Saba Capital Management, L.P. Acquires 49,220 Shares of Western Asset Global High Income Fnd Inc (EHI) Stock

Western Asset Global High Income Fnd Inc (NYSE:EHI) major shareholder Saba Capital Management, L.P. bought 49,220 shares of the firm’s stock in a transaction on Friday, February 8th. The stock was acquired at an average price of $9.25 per share, for a total transaction of $455,285.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

  • On Tuesday, February 5th, Saba Capital Management, L.P. bought 218,250 shares of Western Asset Global High Income Fnd stock. The stock was bought at an average price of $9.25 per share, for a total transaction of $2,018,812.50.
  • On Friday, February 1st, Saba Capital Management, L.P. purchased 29,328 shares of Western Asset Global High Income Fnd stock. The stock was acquired at an average cost of $9.12 per share, for a total transaction of $267,471.36.
  • On Tuesday, January 29th, Saba Capital Management, L.P. bought 45,274 shares of Western Asset Global High Income Fnd stock. The shares were purchased at an average cost of $9.19 per share, for a total transaction of $416,068.06.
  • On Thursday, January 24th, Saba Capital Management, L.P. purchased 11,200 shares of Western Asset Global High Income Fnd stock. The stock was bought at an average cost of $9.08 per share, with a total value of $101,696.00.
  • On Tuesday, January 22nd, Saba Capital Management, L.P. acquired 52,936 shares of Western Asset Global High Income Fnd stock. The stock was acquired at an average price of $9.05 per share, with a total value of $479,070.80.
  • On Wednesday, January 16th, Saba Capital Management, L.P. purchased 429,563 shares of Western Asset Global High Income Fnd stock. The shares were purchased at an average price of $9.08 per share, with a total value of $3,900,432.04.
  • On Friday, January 11th, Saba Capital Management, L.P. acquired 446,171 shares of Western Asset Global High Income Fnd stock. The shares were bought at an average cost of $9.02 per share, for a total transaction of $4,024,462.42.
  • On Wednesday, January 9th, Saba Capital Management, L.P. acquired 79,430 shares of Western Asset Global High Income Fnd stock. The shares were purchased at an average cost of $8.95 per share, for a total transaction of $710,898.50.
  • On Thursday, January 3rd, Saba Capital Management, L.P. purchased 185,213 shares of Western Asset Global High Income Fnd stock. The shares were bought at an average price of $8.44 per share, for a total transaction of $1,563,197.72.

Shares of EHI stock opened at $9.25 on Tuesday. Western Asset Global High Income Fnd Inc has a fifty-two week low of $7.99 and a fifty-two week high of $9.74.

Large investors have recently made changes to their positions in the business. We Are One Seven LLC bought a new stake in shares of Western Asset Global High Income Fnd in the fourth quarter worth $34,000. Raymond James Financial Services Advisors Inc. bought a new position in shares of Western Asset Global High Income Fnd in the fourth quarter worth about $124,000. Envestnet Asset Management Inc. purchased a new stake in shares of Western Asset Global High Income Fnd in the third quarter worth about $212,000. CWM LLC purchased a new stake in Western Asset Global High Income Fnd during the fourth quarter valued at approximately $358,000. Finally, LPL Financial LLC raised its position in Western Asset Global High Income Fnd by 7.4% during the fourth quarter. LPL Financial LLC now owns 132,376 shares of the company’s stock valued at $1,095,000 after purchasing an additional 9,117 shares during the period.

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About Western Asset Global High Income Fnd

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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