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Western Asset Global High Income Fund

EHI

Market cap $162M

5.34 USD

+0.03

0.56%

At close Updated Nov 6, 11:18 AM EST

1 day

0.56%

5 days

-1.11%

1 month

-0.93%

3 months

-8.4%

6 months

-13.03%

Year to date

-16.43%

1 year

-15.64%

5 years

-47.08%

10 years

-44.55%

About: Western Asset Global High Inc Fd Inc is a non-diversified, closed-end management investment company. Its investment objective is high current income. The Fund's secondary investment objective is total return. It invests in an international portfolio of securities consisting of below-investment-grade fixed income securities, emerging market fixed income securities, and investment-grade fixed income securities. The Fund's investment portfolio comprises sovereign bonds, collateralized mortgage obligations, asset-backed securities, and fixed income securities from different corporate sectors, including financials, energy, consumer discretionary, and industrials, among others.

Financials Asset Management

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 0%

Neutral 100%

Negative 0%

Weekly Closed-End Fund Roundup (October 25, 2026)

CEFs fell this week: 4 of 26 sectors rose on price (average -0.90%) and 8 of 26 on NAV (average -0.20%); munis held up while commodities lagged. HERZ's tender for 5% of its shares at 97.5% of NAV drew 71% participation, so only about 7% of tendered shares were accepted, worth about +1.4% on a full position. At the fund level, HQH (+6.80%) led on price and OCCI (-17.42%) fell the most, while THW (+5.18%) led on NAV and ASA (-5.78%) declined the most.

Weekly Closed-End Fund Roundup (October 25, 2026)

EHI: High Yield And Deep Discount Aren't Enough

Western Asset Global High Income Fund trades at a deep discount, pressured by rising rates and leverage amplifying its downside moves. EHI has a high distribution rate, over 15%, thanks to the latest declines, but sustainability is a key concern. Despite a deep discount and high distribution rate, there are lingering concerns, at least in the short term, that warrant continued caution before wanting to dive in.

EHI: High Yield And Deep Discount Aren't Enough

EHI: Widening Discount Adds Appeal, But Remain Cautious

The Western Asset Global High Income Fund offers a 14%+ yield but faces significant distribution coverage shortfalls, raising the risk of a cut. EHI now trades at an over 9% discount, making entry more attractive, though not at a historical extreme; further discount widening is possible if a cut occurs. The fund's portfolio is heavily tilted toward below-investment-grade and emerging market debt, but broad diversification across nearly 400 holdings.

EHI: Widening Discount Adds Appeal, But Remain Cautious

CEF Market Weekly Review: The Key Factors Driving NII

We review the CEF market valuation and performance through the fourth week of April and highlight recent market action. CEF markets faced renewed risk aversion, with sector discounts widening to historical averages and MLPs and Convertibles led to the upside. Western Asset CEFs' NII remained largely stable; key drivers include short-term rate direction, liability management, and overdistribution.

CEF Market Weekly Review: The Key Factors Driving NII

Western Asset Global High Income Fund Inc. Announces Financial Position as of February 28, 2026

NEW YORK--(BUSINESS WIRE)--Category: Financials.

Western Asset Global High Income Fund Inc. Announces Financial Position as of February 28, 2026

Western Asset Global High Income Fund Inc. (NYSE: EHI) Announces Portfolio Management Team Update

NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.

Western Asset Global High Income Fund Inc. (NYSE: EHI) Announces Portfolio Management Team Update

EHI: Double-Digit Yield Has Appeal, But Lack Of Coverage Means Caution

Western Asset Global High Income Fund offers high-yield exposure with a 13.15% distribution yield, but coverage is weak, which adds some uncertainty. EHI's discount has widened a bit since our prior update, yet remains near its five-year average; a deeper discount would make entry more attractive. The fund's portfolio blends corporate high-yield and emerging market debt, resulting in higher duration and interest rate sensitivity.

EHI: Double-Digit Yield Has Appeal, But Lack Of Coverage Means Caution

Western Asset Global High Income Fund Inc. (NYSE: EHI) Announces Portfolio Management Team Update

NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.

Western Asset Global High Income Fund Inc. (NYSE: EHI) Announces Portfolio Management Team Update

EHI: Solid Dividend Coverage But Limited Growth Potential

Western Asset Global High Income Fund offers a 13.1% yield and global diversification, appealing to income-focused investors amid market volatility. EHI trades at a 6.73% discount to NAV but faces growth challenges due to high leverage (29.3% of assets) and sensitivity to interest rates. Recent quarterly results show strong earnings and a 167% dividend coverage rate, supporting payout sustainability for the near term.

EHI: Solid Dividend Coverage But Limited Growth Potential

Western Asset Global High Income Fund Inc. Announces Financial Position as of August 31, 2025

NEW YORK--(BUSINESS WIRE)--Category: Financials.

Western Asset Global High Income Fund Inc. Announces Financial Position as of August 31, 2025

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