Western Asset Global High Income Fund Inc. Announces Financial Position as of August 31, 2023
- Total assets increased to $244,936,597 from $240,913,912 in the previous quarter. Total net assets also increased to $166,104,680 from $162,068,733. NAV per share of common stock rose to $7.31 from $7.14. Market price per share increased to $7.22 from $6.65. The fund reported a premium of 1.23% and outstanding shares of 22,715,572. Net assets from operations increased to $8,534,245.
- Total net investment income decreased to $3,714,273 from $3,855,772. Undistributed/overdistributed net investment income was -$3,046,646.
| Current Q | Previous Q | Prior Yr Q | |||||||||
| August 31, 2023 | May 31, 2023 | August 31, 2022 | |||||||||
| Total Assets (a) | $ |
244,936,597 |
|
$ |
240,913,912 |
|
$ |
281,441,210 |
|
||
| Total Net Assets (a) | $ |
166,104,680 |
|
$ |
162,068,733 |
|
$ |
179,522,416 |
|
||
| NAV Per Share of Common Stock (b) | $ |
7.31 |
|
$ |
7.14 |
|
$ |
7.91 |
|
||
| Market Price Per Share | $ |
7.22 |
|
$ |
6.65 |
|
$ |
7.22 |
|
||
| Premium / (Discount) |
|
(1.23 |
)% |
|
(6.86 |
)% |
|
(8.72 |
)% |
||
| Outstanding Shares |
|
22,715,572 |
|
|
22,706,467 |
|
|
22,697,297 |
|
||
| Total Net Investment Income (c) | $ |
3,714,273 |
|
$ |
3,855,772 |
|
$ |
4,198,666 |
|
||
| Total Net Realized/Unrealized Gain/(Loss) (c) | $ |
4,819,972 |
|
$ |
(10,000,807 |
) |
$ |
(12,989,891 |
) |
||
| Net Increase (Decrease) in Net Assets From Operations (c) | $ |
8,534,245 |
|
$ |
(6,145,035 |
) |
$ |
(8,791,225 |
) |
||
| Earnings per Common Share Outstanding | |||||||||||
| Total Net Investment Income (c) | $ |
0.16 |
|
$ |
0.17 |
|
$ |
0.18 |
|
||
| Total Net Realized/Unrealized Gain/(Loss) (c) | $ |
0.21 |
|
$ |
(0.44 |
) |
$ |
(0.57 |
) |
||
| Net Increase (Decrease) in Net Assets From Operations (c) | $ |
0.37 |
|
$ |
(0.27 |
) |
$ |
(0.39 |
) |
||
| Undistributed/(Overdistributed) Net Investment Income (d) | $ |
(3,046,646 |
) |
$ |
(2,195,699 |
) |
$ |
(2,292,527 |
) |
||
| Undistributed/(Overdistributed) Net Investment Income | |||||||||||
| Per Share (d) | $ |
(0.13 |
) |
$ |
(0.10 |
) |
$ |
(0.10 |
) |
||
| Loan Outstanding (d) | $ |
70,000,000 |
|
$ |
70,000,000 |
|
$ |
77,000,000 |
|
||
| Reverse Repurchase Agreements (d) | $ |
6,642,895 |
|
$ |
6,634,241 |
|
$ |
22,921,226 |
|
||
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 (“SEC”), as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. These reports are available on the SEC’s website at www.sec.gov. To obtain information on Forms N-PORT 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 Franklin Resources. 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.franklintempleton.com/investments/options/closed-end-funds. 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. Franklin Resources and its affiliates do not engage in selling shares of the Fund.
Category: Financials
Source: Franklin Resources, Inc.
Source: Legg Mason Closed End Funds
View source version on businesswire.com: https://www.businesswire.com/news/home/20231024101451/en/
Investor Contact: Fund Investor Services 1-888-777-0102
Source: Franklin Resources, Inc. and Legg Mason Closed End Funds
FAQ
What is the total assets of Western Asset Global High Income Fund Inc. as of August 31, 2023?
What is the NAV per share of common stock for the fund?
How many outstanding shares does the fund have?
What is the total net investment income for the fund?
What is the market price per share for the fund?
What is the premium/discount for the fund?
