Shaker Financial Services LLC Increases Stock Position in Western Asset Global High Income Fund Inc. (NYSE:EHI)

Shaker Financial Services LLC increased its position in shares of Western Asset Global High Income Fund Inc. (NYSE:EHI) by 239.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 153,175 shares of the company’s stock after buying an additional 107,991 shares during the period. Shaker Financial Services LLC’s holdings in Western Asset Global High Income Fund were worth $1,073,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Sykon Capital LLC purchased a new stake in Western Asset Global High Income Fund during the second quarter worth $137,000. J.W. Cole Advisors Inc. purchased a new position in Western Asset Global High Income Fund during the second quarter valued at $211,000. Finally, Insigneo Advisory Services LLC purchased a new position in Western Asset Global High Income Fund during the second quarter valued at $224,000.

Western Asset Global High Income Fund Stock Down 0.1 %

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’s fifty day simple moving average is $6.88 and its two-hundred day simple moving average is $6.99.

Western Asset Global High Income Fund Dividend Announcement

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