Western Asset Global High Income Fnd Inc (NYSE:EHI) major shareholder Saba Capital Management, L.P. bought 52,292 shares of Western Asset Global High Income Fnd stock in a transaction dated Tuesday, May 21st. The stock was purchased at an average price of $9.75 per share, with a total value of $509,847.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

  • On Thursday, May 16th, Saba Capital Management, L.P. bought 69,269 shares of Western Asset Global High Income Fnd stock. The stock was purchased at an average price of $9.69 per share, with a total value of $671,216.61.
  • On Tuesday, May 14th, Saba Capital Management, L.P. bought 16,263 shares of Western Asset Global High Income Fnd stock. The stock was purchased at an average price of $9.68 per share, with a total value of $157,425.84.
  • On Wednesday, May 8th, Saba Capital Management, L.P. bought 21,633 shares of Western Asset Global High Income Fnd stock. The stock was purchased at an average price of $9.71 per share, with a total value of $210,056.43.
  • On Monday, May 6th, Saba Capital Management, L.P. bought 16,849 shares of Western Asset Global High Income Fnd stock. The stock was purchased at an average price of $9.71 per share, with a total value of $163,603.79.
  • On Thursday, May 2nd, Saba Capital Management, L.P. bought 6,823 shares of Western Asset Global High Income Fnd stock. The stock was purchased at an average price of $9.72 per share, with a total value of $66,319.56.
  • On Tuesday, April 30th, Saba Capital Management, L.P. bought 23,173 shares of Western Asset Global High Income Fnd stock. The stock was purchased at an average price of $9.69 per share, with a total value of $224,546.37.
  • On Friday, April 26th, Saba Capital Management, L.P. bought 7,767 shares of Western Asset Global High Income Fnd stock. The stock was purchased at an average price of $9.69 per share, with a total value of $75,262.23.
  • On Monday, April 22nd, Saba Capital Management, L.P. bought 34,404 shares of Western Asset Global High Income Fnd stock. The stock was purchased at an average price of $9.63 per share, with a total value of $331,310.52.
  • On Wednesday, April 17th, Saba Capital Management, L.P. bought 20,393 shares of Western Asset Global High Income Fnd stock. The stock was purchased at an average price of $9.61 per share, with a total value of $195,976.73.
  • On Monday, April 15th, Saba Capital Management, L.P. bought 44,561 shares of Western Asset Global High Income Fnd stock. The stock was purchased at an average price of $9.66 per share, with a total value of $430,459.26.

Shares of EHI traded up $0.05 during trading hours on Friday, hitting $9.75. The stock had a trading volume of 1,416 shares, compared to its average volume of 143,641. Western Asset Global High Income Fnd Inc has a 1-year low of $7.99 and a 1-year high of $9.80.

The company also recently announced a monthly dividend, which will be paid on Thursday, August 1st. Stockholders of record on Friday, July 19th will be paid a $0.063 dividend. The ex-dividend date is Thursday, July 18th. This represents a $0.76 annualized dividend and a dividend yield of 7.75%.

Several institutional investors and hedge funds have recently modified their holdings of the company. Rivernorth Capital Management LLC grew its stake in shares of Western Asset Global High Income Fnd by 44.3% in the 1st quarter. Rivernorth Capital Management LLC now owns 3,746,649 shares of the company’s stock valued at $35,181,000 after buying an additional 1,150,598 shares during the period. Sit Investment Associates Inc. boosted its stake in Western Asset Global High Income Fnd by 257.6% during the 1st quarter. Sit Investment Associates Inc. now owns 719,763 shares of the company’s stock valued at $6,759,000 after purchasing an additional 518,486 shares during the last quarter. Fiera Capital Corp boosted its stake in Western Asset Global High Income Fnd by 55.6% during the 4th quarter. Fiera Capital Corp now owns 154,885 shares of the company’s stock valued at $1,281,000 after purchasing an additional 55,355 shares during the last quarter. LPL Financial LLC boosted its stake in Western Asset Global High Income Fnd by 7.4% during the 4th quarter. LPL Financial LLC now owns 132,376 shares of the company’s stock valued at $1,095,000 after purchasing an additional 9,117 shares during the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. boosted its stake in Western Asset Global High Income Fnd by 18.1% during the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 57,448 shares of the company’s stock valued at $540,000 after purchasing an additional 8,822 shares during the last quarter.

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About Western Asset Global High Income Fnd

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.

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Insider Buying and Selling by Quarter for Western Asset Global High Income Fnd (NYSE:EHI)

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