Vmbook Online ordering

Western Asset Global High Income Fund Inc

Western Asset Global High Income Fund Inc. (NYSE: HIJ) is a closed-end management investment company that aims to provide a high level of current income. The company seeks to achieve its investment objective by investing primarily in a diversified portfolio of high yielding fixed-income securities from around the world.

As a closed-end fund, HIJ raises a fixed amount of capital through an initial public offering and then trades on a stock exchange, with its share price fluctuating based on supply and demand. The company is managed by Legg Mason Partners Fund Advisor, LLC and sub-advised by Western Asset Management Company, LLC, both of which are subsidiaries of Franklin Resources, Inc.

HIJ's investment portfolio may include corporate bonds, sovereign and quasi-sovereign debt, mortgage-backed securities, and asset-backed securities. The company's investments may be denominated in various currencies, and it may use derivatives for hedging and non-hedging purposes.

As of its most recent annual report, HIJ's top holdings included debt securities issued by entities such as the government of Argentina, the Federal National Mortgage Association, and various corporations such as Anheuser-Busch InBev and Royal Dutch Shell.

It's important to note that investing in closed-end funds can be complex and involves risks, including the loss of principal, and that past performance is not indicative of future performance. Potential investors should carefully consider the fund's investment objectives, risks, charges, and expenses before investing. This information can be found in the fund's prospectus and shareholder reports, which can be obtained by visiting the fund's website or contacting the fund's transfer agent.

    Insider-interest financial closed-end-fund-debt western-asset-global-high-income-fund-inc index