Insider Buying: Western Asset Global High Income Fnd Inc (EHI) Major Shareholder Buys 16,849 Shares of Stock

Western Asset Global High Income Fnd Inc (NYSE:EHI) major shareholder Saba Capital Management, L.P. purchased 16,849 shares of Western Asset Global High Income Fnd stock in a transaction dated Monday, May 6th. The stock was bought at an average price of $9.71 per share, for a total transaction of $163,603.79. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

  • On Thursday, May 23rd, Saba Capital Management, L.P. purchased 1,347 shares of Western Asset Global High Income Fnd stock. The stock was bought at an average price of $9.69 per share, for a total transaction of $13,052.43.
  • On Tuesday, May 21st, Saba Capital Management, L.P. purchased 52,292 shares of Western Asset Global High Income Fnd stock. The stock was bought at an average price of $9.75 per share, for a total transaction of $509,847.00.
  • On Thursday, May 16th, Saba Capital Management, L.P. acquired 69,269 shares of Western Asset Global High Income Fnd stock. The shares were acquired at an average cost of $9.69 per share, for a total transaction of $671,216.61.
  • On Tuesday, May 14th, Saba Capital Management, L.P. acquired 16,263 shares of Western Asset Global High Income Fnd stock. The shares were acquired at an average cost of $9.68 per share, for a total transaction of $157,425.84.
  • On Wednesday, May 8th, Saba Capital Management, L.P. acquired 21,633 shares of Western Asset Global High Income Fnd stock. The shares were acquired at an average cost of $9.71 per share, for a total transaction of $210,056.43.
  • On Thursday, May 2nd, Saba Capital Management, L.P. acquired 6,823 shares of Western Asset Global High Income Fnd stock. The shares were acquired at an average cost of $9.72 per share, for a total transaction of $66,319.56.
  • On Tuesday, April 30th, Saba Capital Management, L.P. acquired 23,173 shares of Western Asset Global High Income Fnd stock. The shares were acquired at an average cost of $9.69 per share, for a total transaction of $224,546.37.
  • On Friday, April 26th, Saba Capital Management, L.P. purchased 7,767 shares of Western Asset Global High Income Fnd stock. The stock was purchased at an average cost of $9.69 per share, for a total transaction of $75,262.23.
  • On Monday, April 22nd, Saba Capital Management, L.P. purchased 34,404 shares of Western Asset Global High Income Fnd stock. The stock was purchased at an average cost of $9.63 per share, for a total transaction of $331,310.52.
  • On Wednesday, April 17th, Saba Capital Management, L.P. purchased 20,393 shares of Western Asset Global High Income Fnd stock. The stock was purchased at an average cost of $9.61 per share, for a total transaction of $195,976.73.

Shares of EHI traded down $0.02 during midday trading on Thursday, hitting $9.66. The stock had a trading volume of 169,500 shares, compared to its average volume of 141,513. Western Asset Global High Income Fnd Inc has a twelve month low of $7.99 and a twelve month high of $9.80.

The business also recently announced a monthly dividend, which will be paid on Thursday, August 1st. Investors of record on Friday, July 19th will be given a $0.063 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 7.83%. The ex-dividend date of this dividend is Thursday, July 18th.

Large investors have recently added to or reduced their stakes in the stock. We Are One Seven LLC acquired a new stake in shares of Western Asset Global High Income Fnd in the fourth quarter valued at about $34,000. Karpus Management Inc. acquired a new stake in shares of Western Asset Global High Income Fnd in the fourth quarter valued at about $116,000. City of London Investment Management Co. Ltd. acquired a new stake in shares of Western Asset Global High Income Fnd in the first quarter valued at about $117,000. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of Western Asset Global High Income Fnd in the fourth quarter valued at about $124,000. Finally, Resources Investment Advisors Inc. acquired a new stake in shares of Western Asset Global High Income Fnd in the fourth quarter valued at about $174,000.

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Western Asset Global High Income Fnd 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.

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Insider Buying and Selling by Quarter for Western Asset Global High Income Fnd (NYSE:EHI)

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