PRESS RELEASE


Western Asset Global High Income Fund Inc. Announces Financial Position as of August 31, 2019


October 30, 2019

 

NEW YORK--(BUSINESS WIRE)-- Western Asset Global High Income Fund Inc. (NYSE: EHI) today announced the financial position of the Fund as of August 31, 2019.

 
Current Q Previous Q Prior Yr Q
August 31, 2019 May 31, 2019 August 31, 2018
Total Assets (a)

$

678,401,866

 

$

673,765,101

 

$

656,043,561

 

Total Net Assets (a)

$

471,871,518

 

$

464,882,819

 

$

468,195,373

 

NAV Per Share of Common Stock (b)

$

10.70

 

$

10.54

 

$

10.45

 

Market Price Per Share

$

9.75

 

$

9.59

 

$

9.22

 

Premium / (Discount)

 

(8.88

)%

 

(9.01

)%

 

(11.77

)%

Outstanding Shares

 

44,106,706

 

 

44,106,706

 

 

44,796,459

 

 
Total Net Investment Income (c)

$

8,530,333

 

$

8,432,220

 

$

7,451,889

 

Total Net Realized/Unrealized Gain/(Loss) (c)

$

6,794,533

 

$

1,159,968

 

$

(5,161,945

)

Net Increase (Decrease) in Net Assets From Operations (c)

$

15,324,866

 

$

9,592,188

 

$

2,289,944

 

 
Earnings per Common Share Outstanding
Total Net Investment Income (c)

$

0.19

 

$

0.19

 

$

0.17

 

Total Net Realized/Unrealized Gain/(Loss) (c)

$

0.15

 

$

0.03

 

$

(0.12

)

Net Increase (Decrease) in Net Assets From Operations (c)

$

0.34

 

$

0.22

 

$

0.05

 

 
Undistributed/(Overdistributed) Net Investment Income (d)

$

(3,297,873

)

$

(3,492,039

)

$

(4,445,828

)

Undistributed/(Overdistributed) Net Investment Income
Per Share (d)

$

(0.07

)

$

(0.08

)

$

(0.10

)

 
Loan Outstanding (d)

$

180,000,000

 

$

180,000,000

 

$

176,000,000

 

Reverse Repurchase Agreements (d)

$

20,178,875

 

$

16,909,500

 

$

-

 

 

Footnotes:

(a) The difference between total assets and total net assets is due primarily to the Fund’s use of borrowings; total net assets do not include borrowings.
(b) NAVs are calculated as of the close of business on the last business day in the periods indicated above.
(c) For the quarter indicated.
(d) As of the date indicated above.

This financial data is unaudited.

The Fund files its semi-annual and annual reports with the Securities and Exchange Commission, as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year on Form N-Q. These reports are available on the Commission’s website at www.sec.gov . To obtain information on Form N-Q or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.

Western Asset Global High Income Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc. and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.

For more information about the Fund, please call 1-888-777-0102 or consult the Fund’s web site at www.lmcef.com. Hard copies of the Fund’s complete audited financial statements are available free of charge upon request.

Data and commentary provided in this press release are for informational purposes only. Legg Mason and its affiliates do not engage in selling shares of the Fund.

Media Contact

1-888-777-0102