Nuveen Global High Income Fund (NYSE:JGH) Short Interest Update

Nuveen Global High Income Fund (NYSE:JGH) was the recipient of a large decrease in short interest in December. As of December 31st, there was short interest totaling 7,527 shares, a decrease of 88.4% from the December 15th total of 64,972 shares. Based on an average daily trading volume, of 119,473 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 119,473 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Advisors Asset Management Inc. bought a new position in Nuveen Global High Income Fund in the 3rd quarter worth about $895,000. Gould Asset Management LLC CA raised its stake in shares of Nuveen Global High Income Fund by 4.4% during the third quarter. Gould Asset Management LLC CA now owns 22,141 shares of the company’s stock valued at $299,000 after acquiring an additional 940 shares in the last quarter. Calamos Advisors LLC boosted its holdings in shares of Nuveen Global High Income Fund by 21.7% in the third quarter. Calamos Advisors LLC now owns 15,286 shares of the company’s stock valued at $207,000 after purchasing an additional 2,730 shares during the period. Independent Wealth Network Inc. grew its stake in Nuveen Global High Income Fund by 8.9% in the third quarter. Independent Wealth Network Inc. now owns 21,158 shares of the company’s stock worth $286,000 after purchasing an additional 1,724 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. purchased a new position in Nuveen Global High Income Fund during the 2nd quarter worth $78,000.

Nuveen Global High Income Fund Trading Down 0.1%

JGH traded down $0.01 on Tuesday, hitting $12.86. The company had a trading volume of 203,142 shares, compared to its average volume of 135,868. The business’s fifty day simple moving average is $12.58 and its 200 day simple moving average is $13.03. Nuveen Global High Income Fund has a 12-month low of $10.51 and a 12-month high of $13.70.

Nuveen Global High Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Thursday, January 15th will be given a dividend of $0.1035 per share. The ex-dividend date of this dividend is Thursday, January 15th. This represents a c) annualized dividend and a dividend yield of 9.7%.

About Nuveen Global High Income Fund

Nuveen Global High Income Fund (NYSE: JGH) is a closed-end investment company that seeks to provide high current income by investing primarily in high-yield debt securities issued by non-U.S. corporations. Established in 2007 and managed by Nuveen Asset Management, the fund offers investors exposure to global credit markets with a focus on higher-yielding instruments. The fund’s strategy aims to balance income generation with diversification across various sectors and geographies outside of the United States.

The fund’s portfolio typically includes a mix of high-yield corporate bonds, bank loans and, from time to time, convertible securities.