Management LLC increased its position in Nuveen Global High Income Fund by 6.1% during the 2nd quarter. Apollon Wealth Management LLC now owns 13,804 shares of the company’s stock worth $178,000 after purchasing an additional 790 shares in the last quarter. Gould Asset Management LLC CA increased its holdings in Nuveen Global High Income Fund by 4.4% in the 3rd quarter. Gould Asset Management LLC CA now owns 22,141 shares of the company’s stock valued at $299,000 after purchasing an additional 940 shares in the last quarter. Osaic Holdings Inc. increased its holdings in Nuveen Global High Income Fund by 4.4% in the 2nd quarter. Osaic Holdings Inc. now owns 33,131 shares of the company’s stock valued at $428,000 after purchasing an additional 1,388 shares in the last quarter. Independent Wealth Network Inc. raised its position in Nuveen Global High Income Fund by 8.9% in the third quarter. Independent Wealth Network Inc. now owns 21,158 shares of the company’s stock valued at $286,000 after purchasing an additional 1,724 shares during the period. Finally, Jones Financial Companies Lllp purchased a new stake in shares of Nuveen Global High Income Fund in the third quarter worth about $25,000.

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.