Western Asset Global High Income Fund Inc. (NYSE:EHI – Get Free Report) shares passed below its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $5.55 and traded as low as $5.29. Western Asset Global High Income Fund shares last traded at $5.3050, with a volume of 106,404 shares.
Western Asset Global High Income Fund Price Performance
The business has a 50-day moving average of $5.55 and a 200-day moving average of $5.83.
Western Asset Global High Income Fund Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Monday, November 30th. Shareholders of record on Friday, November 20th will be paid a $0.07 dividend. The ex-dividend date is Friday, November 20th. This represents a $0.84 dividend on an annualized basis and a yield of 15.8%.
Institutional Investors Weigh In On Western Asset Global High Income Fund
Large investors have recently modified their holdings of the company. Readystate Asset Management LP acquired a new stake in Western Asset Global High Income Fund during the 2nd quarter worth $315,000. Ameritas Advisory Services LLC acquired a new position in Western Asset Global High Income Fund in the second quarter valued at $26,000. Bank of America Corp DE purchased a new stake in shares of Western Asset Global High Income Fund in the second quarter valued at about $77,000. CoreCap Advisors LLC purchased a new stake in shares of Western Asset Global High Income Fund in the second quarter valued at about $48,000. Finally, Ashton Thomas Securities LLC acquired a new stake in shares of Western Asset Global High Income Fund during the first quarter worth about $65,000.
About Western Asset Global High Income Fund
Western Asset Global High Income Fund Inc is a closed-end investment company listed on the New York Stock Exchange under the symbol EHI. The fund seeks to provide a high level of current income, with capital appreciation as a secondary objective, by investing primarily in fixed-income securities issued by companies and governments around the world.
The fund’s portfolio may include below-investment-grade corporate bonds, emerging-market debt, sovereign and government-related securities, bank loans, and other income-producing instruments.
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