Cetera Investment Advisers Lowers Stock Holdings in Western Asset Global High Income Fund Inc. (NYSE:EHI)

Cetera Investment Advisers reduced its position in Western Asset Global High Income Fund Inc. (NYSE:EHI) by 54.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 15,285 shares of the company’s stock after selling 18,541 shares during the period. Cetera Investment Advisers’ holdings in Western Asset Global High Income Fund were worth $102,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sit Investment Associates Inc. grew its stake in Western Asset Global High Income Fund by 3,634.2% in the 4th quarter. Sit Investment Associates Inc. now owns 4,895,479 shares of the company’s stock worth $32,702,000 after acquiring an additional 4,764,380 shares during the period. Absolute Investment Advisers LLC purchased a new stake in Western Asset Global High Income Fund in the 4th quarter worth approximately $5,299,000. Guggenheim Capital LLC grew its stake in Western Asset Global High Income Fund by 21.9% in the 4th quarter. Guggenheim Capital LLC now owns 492,514 shares of the company’s stock worth $3,290,000 after acquiring an additional 88,569 shares during the period. Invesco Ltd. grew its stake in Western Asset Global High Income Fund by 69.4% in the 4th quarter. Invesco Ltd. now owns 376,542 shares of the company’s stock worth $2,515,000 after acquiring an additional 154,235 shares during the period. Finally, Quarry LP purchased a new stake in Western Asset Global High Income Fund in the 4th quarter worth approximately $2,254,000.

Western Asset Global High Income Fund Stock Down 0.1%

EHI stock opened at $6.41 on Tuesday. Western Asset Global High Income Fund Inc. has a one year low of $6.11 and a one year high of $7.35. The company has a 50 day moving average price of $6.39 and a two-hundred day moving average price of $6.61.

Western Asset Global High Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Friday, August 22nd will be paid a $0.07 dividend. The ex-dividend date of this dividend is Friday, August 22nd. This represents a $0.84 annualized dividend and a yield of 13.11%.

Western Asset Global High Income Fund Profile

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.