Western Asset Global High Income Fund Inc. (EHI) to Issue Monthly Dividend of $0.07 on November 1st

Western Asset Global High Income Fund Inc. (NYSE:EHI – Get Rating) announced a monthly dividend on Thursday, August 4th, Wall Street Journal reports. Investors of record on Monday, October 24th will be paid a dividend of 0.067 per share on Tuesday, November 1st. This represents a $0.80 dividend on an annualized basis and a yield of 10.51%. The ex-dividend date is Friday, October 21st.

Western Asset Global High Income Fund Stock Performance

Shares of NYSE:EHI opened at $7.65 on Friday. Western Asset Global High Income Fund has a 52 week low of $6.93 and a 52 week high of $10.57. The company has a 50-day moving average price of $7.37 and a 200 day moving average price of $8.02.

Institutional Investors Weigh In On Western Asset Global High Income Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Lumature Wealth Partners LLC purchased a new position in shares of Western Asset Global High Income Fund during the 1st quarter worth approximately $263,000. Guggenheim Capital LLC increased its stake in shares of Western Asset Global High Income Fund by 32.0% during the 1st quarter. Guggenheim Capital LLC now owns 125,601 shares of the company’s stock worth $1,063,000 after purchasing an additional 30,462 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of Western Asset Global High Income Fund by 8.5% during the 1st quarter. NewEdge Advisors LLC now owns 156,320 shares of the company’s stock worth $1,324,000 after purchasing an additional 12,274 shares in the last quarter. Raymond James & Associates purchased a new position in shares of Western Asset Global High Income Fund during the 1st quarter worth approximately $104,000. Finally, Envestnet Asset Management Inc. increased its stake in shares of Western Asset Global High Income Fund by 60.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 26,228 shares of the company’s stock worth $222,000 after purchasing an additional 9,910 shares in the last quarter.

Western Asset Global High Income Fund Company Profile

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Western Asset Global High Income Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe.