Western Asset Global High Income Fund Inc. (NYSE:EHI) Shares Acquired by Shaker Financial Services LLC

Shaker Financial Services LLC grew its holdings in Western Asset Global High Income Fund Inc. (NYSE:EHI) by 239.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 153,175 shares of the company’s stock after buying an additional 107,991 shares during the quarter. Shaker Financial Services LLC’s holdings in Western Asset Global High Income Fund were worth $1,073,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. J.W. Cole Advisors Inc. raised its position in shares of Western Asset Global High Income Fund by 259.7% in the third quarter. J.W. Cole Advisors Inc. now owns 107,461 shares of the company’s stock valued at $746,000 after buying an additional 77,586 shares during the last quarter. Insigneo Advisory Services LLC acquired a new stake in shares of Western Asset Global High Income Fund in the second quarter valued at about $224,000. Finally, Sykon Capital LLC acquired a new stake in shares of Western Asset Global High Income Fund in the second quarter valued at about $137,000.

Western Asset Global High Income Fund Trading Down 0.1 %

Shares of NYSE EHI opened at $6.73 on Thursday. Western Asset Global High Income Fund Inc. has a 52 week low of $6.40 and a 52 week high of $7.42. The firm has a 50-day simple moving average of $6.88 and a 200-day simple moving average of $6.99.

Western Asset Global High Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 21st will be given a dividend of $0.07 per share. This represents a $0.84 annualized dividend and a yield of 12.48%. The ex-dividend date of this dividend is Thursday, November 21st.

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.