EHI

Western Asset Global High Income Fund

Positive
Neutral
Negative
Sentiment 3-Months
Positive
Neutral 66.7%
Negative

Positive
Seeking Alpha
1 month ago
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
Neutral
Business Wire
1 month ago
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
Neutral
Business Wire
1 month ago
Western Asset Global High Income Fund Inc. Announces Results of Annual Meeting of Stockholders
NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.
Western Asset Global High Income Fund Inc. Announces Results of Annual Meeting of Stockholders
Positive
Seeking Alpha
3 months ago
EHI: Discount Remains Narrow As Fund Shifts Toward Lower-Quality Holdings
EHI offers a high 12.7% yield and global diversification, but distribution coverage is declining and overdistribution risks NAV erosion. The fund has shifted to a higher allocation of junk-rated debt, which could suggest management's view of stable credit and limited rate cuts. I'd like to see a wider discount on this fund before considering it to be a good time to add.
EHI: Discount Remains Narrow As Fund Shifts Toward Lower-Quality Holdings
Positive
Seeking Alpha
3 months ago
High-Yield Closed-End Funds (Part 3): EHI
EHI offers a high distribution rate of 12.33% on NAV, with monthly payouts and a current market price discount of 3.08%. The fund's 3- and 6-month total returns outperform HYG, despite HYG's historical 5-year outperformance. EHI maintains a BB credit rating and uses 29.24% leverage, resulting in higher expenses but attractive income potential.
High-Yield Closed-End Funds (Part 3): EHI
Positive
Seeking Alpha
6 months ago
EHI: Solid Global Income Fund But Not Ideal Time For Entry
EHI offers a high 13.2% yield and global diversification, but its performance is heavily dependent on future interest rate cuts. The fund's price and NAV have declined significantly, with recent returns only modestly positive when distributions are included. EHI's high leverage and substantial exposure to below-investment-grade debt increase risk, especially if defaults rise in a high-rate environment.
EHI: Solid Global Income Fund But Not Ideal Time For Entry
Neutral
Business Wire
7 months ago
Western Asset Global High Income Fund Inc. Announces Financial Position as of February 28, 2025
NEW YORK--(BUSINESS WIRE)--Category: Financials.
Western Asset Global High Income Fund Inc. Announces Financial Position as of February 28, 2025
Neutral
Seeking Alpha
11 months ago
EHI: Narrowing Junk Bond Spreads Could Prove Problematic
Western Asset Global High Income Fund offers a high 12.80% yield, higher than both domestic and international fixed-income indices and its peers. The EHI closed-end fund's high yield may signal market doubts about its distribution sustainability, necessitating a review of its financial health and distribution coverage. The fund's portfolio is heavily weighted towards junk bonds, which have outperformed investment-grade bonds recently but may face valuation challenges.
EHI: Narrowing Junk Bond Spreads Could Prove Problematic
Neutral
Business Wire
1 year ago
Western Asset Global High Income Fund Inc. Announces Results of Annual Meeting of Stockholders
NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.
Western Asset Global High Income Fund Inc. Announces Results of Annual Meeting of Stockholders
Neutral
Business Wire
1 year ago
Western Asset Global High Income Fund Inc. Announces Final Results of Transferable Rights Offering
NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.
Western Asset Global High Income Fund Inc. Announces Final Results of Transferable Rights Offering