Nuveen Global High Income Fund (JGH) To Go Ex-Dividend on May 15th

Nuveen Global High Income Fund (NYSE:JGH) declared a monthly dividend on Friday, May 1st. Stockholders of record on Friday, May 15th will be given a dividend of 0.1035 per share on Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 9.8%. The ex-dividend date of this dividend is Friday, May 15th.

Nuveen Global High Income Fund Stock Down 0.7%

Shares of JGH traded down $0.09 during mid-day trading on Wednesday, hitting $12.64. 56,471 shares of the company traded hands, compared to its average volume of 94,775. The stock has a 50-day moving average price of $12.54 and a two-hundred day moving average price of $12.65. Nuveen Global High Income Fund has a 1 year low of $11.80 and a 1 year high of $13.70.

Institutional Trading of Nuveen Global High Income Fund

Large investors have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp bought a new stake in Nuveen Global High Income Fund during the third quarter valued at approximately $25,000. International Assets Investment Management LLC bought a new stake in Nuveen Global High Income Fund during the fourth quarter valued at approximately $30,000. Kestra Advisory Services LLC bought a new stake in Nuveen Global High Income Fund during the fourth quarter valued at approximately $34,000. Comerica Bank grew its position in Nuveen Global High Income Fund by 38.2% during the third quarter. Comerica Bank now owns 7,137 shares of the company’s stock valued at $96,000 after buying an additional 1,974 shares during the period. Finally, Fifth Third Bancorp bought a new stake in Nuveen Global High Income Fund during the first quarter valued at approximately $99,000.

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.