Apollon Wealth Management LLC Invests $132,000 in Western Asset Global High Income Fund Inc. (NYSE:EHI)

Apollon Wealth Management LLC bought a new position in Western Asset Global High Income Fund Inc. (NYSE:EHI) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 19,705 shares of the company’s stock, valued at approximately $132,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. QSV Equity Investors LLC acquired a new stake in Western Asset Global High Income Fund during the third quarter worth about $82,000. J.W. Cole Advisors Inc. raised its holdings in 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 period. Shaker Financial Services LLC raised its holdings in Western Asset Global High Income Fund by 239.0% in the third quarter. Shaker Financial Services LLC now owns 153,175 shares of the company’s stock valued at $1,073,000 after buying an additional 107,991 shares during the period. Finally, Absolute Investment Advisers LLC purchased a new stake in Western Asset Global High Income Fund during the fourth quarter worth approximately $5,299,000.

Western Asset Global High Income Fund Stock Down 0.1 %

Shares of NYSE EHI opened at $6.76 on Friday. Western Asset Global High Income Fund Inc. has a 1-year low of $6.52 and a 1-year high of $7.35. The business has a 50-day moving average of $6.72 and a 200-day moving average of $6.84.

Western Asset Global High Income Fund Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, February 3rd. Stockholders of record on Monday, January 27th were paid a dividend of $0.07 per share. The ex-dividend date was Friday, January 24th. This represents a dividend yield of 12.19%.

Western Asset Global High Income Fund Company 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.