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

Nuveen Global High Income Fund (NYSE:JGHGet Free Report) declared a monthly dividend on Wednesday, July 1st. Stockholders of record on Wednesday, July 15th will be paid a dividend of 0.1035 per share on Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 9.8%. The ex-dividend date is Wednesday, July 15th.

Nuveen Global High Income Fund Price Performance

Shares of JGH opened at $12.68 on Thursday. Nuveen Global High Income Fund has a one year low of $11.80 and a one year high of $13.70. The stock’s fifty day moving average is $12.70 and its 200-day moving average is $12.66.

Hedge Funds Weigh In On Nuveen Global High Income Fund

Several large investors have recently bought and sold shares of JGH. International Assets Investment Management LLC acquired a new stake in shares of Nuveen Global High Income Fund in the 4th quarter worth approximately $30,000. Kestra Advisory Services LLC acquired a new position in shares of Nuveen Global High Income Fund during the fourth quarter valued at approximately $34,000. Comerica Bank raised its holdings in Nuveen Global High Income Fund by 38.2% during the third quarter. Comerica Bank now owns 7,137 shares of the company’s stock worth $96,000 after purchasing an additional 1,974 shares in the last quarter. Fifth Third Bancorp bought a new stake in Nuveen Global High Income Fund during the first quarter worth approximately $99,000. Finally, Closed End Fund Advisors Inc. acquired a new stake in Nuveen Global High Income Fund in the fourth quarter worth approximately $148,000.

Nuveen Global High Income Fund Company Profile

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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.

Further Reading

Dividend History for Nuveen Global High Income Fund (NYSE:JGH)

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