Nuveen Global High Income Fund (NYSE:JGH) Announces Monthly Dividend of $0.10

Nuveen Global High Income Fund (NYSE:JGH) declared a monthly dividend on Tuesday, September 1st. Investors of record on Tuesday, September 15th will be given a dividend of 0.1035 per share on Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 10.0%. The ex-dividend date is Tuesday, September 15th.

Nuveen Global High Income Fund Stock Performance

JGH stock traded up $0.06 during trading on Wednesday, hitting $12.43. The company had a trading volume of 2,073 shares, compared to its average volume of 91,187. Nuveen Global High Income Fund has a 12 month low of $11.80 and a 12 month high of $13.70. The firm has a 50-day moving average price of $12.54 and a 200-day moving average price of $12.59.

Institutional Investors Weigh In On Nuveen Global High Income Fund

A number of institutional investors and hedge funds have recently modified their holdings of the company. Sit Investment Associates Inc. boosted its holdings in shares of Nuveen Global High Income Fund by 4,079.2% during the 4th quarter. Sit Investment Associates Inc. now owns 2,903,697 shares of the company’s stock worth $36,616,000 after buying an additional 2,834,217 shares during the period. Yakira Capital Management Inc. acquired a new position in Nuveen Global High Income Fund in the fourth quarter valued at about $9,004,000. Balyasny Asset Management L.P. acquired a new stake in shares of Nuveen Global High Income Fund during the 4th quarter worth approximately $1,665,000. Readystate Asset Management LP bought a new position in shares of Nuveen Global High Income Fund in the 4th quarter valued at $1,192,000. Finally, Quarry LP bought a new position in shares of Nuveen Global High Income Fund in the fourth quarter worth about $1,138,000.

Nuveen Global High Income Fund Company Profile

Nuveen Global High Income Fund (NYSE: JGH) is a closed-end investment company that seeks to provide high current income by investing primarily in high-yield debt securities issued by non-U.S. corporations. Established in 2007 and managed by Nuveen Asset Management, the fund offers investors exposure to global credit markets with a focus on higher-yielding instruments. The fund’s strategy aims to balance income generation with diversification across various sectors and geographies outside of the United States.

The fund’s portfolio typically includes a mix of high-yield corporate bonds, bank loans and, from time to time, convertible securities.