Nuveen Global High Income Fund (NYSE:JGH) Shareholders to Receive $0.10 Monthly Dividend

Nuveen Global High Income Fund (NYSE:JGH) announced a monthly dividend on Thursday, October 1st. Stockholders of record on Thursday, October 15th will be paid a dividend of $0.1035 per share on Monday, November 2nd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 10.7%. The ex-dividend date is Thursday, October 15th.

Nuveen Global High Income Fund Stock Down 1.3%

Shares of JGH opened at $11.59 on Friday. Nuveen Global High Income Fund has a 12 month low of $11.38 and a 12 month high of $13.70. The stock’s 50-day moving average price is $12.28 and its two-hundred day moving average price is $12.48.

Institutional Trading of Nuveen Global High Income Fund

Several large investors have recently bought and sold shares of JGH. Sit Investment Associates Inc. grew its stake in shares of Nuveen Global High Income Fund by 4,079.2% in the fourth quarter. Sit Investment Associates Inc. now owns 2,903,697 shares of the company’s stock worth $36,616,000 after purchasing an additional 2,834,217 shares in the last quarter. Yakira Capital Management Inc. purchased a new position in shares of Nuveen Global High Income Fund in the fourth quarter worth approximately $9,004,000. Independent Wealth Network Inc. grew its position in shares of Nuveen Global High Income Fund by 33.6% during the 1st quarter. Independent Wealth Network Inc. now owns 30,188 shares of the company’s stock worth $369,000 after buying an additional 7,592 shares in the last quarter. Calamos Advisors LLC increased its stake in Nuveen Global High Income Fund by 13.5% in the first quarter. Calamos Advisors LLC now owns 28,104 shares of the company’s stock valued at $343,000 after purchasing an additional 3,345 shares during the last quarter. Finally, Gould Asset Management LLC CA grew its stake in shares of Nuveen Global High Income Fund by 11.2% in the first quarter. Gould Asset Management LLC CA now owns 24,621 shares of the company’s stock worth $301,000 after purchasing an additional 2,480 shares in the last quarter.

Nuveen Global High Income Fund Company Profile

Nuveen Global High Income Fund is a closed-end investment company listed on the New York Stock Exchange under the symbol JGH. The fund seeks to provide a high level of current income, with capital appreciation as a secondary objective, by investing primarily in income-producing debt securities.

The portfolio may include below-investment-grade corporate bonds, government and sovereign debt, emerging-market securities, bank loans and other fixed-income instruments. Investments can be denominated in U.S.