Western Asset Global High Income Fund Inc. Announces Financial Position as of August 31, 2025
MWN-AI** Summary
Western Asset Global High Income Fund Inc. (NYSE: EHI) has reported its financial standing for the period ending August 31, 2025. The Fund's total assets have increased to approximately $295.46 million from $292.44 million in the previous quarter and significantly up from $256.18 million a year prior. The total net assets also rose to about $206.58 million, reflecting a positive change from $202.26 million in May 2025 and a notable increase from $165.69 million in August 2024.
Despite the asset growth, the Fund's Net Asset Value (NAV) per share decreased to $6.82, down from $6.68 in the last quarter and significantly lower than $7.29 a year ago. The market price per share followed a similar trend, reaching $6.62, up from $6.41 last quarter but below the $7.09 recorded in the previous year. The Fund's shares are trading at a discount of 2.93%, which is improving from a 4.04% discount in May 2025.
The Fund reported a total net investment income of approximately $4.08 million for the quarter, a slight decline from $4.17 million in the previous quarter and a considerable increase from $3.26 million in the same period last year. Notably, the Fund had a net realized/unrealized gain of $6.60 million, a significant turnaround from a loss reported in the last quarter.
Furthermore, the Fund has 30,299,742 shares outstanding, maintaining the same count as the previous quarter. The Fund continues to utilize borrowings, with $75 million in loans outstanding and minimal reverse repurchase agreements.
For further information, stakeholders can access the Fund’s filings with the SEC or contact Fund Investor Services.
MWN-AI** Analysis
As of August 31, 2025, the Western Asset Global High Income Fund Inc. (NYSE: EHI) reported significant improvements in its financial position, indicating a positive trajectory for investors. Total assets climbed to approximately $295.5 million, marking an increase from the previous quarter's $292.4 million and a substantial rise from $256.2 million a year earlier. This growth is reflective of the fund's capacity to leverage investment opportunities in the high-yield debt market.
Total net assets also showed a favorable uptrend, reaching $206.6 million compared to $202.3 million in the prior quarter, and a significant increase from $165.7 million year-over-year. The net asset value (NAV) per share has grown to $6.82, indicating a recovery from the lower NAV reported earlier, although it still lags behind the $7.29 recorded a year prior. Notably, the market price per share is currently at $6.62, translating into a slight discount of 2.93% relative to the NAV.
The earnings performance for the quarter reflects stability, with total net investment income reported at $4.08 million. Although slightly down from the previous quarter, it is up significantly from the $3.26 million of the same quarter last year. In terms of earnings per common share, the fund generated $0.35 in net increase from operations, suggesting strong performance amid market volatility.
Investors should consider the fund's solid asset growth and improving profitability metrics as indicators of resilience. While the current market price reflects a discount, the outlook for the high-income sector remains robust, supported by ongoing demand for yield. For those seeking income potential combined with capital appreciation, EHI may present a compelling opportunity, particularly if it continues to manage its assets and liabilities effectively in this challenging environment.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Western Asset Global High Income Fund Inc. (NYSE: EHI) today announced the financial position of the Fund as of August 31, 2025.
| Current Q | Previous Q | Prior Yr Q | |||||||||||
| August 31, 2025 | May 31, 2025 | August 31, 2024 | |||||||||||
| Total Assets (a) | $ | 295,464,493 | $ | 292,438,454 | * | $ | 256,184,509 | ||||||
| Total Net Assets (a) | $ | 206,575,459 | $ | 202,261,827 | * | $ | 165,685,669 | ||||||
| NAV Per Share of Common Stock (b) | $ | 6.82 | $ | 6.68 | $ | 7.29 | |||||||
| Market Price Per Share | $ | 6.62 | $ | 6.41 | $ | 7.09 | |||||||
| Premium / (Discount) | (2.93 | )% | (4.04 | )% | (2.74 | )% | |||||||
| Outstanding Shares | 30,299,742 | 30,299,742 | * | 22,724,807 | |||||||||
| Total Net Investment Income (c) | $ | 4,080,934 | $ | 4,170,380 | $ | 3,258,273 | |||||||
| Total Net Realized/Unrealized Gain/(Loss) (c) | $ | 6,595,644 | $ | (6,127,520 | ) | $ | 4,215,730 | ||||||
| Net Increase (Decrease) in Net Assets From Operations (c) | $ | 10,676,578 | $ | (1,957,140 | ) | $ | 7,474,003 | ||||||
| Earnings per Common Share Outstanding | |||||||||||||
| Total Net Investment Income (c) | $ | 0.13 | $ | 0.14 | $ | 0.14 | |||||||
| Total Net Realized/Unrealized Gain/(Loss) (c) | $ | 0.22 | $ | (0.20 | ) | $ | 0.19 | ||||||
| Net Increase (Decrease) in Net Assets From Operations (c) | $ | 0.35 | $ | (0.06 | ) | $ | 0.33 | ||||||
| Undistributed/(Overdistributed) Net Investment Income (d) | $ | (4,280,014 | ) | $ | (1,998,002 | ) | $ | (3,171,435 | ) | ||||
| Undistributed/(Overdistributed) Net Investment Income | |||||||||||||
| Per Share (d) | $ | (0.14 | ) | $ | (0.07 | ) | $ | (0.14 | ) | ||||
| Loan Outstanding (d) | $ | 75,000,000 | $ | 75,000,000 | $ | 70,000,000 | |||||||
| Reverse Repurchase Agreements (d) | $ | 9,780,874 | $ | 9,722,601 | $ | 18,083,398 |
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. | |
* | On October 8, 2024, Western Asset Global High Income Fund Inc. issued 7,574,935 common shares with a subscription price of $6.60 per share, equal to 90.0% of Fund`s net asset value per share of common stock at the close of trading on NYSE on October 8, 2024. |
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 advised by Franklin Templeton Fund Advisor, LLC (“FTFA”) and is sub-advised by Western Asset Management Company (“Western Asset”). FTFA and Western Asset are indirect, wholly-owned subsidiaries of Franklin Resources, Inc. (“Franklin Resources”).
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/20251027087829/en/
Investor Contact: Fund Investor Services 1-888-777-0102
FAQ**
What factors have contributed to the increase in total assets for Western Asset Global High Income Fund Inc EHI from August 32024, to August 32025?
2. How does the current premium/discount to NAV for Western Asset Global High Income Fund Inc EHI compare to historical averages?
3. What strategies are being implemented to address the undistributed net investment income reported by Western Asset Global High Income Fund Inc EHI?
4. How has the market price per share of Western Asset Global High Income Fund Inc EHI changed relative to its NAV over the past year?
**MWN-AI FAQ is based on asking OpenAI questions about Western Asset Global High Income Fund Inc (NYSE: EHI).
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