Western Asset Global High Income Fund Inc. (EHI) To Go Ex-Dividend on July 24th

Western Asset Global High Income Fund Inc. (NYSE:EHI) announced a monthly dividend on Thursday, May 14th. Stockholders of record on Friday, July 24th will be given a dividend of 0.07 per share on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 14.0%. The ex-dividend date is Friday, July 24th.

Western Asset Global High Income Fund Stock Performance

Western Asset Global High Income Fund stock opened at $6.00 on Friday. 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 firm’s 50-day simple moving average is $6.11 and its 200 day simple moving average is $6.29.

Institutional Trading of Western Asset Global High Income Fund

Several institutional investors and hedge funds have recently bought and sold shares of EHI. GraniteShares Advisors LLC purchased a new stake in Western Asset Global High Income Fund in the 4th quarter worth approximately $2,733,000. Absolute Investment Advisers LLC lifted its stake in Western Asset Global High Income Fund by 50.3% in the 4th quarter. Absolute Investment Advisers LLC now owns 467,620 shares of the company’s stock worth $2,986,000 after purchasing an additional 156,485 shares in the last quarter. Corient Private Wealth LLC purchased a new stake in Western Asset Global High Income Fund in the 2nd quarter worth approximately $644,000. Quarry LP increased its holdings in shares of Western Asset Global High Income Fund by 49.4% in the 4th quarter. Quarry LP now owns 187,883 shares of the company’s stock worth $1,204,000 after buying an additional 62,127 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of Western Asset Global High Income Fund by 18.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 325,433 shares of the company’s stock valued at $2,139,000 after purchasing an additional 49,801 shares during 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.