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

Western Asset Global High Income Fund Inc. (NYSE:EHI) announced a monthly dividend on Wednesday, August 2nd, NASDAQ reports. Investors of record on Friday, September 22nd will be given a dividend of 0.067 per share on Monday, October 2nd. This represents a $0.80 dividend on an annualized basis and a yield of 11.39%. The ex-dividend date is Thursday, September 21st.

Western Asset Global High Income Fund Stock Down 0.6 %

Shares of Western Asset Global High Income Fund stock traded down $0.04 on Tuesday, hitting $7.06. The company had a trading volume of 1,135 shares, compared to its average volume of 50,614. The stock has a 50-day moving average of $7.23 and a 200-day moving average of $7.15. Western Asset Global High Income Fund has a twelve month low of $6.33 and a twelve month high of $7.90.

Hedge Funds Weigh In On Western Asset Global High Income Fund

Large investors have recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC lifted its holdings in shares of Western Asset Global High Income Fund by 66.0% in the third quarter. Commonwealth Equity Services LLC now owns 250,862 shares of the company’s stock valued at $1,645,000 after purchasing an additional 99,781 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in Western Asset Global High Income Fund by 41.6% in the 1st quarter. Ameriprise Financial Inc. now owns 208,381 shares of the company’s stock valued at $1,450,000 after acquiring an additional 61,226 shares in the last quarter. Lumature Wealth Partners LLC acquired a new position in Western Asset Global High Income Fund during the 1st quarter worth approximately $263,000. Guggenheim Capital LLC grew 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 acquiring an additional 30,462 shares in the last quarter. Finally, Osaic Holdings Inc. grew its stake in shares of Western Asset Global High Income Fund by 42.2% during the 2nd quarter. Osaic Holdings Inc. now owns 87,219 shares of the company’s stock worth $627,000 after acquiring an additional 25,889 shares in the last quarter.

Western Asset Global High Income Fund 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.