GraniteShares Advisors LLC Purchases Shares of 426,368 Western Asset Global High Income Fund Inc. $EHI

GraniteShares Advisors LLC acquired a new stake in Western Asset Global High Income Fund Inc. (NYSE:EHI) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 426,368 shares of the company’s stock, valued at approximately $2,733,000. Western Asset Global High Income Fund accounts for about 2.4% of GraniteShares Advisors LLC’s portfolio, making the stock its 10th largest position.

Other institutional investors also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in Western Asset Global High Income Fund in the 2nd quarter valued at about $53,000. Mosaic Family Wealth Partners LLC acquired a new position in Western Asset Global High Income Fund during the third quarter worth approximately $65,000. Wolverine Asset Management LLC bought a new stake in Western Asset Global High Income Fund in the third quarter valued at approximately $66,000. SeaCrest Wealth Management LLC acquired a new stake in shares of Western Asset Global High Income Fund in the fourth quarter valued at approximately $74,000. Finally, Integrity Advisory Solutions LLC acquired a new stake in shares of Western Asset Global High Income Fund in the third quarter valued at approximately $83,000.

Western Asset Global High Income Fund Price Performance

EHI stock opened at $5.96 on Friday. Western Asset Global High Income Fund Inc. has a 1-year low of $5.80 and a 1-year high of $6.70. The business’s 50 day simple moving average is $6.29 and its 200 day simple moving average is $6.37.

Western Asset Global High Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Thursday, May 21st will be given a $0.07 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a c) annualized dividend and a dividend yield of 14.1%.

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.