Total Wealth Planning & Management Inc. Grows Stake in Western Asset Global High Income Fund Inc. $EHI

Total Wealth Planning & Management Inc. lifted its position in Western Asset Global High Income Fund Inc. (NYSE:EHI) by 10.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 43,980 shares of the company’s stock after buying an additional 4,155 shares during the period. Total Wealth Planning & Management Inc.’s holdings in Western Asset Global High Income Fund were worth $288,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Elequin Capital LP purchased a new position in shares of Western Asset Global High Income Fund in the 1st quarter worth $50,000. J.W. Cole Advisors Inc. raised its holdings in Western Asset Global High Income Fund by 33.8% in the 1st quarter. J.W. Cole Advisors Inc. now owns 230,998 shares of the company’s stock worth $1,527,000 after purchasing an additional 58,390 shares during the period. Shaker Financial Services LLC raised its holdings in Western Asset Global High Income Fund by 1,138.7% in the 1st quarter. Shaker Financial Services LLC now owns 256,935 shares of the company’s stock worth $1,711,000 after purchasing an additional 236,193 shares during the period. Finally, Absolute Investment Advisers LLC raised its holdings in Western Asset Global High Income Fund by 1.1% in the 1st quarter. Absolute Investment Advisers LLC now owns 802,178 shares of the company’s stock worth $5,302,000 after purchasing an additional 8,900 shares during the period.

Western Asset Global High Income Fund Stock Down 0.8%

Shares of Western Asset Global High Income Fund stock opened at $6.48 on Friday. Western Asset Global High Income Fund Inc. has a one year low of $6.11 and a one year high of $6.98. The stock’s fifty day moving average is $6.59 and its 200 day moving average is $6.49.

Western Asset Global High Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Friday, October 24th will be issued a dividend of $0.07 per share. The ex-dividend date of this dividend is Friday, October 24th. This represents a c) dividend on an annualized basis and a yield of 13.0%.

About Western Asset Global High Income Fund

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.