Sit Investment Associates Inc. Sells 526,119 Shares of Western Asset Global High Income Fund Inc. $EHI

Sit Investment Associates Inc. lowered its stake in shares of Western Asset Global High Income Fund Inc. (NYSE:EHI) by 13.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,430,965 shares of the company’s stock after selling 526,119 shares during the quarter. Sit Investment Associates Inc.’s holdings in Western Asset Global High Income Fund were worth $21,992,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Invesco Ltd. lifted its position in shares of Western Asset Global High Income Fund by 2.2% during the second quarter. Invesco Ltd. now owns 320,778 shares of the company’s stock valued at $2,098,000 after buying an additional 7,038 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Western Asset Global High Income Fund in the second quarter valued at approximately $53,000. Ameriprise Financial Inc. boosted its stake in shares of Western Asset Global High Income Fund by 0.6% in the second quarter. Ameriprise Financial Inc. now owns 275,632 shares of the company’s stock worth $1,803,000 after acquiring an additional 1,549 shares during the last quarter. Corient Private Wealth LLC purchased a new stake in shares of Western Asset Global High Income Fund during the second quarter worth approximately $644,000. Finally, Osaic Holdings Inc. raised its stake in Western Asset Global High Income Fund by 28.0% in the 2nd quarter. Osaic Holdings Inc. now owns 103,019 shares of the company’s stock valued at $674,000 after purchasing an additional 22,524 shares during the last quarter.

Western Asset Global High Income Fund Stock Up 0.3%

Western Asset Global High Income Fund stock opened at $5.96 on Friday. The company has a fifty day simple moving average of $6.05 and a 200-day simple moving average of $6.24. Western Asset Global High Income Fund Inc. has a 52-week low of $5.80 and a 52-week high of $6.70.

Western Asset Global High Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 24th will be issued a dividend of $0.07 per share. This represents a c) annualized dividend and a dividend yield of 14.1%. The ex-dividend date is Monday, August 24th.

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.