GraniteShares Advisors LLC Acquires New Shares in Western Asset Global High Income Fund Inc. $EHI

GraniteShares Advisors LLC acquired a new position in shares of Western Asset Global High Income Fund Inc. (NYSE:EHI) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 426,368 shares of the company’s stock, valued at approximately $2,733,000. Western Asset Global High Income Fund comprises 1.7% of GraniteShares Advisors LLC’s holdings, making the stock its 13th biggest position.

Several other large investors have also recently added to or reduced their stakes in EHI. Merit Financial Group LLC lifted its stake in Western Asset Global High Income Fund by 16.2% in the fourth quarter. Merit Financial Group LLC now owns 12,239 shares of the company’s stock valued at $78,000 after buying an additional 1,707 shares during the last quarter. SeaCrest Wealth Management LLC bought a new position in shares of Western Asset Global High Income Fund during the fourth quarter worth about $74,000. Aventura Private Wealth LLC bought a new position in shares of Western Asset Global High Income Fund during the fourth quarter worth about $203,000. NewEdge Advisors LLC increased its holdings in shares of Western Asset Global High Income Fund by 3.1% in the 3rd quarter. NewEdge Advisors LLC now owns 87,259 shares of the company’s stock worth $576,000 after acquiring an additional 2,642 shares during the period. Finally, Citadel Advisors LLC acquired a new stake in shares of Western Asset Global High Income Fund in the 3rd quarter worth about $106,000.

Western Asset Global High Income Fund Stock Performance

Shares of NYSE:EHI opened at $6.22 on Tuesday. The company’s 50-day moving average price is $6.23 and its 200 day moving average price is $6.33. Western Asset Global High Income Fund Inc. has a fifty-two week low of $5.80 and a fifty-two week high of $6.70.

Western Asset Global High Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Thursday, May 21st will be paid a $0.07 dividend. The ex-dividend date is Thursday, May 21st. This represents a c) annualized dividend and a dividend yield of 13.5%.

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.