Shaker Financial Services LLC Acquires New Holdings in Western Asset Global High Income Fund Inc. (NYSE:EHI)

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Shaker Financial Services LLC purchased a new position in shares of Western Asset Global High Income Fund Inc. (NYSE:EHI) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 37,095 shares of the company’s stock, valued at approximately $358,000.

Several other institutional investors also recently made changes to their positions in the company. Lindbrook Capital LLC acquired a new position in Western Asset Global High Income Fund in the third quarter valued at approximately $63,000. Stifel Financial Corp boosted its stake in Western Asset Global High Income Fund by 40.5% in the 2nd quarter. Stifel Financial Corp now owns 57,262 shares of the company’s stock worth $530,000 after buying an additional 16,511 shares during the last quarter. Advisors Asset Management Inc. raised its holdings in shares of Western Asset Global High Income Fund by 19.3% in the 2nd quarter. Advisors Asset Management Inc. now owns 316,335 shares of the company’s stock worth $2,926,000 after purchasing an additional 51,135 shares during the period. Icon Advisers Inc. Co. raised its holdings in shares of Western Asset Global High Income Fund by 391.0% in the 2nd quarter. Icon Advisers Inc. Co. now owns 112,920 shares of the company’s stock worth $1,045,000 after purchasing an additional 89,920 shares during the period. Finally, Graves Light Private Wealth Management Inc. purchased a new stake in shares of Western Asset Global High Income Fund during the 2nd quarter valued at about $99,000.

EHI stock opened at $9.93 on Tuesday. Western Asset Global High Income Fund Inc. has a 52-week low of $6.15 and a 52-week high of $10.46. The stock’s 50 day moving average is $9.78 and its two-hundred day moving average is $9.51.

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Friday, November 20th will be given a $0.067 dividend. The ex-dividend date of this dividend is Thursday, November 19th. This represents a $0.80 annualized dividend and a dividend yield of 8.10%.

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.

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Institutional Ownership by Quarter for Western Asset Global High Income Fund (NYSE:EHI)

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