Noble Wealth Management PBC Reduces Stock Holdings in Western Asset Global High Income Fund Inc. (NYSE:EHI)

Noble Wealth Management PBC reduced its position in Western Asset Global High Income Fund Inc. (NYSE:EHI) by 73.2% in the 1st quarter, HoldingsChannel.com reports. The firm owned 6,587 shares of the company’s stock after selling 18,000 shares during the quarter. Noble Wealth Management PBC’s holdings in Western Asset Global High Income Fund were worth $44,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of EHI. Total Wealth Planning & Management Inc. acquired a new position in Western Asset Global High Income Fund in the 4th quarter valued at $86,000. Envestnet Asset Management Inc. acquired a new stake in shares of Western Asset Global High Income Fund during the 4th quarter worth approximately $94,000. Apollon Wealth Management LLC purchased a new stake in Western Asset Global High Income Fund in the fourth quarter valued at $132,000. Arete Wealth Advisors LLC acquired a new stake in shares of Western Asset Global High Income Fund during the fourth quarter valued at about $138,000. Finally, Robinson Capital Management LLC acquired a new stake in Western Asset Global High Income Fund in the 4th quarter valued at approximately $578,000.

Western Asset Global High Income Fund Trading Up 0.3%

Shares of NYSE:EHI opened at $6.46 on Friday. Western Asset Global High Income Fund Inc. has a 1 year low of $6.11 and a 1 year high of $7.35. The firm’s 50-day moving average is $6.37 and its two-hundred day moving average is $6.59.

Western Asset Global High Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Friday, August 22nd will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Friday, August 22nd. This represents a $0.84 annualized dividend and a dividend yield of 13.00%.

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.