Nuveen Global High Income Fund (NYSE:JGH) Stock Price Down 0.4% – What’s Next?

Nuveen Global High Income Fund (NYSE:JGH) shares dropped 0.4% during trading on Monday . The stock traded as low as $13.06 and last traded at $13.08. Approximately 58,249 shares were traded during mid-day trading, an increase of 17% from the average daily volume of 49,619 shares. The stock had previously closed at $13.13.

Nuveen Global High Income Fund Price Performance

The business’s 50-day moving average price is $12.70 and its 200-day moving average price is $12.77.

Nuveen Global High Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, August 1st. Shareholders of record on Tuesday, July 15th will be paid a $0.1035 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 9.50%. The ex-dividend date of this dividend is Tuesday, July 15th.

Institutional Trading of Nuveen Global High Income Fund

Large investors have recently bought and sold shares of the stock. Invesco Ltd. raised its stake in shares of Nuveen Global High Income Fund by 10.7% in the first quarter. Invesco Ltd. now owns 423,773 shares of the company’s stock worth $5,543,000 after purchasing an additional 40,848 shares during the last quarter. LPL Financial LLC increased its holdings in Nuveen Global High Income Fund by 9.3% in the 1st quarter. LPL Financial LLC now owns 331,144 shares of the company’s stock worth $4,331,000 after buying an additional 28,144 shares during the period. Shaker Financial Services LLC raised its position in Nuveen Global High Income Fund by 5.3% during the 1st quarter. Shaker Financial Services LLC now owns 171,164 shares of the company’s stock worth $2,256,000 after buying an additional 8,681 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Nuveen Global High Income Fund during the 4th quarter worth approximately $2,001,000. Finally, Summit X LLC lifted its stake in Nuveen Global High Income Fund by 85.0% during the 1st quarter. Summit X LLC now owns 144,852 shares of the company’s stock valued at $1,895,000 after acquiring an additional 66,534 shares during the period.

About Nuveen Global High Income Fund

Nuveen Global High Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in fixed income markets across the globe. The fund primarily invests in U.S. high-yield bonds, non-U.S.