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

Western Asset Global High Income Fund Inc. (NYSE:EHI) declared a monthly dividend on Wednesday, August 2nd, NASDAQ reports. Investors of record on Friday, September 22nd will be paid 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 of this dividend is Thursday, September 21st.

Western Asset Global High Income Fund Stock Down 0.6 %

Shares of EHI stock opened at $7.06 on Tuesday. Western Asset Global High Income Fund has a 1 year low of $6.33 and a 1 year high of $7.90. The firm’s fifty day simple moving average is $7.23 and its 200 day simple moving average is $7.15.

Institutional Investors Weigh In On Western Asset Global High Income Fund

Several institutional investors and hedge funds have recently bought and sold shares of EHI. Commonwealth Equity Services LLC increased its holdings in Western Asset Global High Income Fund by 66.0% in the 3rd quarter. Commonwealth Equity Services LLC now owns 250,862 shares of the company’s stock valued at $1,645,000 after buying an additional 99,781 shares during the period. Ameriprise Financial Inc. increased its holdings 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 buying an additional 61,226 shares during the period. Lumature Wealth Partners LLC bought a new stake in Western Asset Global High Income Fund in the 1st quarter valued at $263,000. Guggenheim Capital LLC increased its holdings in Western Asset Global High Income Fund by 32.0% in the 1st quarter. Guggenheim Capital LLC now owns 125,601 shares of the company’s stock valued at $1,063,000 after buying an additional 30,462 shares during the period. Finally, Osaic Holdings Inc. increased its holdings in Western Asset Global High Income Fund by 42.2% in the 2nd quarter. Osaic Holdings Inc. now owns 87,219 shares of the company’s stock valued at $627,000 after buying an additional 25,889 shares during the period.

About Western Asset Global High Income Fund

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.