Nuveen Global High Income Fund (NYSE:JGH) Trading Up 0.2%

Nuveen Global High Income Fund (NYSE:JGH)’s stock price was up 0.2% on Wednesday . The company traded as high as $16.33 and last traded at $16.20, approximately 67,400 shares changed hands during trading. An increase of 20% from the average daily volume of 56,298 shares. The stock had previously closed at $16.16.

The firm has a fifty day moving average price of $16.66 and a 200-day moving average price of $15.89.

The business also recently declared a monthly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 14th will be given a $0.102 dividend. This represents a $1.22 dividend on an annualized basis and a dividend yield of 7.56%. The ex-dividend date of this dividend is Thursday, February 13th.

Hedge funds have recently bought and sold shares of the stock. Carmichael Hill & Associates Inc. bought a new stake in Nuveen Global High Income Fund during the fourth quarter worth about $25,000. Clear Harbor Asset Management LLC bought a new position in Nuveen Global High Income Fund in the 4th quarter valued at about $61,000. Stifel Financial Corp increased its holdings in Nuveen Global High Income Fund by 5.4% in the 3rd quarter. Stifel Financial Corp now owns 19,128 shares of the company’s stock valued at $299,000 after buying an additional 974 shares during the period. Summit X LLC raised its position in shares of Nuveen Global High Income Fund by 18.5% in the 4th quarter. Summit X LLC now owns 111,956 shares of the company’s stock valued at $1,832,000 after buying an additional 17,498 shares in the last quarter. Finally, 6 Meridian raised its position in shares of Nuveen Global High Income Fund by 9.4% in the 4th quarter. 6 Meridian now owns 37,583 shares of the company’s stock valued at $616,000 after buying an additional 3,230 shares in the last quarter.

Nuveen Global High Income Fund Company Profile (NYSE:JGH)

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.

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