Nuveen Global High Income Fund (NYSE:JGH) hit a new 52-week low on Friday . The company traded as low as $14.04 and last traded at $14.07, with a volume of 665 shares changing hands. The stock had previously closed at $14.14.

The firm also recently announced a monthly dividend, which will be paid on Monday, December 31st. Shareholders of record on Friday, December 14th will be issued a $0.107 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 9.15%. The ex-dividend date is Thursday, December 13th.

Several hedge funds have recently modified their holdings of the business. LPL Financial LLC acquired a new stake in shares of Nuveen Global High Income Fund in the 3rd quarter valued at $183,000. McGowan Group Asset Management Inc. lifted its stake in shares of Nuveen Global High Income Fund by 2.1% in the 3rd quarter. McGowan Group Asset Management Inc. now owns 1,145,414 shares of the company’s stock valued at $17,857,000 after acquiring an additional 23,167 shares during the last quarter. Patriot Financial Group Insurance Agency LLC lifted its stake in shares of Nuveen Global High Income Fund by 99.7% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 8,186 shares of the company’s stock valued at $128,000 after acquiring an additional 4,086 shares during the last quarter. Cornerstone Wealth Management LLC bought a new position in shares of Nuveen Global High Income Fund in the 3rd quarter valued at $1,460,000. Finally, Summit X LLC lifted its stake in shares of Nuveen Global High Income Fund by 24.5% in the 2nd quarter. Summit X LLC now owns 17,611 shares of the company’s stock valued at $274,000 after acquiring an additional 3,464 shares during the last quarter.

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About Nuveen Global High Income Fund (NYSE:JGH)

Nuveen Global High Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in fixed income markets across the globe. The fund primarily invests in U.S. high-yield bonds, non-U.S.

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