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

Western Asset Global High Income Fund Inc. (NYSE:EHI – Get Rating) declared a monthly dividend on Friday, August 5th, Wall Street Journal reports. Stockholders of record on Tuesday, November 22nd will be paid a dividend of 0.067 per share on Thursday, December 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 10.54%. The ex-dividend date is Monday, November 21st.

Western Asset Global High Income Fund Stock Performance

Shares of EHI traded down $0.02 during midday trading on Friday, reaching $7.63. The stock had a trading volume of 821 shares, compared to its average volume of 46,459. The firm has a 50 day simple moving average of $7.37 and a 200-day simple moving average of $8.03. Western Asset Global High Income Fund has a one year low of $6.93 and a one year high of $10.57.

Institutional Trading of Western Asset Global High Income Fund

A number of hedge funds have recently modified their holdings of EHI. Envestnet Asset Management Inc. lifted 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 buying an additional 9,910 shares during the last quarter. Advisor Group Holdings Inc. lifted its stake in shares of Western Asset Global High Income Fund by 20.6% during the 1st quarter. Advisor Group Holdings Inc. now owns 38,407 shares of the company’s stock worth $325,000 after buying an additional 6,558 shares during the last quarter. Raymond James & Associates acquired a new stake in shares of Western Asset Global High Income Fund during the 1st quarter worth about $104,000. NewEdge Advisors LLC lifted 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 buying an additional 12,274 shares during the last quarter. Finally, Lumature Wealth Partners LLC acquired a new stake in shares of Western Asset Global High Income Fund during the 1st quarter worth about $263,000.

About Western Asset Global High Income Fund

(Get Rating)

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.