Western Asset Global High Income Fund Inc. $EHI Stock: Shaker Financial Services LLC Lowers Position

Shaker Financial Services LLC decreased its stake in shares of Western Asset Global High Income Fund Inc. (NYSE:EHI) by 50.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 263,590 shares of the company’s stock after selling 264,314 shares during the period. Shaker Financial Services LLC’s holdings in Western Asset Global High Income Fund were worth $1,437,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Readystate Asset Management LP purchased a new stake in shares of Western Asset Global High Income Fund during the 2nd quarter valued at $315,000. World Investment Advisors purchased a new position in shares of Western Asset Global High Income Fund in the 4th quarter worth $187,000. Bank of America Corp DE acquired a new position in Western Asset Global High Income Fund in the second quarter valued at $77,000. Allspring Global Investments Holdings LLC acquired a new position in Western Asset Global High Income Fund in the first quarter valued at $72,000. Finally, Ashton Thomas Securities LLC purchased a new stake in Western Asset Global High Income Fund during the first quarter valued at about $65,000.

Western Asset Global High Income Fund Price Performance

EHI stock traded down $0.07 during trading on Wednesday, reaching $5.33. 83,793 shares of the stock traded hands, compared to its average volume of 109,903. The business’s 50 day moving average price is $5.63 and its 200-day moving average price is $5.86. Western Asset Global High Income Fund Inc. has a 52-week low of $5.30 and a 52-week high of $6.55.

Western Asset Global High Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, November 30th. Stockholders of record on Friday, November 20th will be issued a dividend of $0.07 per share. The ex-dividend date is Friday, November 20th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 15.8%.

Western Asset Global High Income Fund Company Profile

Western Asset Global High Income Fund Inc is a closed-end investment company listed on the New York Stock Exchange under the symbol EHI. The fund seeks to provide a high level of current income, with capital appreciation as a secondary objective, by investing primarily in fixed-income securities issued by companies and governments around the world.

The fund’s portfolio may include below-investment-grade corporate bonds, emerging-market debt, sovereign and government-related securities, bank loans, and other income-producing instruments.