Western Asset Global High Income Fund Inc. $EHI Stock Holdings Lowered by Shaker Financial Services LLC

Shaker Financial Services LLC lessened its stake in shares of Western Asset Global High Income Fund Inc. (NYSE:EHI) by 50.1% during the third quarter, HoldingsChannel reports. The firm owned 263,590 shares of the company’s stock after selling 264,314 shares during the period. Shaker Financial Services LLC’s holdings in Western Asset Global High Income Fund were worth $1,437,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Readystate Asset Management LP acquired a new stake in shares of Western Asset Global High Income Fund in the second quarter valued at about $315,000. World Investment Advisors purchased a new stake in shares of Western Asset Global High Income Fund during the 4th quarter valued at about $187,000. Bank of America Corp DE acquired a new position in Western Asset Global High Income Fund during the 2nd quarter worth approximately $77,000. Allspring Global Investments Holdings LLC acquired a new position in Western Asset Global High Income Fund during the 1st quarter worth approximately $72,000. Finally, Ashton Thomas Securities LLC acquired a new position in Western Asset Global High Income Fund during the 1st quarter worth approximately $65,000.

Western Asset Global High Income Fund Stock Down 1.4%

NYSE EHI traded down $0.07 on Wednesday, reaching $5.33. The company had a trading volume of 83,793 shares, compared to its average volume of 109,903. Western Asset Global High Income Fund Inc. has a 1 year low of $5.30 and a 1 year high of $6.55. The firm has a 50-day moving average of $5.63 and a 200-day moving average of $5.86.

Western Asset Global High Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, November 30th. Stockholders of record on Friday, November 20th will be given a dividend of $0.07 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 15.8%. The ex-dividend date of this dividend is Friday, November 20th.

About Western Asset Global High Income Fund

Western Asset Global High Income Fund Inc is a closed-end investment company listed on the New York Stock Exchange under the symbol EHI. The fund seeks to provide a high level of current income, with capital appreciation as a secondary objective, by investing primarily in fixed-income securities issued by companies and governments around the world.

The fund’s portfolio may include below-investment-grade corporate bonds, emerging-market debt, sovereign and government-related securities, bank loans, and other income-producing instruments.