Nuveen Global High Income Fund (NYSE:JGH) Stock Price Up 0.3% – Should You Buy?

Nuveen Global High Income Fund (NYSE:JGH)’s stock price was up 0.3% during trading on Friday . The stock traded as high as $13.19 and last traded at $13.16. Approximately 46,871 shares changed hands during mid-day trading, a decline of 0% from the average daily volume of 46,931 shares. The stock had previously closed at $13.12.

Nuveen Global High Income Fund Stock Up 0.3 %

The company’s fifty day moving average price is $13.04 and its two-hundred day moving average price is $12.97.

Nuveen Global High Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Wednesday, January 15th will be issued a dividend of $0.1035 per share. This represents a $1.24 annualized dividend and a dividend yield of 9.44%. The ex-dividend date of this dividend is Wednesday, January 15th.

Institutional Investors Weigh In On Nuveen Global High Income Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Avior Wealth Management LLC raised its position in shares of Nuveen Global High Income Fund by 76.0% during the third quarter. Avior Wealth Management LLC now owns 2,279 shares of the company’s stock worth $30,000 after acquiring an additional 984 shares during the last quarter. Future Financial Wealth Managment LLC acquired a new stake in Nuveen Global High Income Fund in the third quarter worth about $47,000. International Assets Investment Management LLC raised its holdings in Nuveen Global High Income Fund by 1,238.0% during the 3rd quarter. International Assets Investment Management LLC now owns 12,082 shares of the company’s stock worth $162,000 after purchasing an additional 11,179 shares during the last quarter. Calamos Advisors LLC lifted its position in Nuveen Global High Income Fund by 23.8% during the 4th quarter. Calamos Advisors LLC now owns 14,194 shares of the company’s stock valued at $182,000 after purchasing an additional 2,730 shares during the period. Finally, Blake Schutter Theil Wealth Advisors LLC bought a new position in shares of Nuveen Global High Income Fund in the 3rd quarter valued at about $214,000.

Nuveen Global High Income Fund Company Profile

Nuveen Global High Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in fixed income markets across the globe. The fund primarily invests in U.S. high-yield bonds, non-U.S.