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

Western Asset Global High Income Fund Inc. (NYSE:EHI) declared a monthly dividend on Wednesday, August 5th. Shareholders of record on Wednesday, September 23rd will be paid a dividend of 0.07 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 14.4%. The ex-dividend date of this dividend is Wednesday, September 23rd.

Western Asset Global High Income Fund Trading Up 0.7%

EHI opened at $5.85 on Thursday. Western Asset Global High Income Fund has a 52-week low of $5.75 and a 52-week high of $6.70. The company has a 50 day moving average of $5.93 and a two-hundred day moving average of $6.12.

Hedge Funds Weigh In On Western Asset Global High Income Fund

Several hedge funds and other institutional investors have recently made changes to their positions in EHI. CoreCap Advisors LLC purchased a new stake in Western Asset Global High Income Fund during the 2nd quarter worth $48,000. Ashton Thomas Securities LLC acquired a new position in shares of Western Asset Global High Income Fund during the first quarter worth about $65,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of Western Asset Global High Income Fund in the first quarter worth about $72,000. World Investment Advisors purchased a new stake in shares of Western Asset Global High Income Fund in the fourth quarter worth about $187,000. Finally, NewEdge Advisors LLC grew its stake in shares of Western Asset Global High Income Fund by 11.6% in the fourth quarter. NewEdge Advisors LLC now owns 97,343 shares of the company’s stock valued at $624,000 after buying an additional 10,084 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.