Western Asset Global High Income Fund Inc. (NYSE:EHI) to Issue $0.07 Monthly Dividend

Western Asset Global High Income Fund Inc. (NYSE:EHI) declared a monthly dividend on Wednesday, August 5th. Investors of record on Friday, October 23rd will be paid a dividend of 0.07 per share on Friday, October 30th. This represents a c) dividend on an annualized basis and a yield of 14.4%. The ex-dividend date of this dividend is Friday, October 23rd.

Western Asset Global High Income Fund Trading Up 0.7%

Shares of Western Asset Global High Income Fund stock opened at $5.85 on Thursday. Western Asset Global High Income Fund has a 52 week low of $5.75 and a 52 week high of $6.70. The firm’s 50 day moving average is $5.93 and its two-hundred day moving average is $6.12.

About Western Asset Global High Income Fund

Western Asset Global High Income Fund (NYSE: EHI) is a diversified, closed-end management investment company that seeks to provide high current income by investing primarily in a broad range of high-yield and emerging-market debt securities. The fund’s portfolio typically includes corporate and sovereign bonds, bank loans, convertible securities and other credit instruments denominated in U.S. dollars and foreign currencies. By accessing global credit markets, EHI aims to capture attractive yield opportunities across developed and developing economies.

Launched in the late 2000s, the fund employs both fundamental credit analysis and top-down macroeconomic research to construct a portfolio that balances income generation with risk management.