Nuveen Global High Income Fund (NYSE:JGH) Declares Monthly Dividend of $0.10

Nuveen Global High Income Fund (NYSE:JGH) declared a monthly dividend on Tuesday, September 1st. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.1035 per share on Thursday, October 1st. This represents a c) dividend on an annualized basis and a yield of 10.0%. The ex-dividend date of this dividend is Tuesday, September 15th.

Nuveen Global High Income Fund Price Performance

Nuveen Global High Income Fund stock opened at $12.43 on Wednesday. Nuveen Global High Income Fund has a fifty-two week low of $11.80 and a fifty-two week high of $13.70. The stock has a 50-day simple moving average of $12.54 and a 200-day simple moving average of $12.59.

Hedge Funds Weigh In On Nuveen Global High Income Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Invesco Ltd. lifted its position in Nuveen Global High Income Fund by 9.4% during the second quarter. Invesco Ltd. now owns 463,597 shares of the company’s stock valued at $5,994,000 after purchasing an additional 39,824 shares during the last quarter. Raymond James Financial Inc. grew its position in Nuveen Global High Income Fund by 8.7% during the second quarter. Raymond James Financial Inc. now owns 170,447 shares of the company’s stock worth $2,204,000 after buying an additional 13,595 shares during the period. Osaic Holdings Inc. boosted its holdings in shares of Nuveen Global High Income Fund by 4.4% during the second quarter. Osaic Holdings Inc. now owns 33,131 shares of the company’s stock valued at $428,000 after acquiring an additional 1,388 shares during the period. Comerica Bank lifted its stake in Nuveen Global High Income Fund by 38.2% during the third quarter. Comerica Bank now owns 7,137 shares of the company’s stock valued at $96,000 after purchasing an additional 1,974 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of Nuveen Global High Income Fund by 22.0% in the third quarter. Ameriprise Financial Inc. now owns 19,375 shares of the company’s stock worth $262,000 after acquiring an additional 3,497 shares during the last quarter.

Nuveen Global High Income Fund Company Profile

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.