Shaker Financial Services LLC Lowers Holdings in Western Asset Global High Income Fnd Inc (EHI)

Shaker Financial Services LLC lessened its position in shares of Western Asset Global High Income Fnd Inc (NYSE:EHI) by 4.1% in the third quarter, HoldingsChannel reports. The firm owned 276,012 shares of the company’s stock after selling 11,793 shares during the period. Western Asset Global High Income Fnd makes up about 1.2% of Shaker Financial Services LLC’s investment portfolio, making the stock its 23rd largest position. Shaker Financial Services LLC’s holdings in Western Asset Global High Income Fnd were worth $2,514,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Wells Fargo & Company MN lifted its stake in Western Asset Global High Income Fnd by 11.1% in the 3rd quarter. Wells Fargo & Company MN now owns 345,446 shares of the company’s stock valued at $3,147,000 after purchasing an additional 34,385 shares during the last quarter. Saba Capital Management L.P. lifted its stake in Western Asset Global High Income Fnd by 75.2% in the 2nd quarter. Saba Capital Management L.P. now owns 2,154,522 shares of the company’s stock valued at $19,649,000 after purchasing an additional 924,640 shares during the last quarter. Vident Investment Advisory LLC lifted its stake in Western Asset Global High Income Fnd by 2.9% in the 2nd quarter. Vident Investment Advisory LLC now owns 700,154 shares of the company’s stock valued at $6,385,000 after purchasing an additional 19,908 shares during the last quarter. Citadel Advisors LLC lifted its stake in Western Asset Global High Income Fnd by 36.0% in the 2nd quarter. Citadel Advisors LLC now owns 30,288 shares of the company’s stock valued at $276,000 after purchasing an additional 8,024 shares during the last quarter. Finally, Oppenheimer & Co. Inc. acquired a new stake in Western Asset Global High Income Fnd in the 2nd quarter valued at about $102,000.

NYSE:EHI traded down $0.02 during mid-day trading on Friday, hitting $8.55. The stock had a trading volume of 93,648 shares, compared to its average volume of 132,127. Western Asset Global High Income Fnd Inc has a twelve month low of $8.55 and a twelve month high of $10.40.

The company also recently announced a monthly dividend, which will be paid on Friday, March 1st. Investors of record on Friday, February 15th will be paid a $0.061 dividend. The ex-dividend date of this dividend is Thursday, February 14th. This represents a $0.73 annualized dividend and a yield of 8.56%.

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Western Asset Global High Income Fnd Company Profile

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.

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Want to see what other hedge funds are holding EHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Western Asset Global High Income Fnd Inc (NYSE:EHI).

Institutional Ownership by Quarter for Western Asset Global High Income Fnd (NYSE:EHI)

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