Western Asset Global High Income Fund Inc. (NYSE:EHI – Get Free Report)’s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $5.94 and traded as low as $5.75. Western Asset Global High Income Fund shares last traded at $5.7810, with a volume of 140,940 shares.
Western Asset Global High Income Fund Price Performance
The stock has a 50 day moving average of $5.94 and a 200 day moving average of $6.13.
Western Asset Global High Income Fund Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 24th will be given a dividend of $0.07 per share. The ex-dividend date is Monday, August 24th. This represents a c) annualized dividend and a dividend yield of 14.5%.
Hedge Funds Weigh In On Western Asset Global High Income Fund
Western Asset Global High Income Fund Company Profile
Western Asset Global High Income Fund (NYSE: EHI) is a diversified, closed-end management investment company that seeks to provide high current income by investing primarily in a broad range of high-yield and emerging-market debt securities. The fund’s portfolio typically includes corporate and sovereign bonds, bank loans, convertible securities and other credit instruments denominated in U.S. dollars and foreign currencies. By accessing global credit markets, EHI aims to capture attractive yield opportunities across developed and developing economies.
Launched in the late 2000s, the fund employs both fundamental credit analysis and top-down macroeconomic research to construct a portfolio that balances income generation with risk management.
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