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

Western Asset Global High Income Fund Inc. (NYSE:EHI) declared a monthly dividend on Wednesday, August 5th. Stockholders of record on Friday, November 20th will be given a dividend of 0.07 per share on Monday, November 30th. This represents a c) annualized dividend and a dividend yield of 14.4%. The ex-dividend date of this dividend is Friday, November 20th.

Western Asset Global High Income Fund Price Performance

EHI opened at $5.85 on Thursday. The stock’s 50-day moving average price is $5.93 and its 200 day moving average price is $6.12. Western Asset Global High Income Fund has a 12-month low of $5.75 and a 12-month high of $6.70.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Kestra Advisory Services LLC purchased a new position in Western Asset Global High Income Fund in the fourth quarter worth approximately $35,000. CoreCap Advisors LLC purchased a new position in Western Asset Global High Income Fund during the 2nd quarter worth approximately $48,000. Raymond James Financial Inc. acquired a new position in shares of Western Asset Global High Income Fund in the 2nd quarter valued at $53,000. Ashton Thomas Securities LLC purchased a new stake in shares of Western Asset Global High Income Fund in the first quarter valued at about $65,000. Finally, Allspring Global Investments Holdings LLC purchased a new stake in Western Asset Global High Income Fund during the 1st quarter valued at approximately $72,000.

Western Asset Global High Income Fund Company Profile

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.