Western Asset Global High Income Fund Inc. Portfolio Composition as of June 30, 2017

October 18, 2017


NEW YORK--(BUSINESS WIRE)--Western Asset Global High Income Fund Inc. (NYSE: EHI) announces its portfolio composition as of June 30, 2017.

Investment Objective: The Fund’s primary investment objective is high current income. The Fund’s secondary objective is total return.

Portfolio Composition*:

Asset Allocation


High Yield Corporate Bonds



Emerging Market Debt



Sovereign Debt External Currency



Corporates External Currency



Sovereign Debt Local Currency



Investment Grade Corporate Bonds



Bank Loans






Asset-Backed Securities



Mortgage-Backed Securities



Cash & Other Securities




Credit Quality Allocation**

AA 2.5%
A 0.8%
BBB 15.6%
BB 29.4%
B 38.3%
CCC 11.0%
CC 0.2%
C 0.1%
D 0.3%
Not Rated 1.8%

Top Ten High Yield Industries

Communications 10.8%
Consumer Cyclical 10.1%
Energy 9.3%
Consumer Non Cyclical 8.6%
Basic Industry 4.5%
Capital Goods 3.7%
Banking 2.8%
Technology 2.1%
Finance Companies 1.6%
Transportation 1.3%

Top Five Emerging Market Countries

Brazil 4.8%
Argentina 4.8%
Russia 3.0%
Mexico 2.4%
Indonesia 2.2%

Currency Allocation

US Dollar 96.8%
Euro 1.5%
Argentine Peso 0.5%
Brazilian Real 0.4%
Indian Rupee 0.2%
Canadian Dollar 0.2%
Russian Ruble 0.2%
British Pound 0.1%

Average Life (years)


Effective Duration (years)


Average Coupon (%)


Portfolio Statistics:


Inception Date


July 28, 2003

Inception Price



Total Assets



Net Assets***





Preferred Shares****


Reverse Repos****


Market Price






(Daily NAV is available on market quotation systems using the symbol XEHIX.)


Distribution Rate


$0.0750 per share



Monthly (Declared quarterly, paid monthly)

* Portfolio holdings and weightings are historical and are presented here for informational purposes only. They are subject to change at any time. Negative allocations and allocations in excess of 100%, if any, are primarily due to the Fund's unsettled trade activity.
** Credit quality is a measure of a bond issuer's ability to repay interest and principal in a timely manner. The credit ratings shown are based on each portfolio security’s rating as provided by Standard and Poor’s, Moody’s Investors Service and/or Fitch Ratings, Ltd. and typically range from AAA (highest) to D (lowest), or an equivalent and/or similar rating. For this purpose, when two or more of the agencies have assigned differing ratings to a security, the lowest rating is used. Securities that are unrated by all three agencies are reflected as such. The credit quality of the investments in the Fund's portfolio does not apply to the stability or safety of the Fund. These ratings are updated monthly and may change over time. Please note, the Fund itself has not been rated by an independent rating agency.
*** The difference between total assets and net assets, if any, is due primarily to the Fund’s use of borrowings; net assets do not include borrowings. The Fund may employ leverage in the form of loans, preferred stock, reverse repurchase agreements and/or other instruments. When the Fund engages in transactions that have a leveraging effect on the Fund’s portfolio, the value of the Fund will be more volatile and all other risks will tend to be compounded.
**** Percentages are based on total assets. If the Fund employs leverage, the Effective Duration is based on net assets.

Western Asset Global High Income Fund Inc., a non-diversified closed-end investment management company traded on the New York Stock Exchange under the symbol “EHI,” is advised 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 advisor.

An investment in the Fund involves risk, including loss of principal. Investment return and the value of shares will fluctuate. The credit quality ratings shown may change over time.

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.

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


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