Nuveen Global High Income Fund (NYSE:JGH) Shares Up 0.3% – Here’s What Happened

Nuveen Global High Income Fund (NYSE:JGH)’s share price shot up 0.3% on Friday . The stock traded as high as $13.19 and last traded at $13.16. 46,871 shares traded hands during mid-day trading, a decline of 0% from the average session volume of 46,931 shares. The stock had previously closed at $13.12.

Nuveen Global High Income Fund Price Performance

The firm has a 50-day simple moving average of $13.04 and a two-hundred day simple moving average of $12.97.

Nuveen Global High Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th will be issued a dividend of $0.1035 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $1.24 annualized dividend and a yield of 9.44%.

Institutional Investors Weigh In On Nuveen Global High Income Fund

A number of large investors have recently added to or reduced their stakes in JGH. Sanctuary Advisors LLC bought a new stake in shares of Nuveen Global High Income Fund in the second quarter valued at approximately $313,000. Future Financial Wealth Managment LLC bought a new stake in Nuveen Global High Income Fund in the 3rd quarter valued at $47,000. International Assets Investment Management LLC grew its position in Nuveen Global High Income Fund by 1,238.0% in the 3rd quarter. International Assets Investment Management LLC now owns 12,082 shares of the company’s stock worth $162,000 after purchasing an additional 11,179 shares during the last quarter. Outlook Wealth Advisors LLC grew its position in Nuveen Global High Income Fund by 6.5% in the 3rd quarter. Outlook Wealth Advisors LLC now owns 56,141 shares of the company’s stock worth $751,000 after purchasing an additional 3,409 shares during the last quarter. Finally, Blake Schutter Theil Wealth Advisors LLC bought a new position in shares of Nuveen Global High Income Fund during the 3rd quarter worth about $214,000.

About Nuveen Global High Income Fund

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.