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

Nuveen Global High Income Fund (NYSE:JGH) declared a monthly dividend on Monday, March 2nd. Shareholders of record on Friday, March 13th will be given a dividend of 0.1035 per share on Wednesday, April 1st. This represents a c) annualized dividend and a yield of 9.9%. The ex-dividend date is Friday, March 13th.

Nuveen Global High Income Fund Stock Performance

Nuveen Global High Income Fund stock traded down $0.02 during trading hours on Wednesday, reaching $12.58. The stock had a trading volume of 37,290 shares, compared to its average volume of 112,793. The business’s 50 day moving average price is $12.79 and its 200-day moving average price is $12.92. Nuveen Global High Income Fund has a 52 week low of $10.51 and a 52 week high of $13.70.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Sit Investment Associates Inc. grew its stake in shares of Nuveen Global High Income Fund by 4,079.2% during the fourth quarter. Sit Investment Associates Inc. now owns 2,903,697 shares of the company’s stock worth $36,616,000 after acquiring an additional 2,834,217 shares during the last quarter. Yakira Capital Management Inc. purchased a new position in shares of Nuveen Global High Income Fund in the 4th quarter valued at approximately $9,004,000. Absolute Investment Advisers LLC acquired a new stake in Nuveen Global High Income Fund in the 4th quarter worth approximately $3,144,000. Balyasny Asset Management L.P. purchased a new stake in Nuveen Global High Income Fund during the 4th quarter worth approximately $1,665,000. Finally, Readystate Asset Management LP acquired a new position in Nuveen Global High Income Fund during the 4th quarter valued at approximately $1,192,000.

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.