Nuveen Global High Income Fund (NYSE:JGH – Get Free Report) announced a monthly dividend on Monday, August 3rd. Stockholders of record on Friday, August 14th will be paid a dividend of 0.1035 per share on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 9.9%. The ex-dividend date is Friday, August 14th.
Nuveen Global High Income Fund Stock Performance
NYSE JGH opened at $12.57 on Tuesday. The company has a 50-day simple moving average of $12.64 and a two-hundred day simple moving average of $12.65. Nuveen Global High Income Fund has a 12-month low of $11.80 and a 12-month high of $13.70.
Hedge Funds Weigh In On Nuveen Global High Income Fund
Hedge funds have recently modified their holdings of the company. International Assets Investment Management LLC bought a new stake in Nuveen Global High Income Fund in the fourth quarter valued at $30,000. Kestra Advisory Services LLC purchased a new stake in shares of Nuveen Global High Income Fund in the fourth quarter worth $34,000. Comerica Bank increased its stake in Nuveen Global High Income Fund by 38.2% during the 3rd quarter. Comerica Bank now owns 7,137 shares of the company’s stock valued at $96,000 after purchasing an additional 1,974 shares in the last quarter. Fifth Third Bancorp bought a new stake in shares of Nuveen Global High Income Fund during the first quarter valued at approximately $99,000. Finally, Closed End Fund Advisors Inc. bought a new position in shares of Nuveen Global High Income Fund during the fourth quarter valued at $148,000.
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.
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