Nuveen Global High Income Fund (NYSE:JGH) Short Interest Down 5.1% in May

Nuveen Global High Income Fund (NYSE:JGHGet Free Report) was the target of a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 15,000 shares, a decrease of 5.1% from the May 15th total of 15,800 shares. Based on an average trading volume of 46,600 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of Nuveen Global High Income Fund

Several hedge funds have recently added to or reduced their stakes in the business. McGowan Group Asset Management Inc. raised its stake in Nuveen Global High Income Fund by 1.7% during the 3rd quarter. McGowan Group Asset Management Inc. now owns 3,625,486 shares of the company’s stock worth $41,476,000 after buying an additional 58,990 shares during the period. LPL Financial LLC boosted its position in shares of Nuveen Global High Income Fund by 7.1% during the third quarter. LPL Financial LLC now owns 307,306 shares of the company’s stock worth $3,516,000 after buying an additional 20,292 shares during the period. Advisor Resource Council acquired a new stake in Nuveen Global High Income Fund in the 4th quarter valued at approximately $465,000. WNY Asset Management LLC lifted its stake in Nuveen Global High Income Fund by 16.6% in the 3rd quarter. WNY Asset Management LLC now owns 33,800 shares of the company’s stock valued at $387,000 after acquiring an additional 4,800 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its position in Nuveen Global High Income Fund by 17.5% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 32,810 shares of the company’s stock worth $400,000 after acquiring an additional 4,881 shares during the last quarter.

Nuveen Global High Income Fund Trading Down 0.2 %

Shares of JGH opened at $12.68 on Thursday. The business’s fifty day moving average price is $12.63 and its two-hundred day moving average price is $12.48. Nuveen Global High Income Fund has a 52 week low of $10.36 and a 52 week high of $13.10.

Nuveen Global High Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, July 1st. Stockholders of record on Friday, June 14th will be paid a $0.104 dividend. This represents a $1.25 dividend on an annualized basis and a dividend yield of 9.84%. The ex-dividend date is Friday, June 14th.

Nuveen Global High Income Fund Company Profile

(Get Free Report)

Nuveen Global High Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in fixed income markets across the globe. The fund primarily invests in U.S. high-yield bonds, non-U.S.

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