Nuveen Global High Income Fund (NYSE:JGH) Trading Down 0.8%

Shares of Nuveen Global High Income Fund (NYSE:JGH) traded down 0.8% on Wednesday . The company traded as low as $12.35 and last traded at $12.39. 53,737 shares changed hands during trading, a decline of 22% from the average session volume of 68,925 shares. The stock had previously closed at $12.49.

Nuveen Global High Income Fund Price Performance

The business’s fifty day moving average price is $12.61 and its 200-day moving average price is $12.01.

Nuveen Global High Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be issued a dividend of $0.104 per share. This represents a $1.25 annualized dividend and a dividend yield of 10.11%. The ex-dividend date of this dividend is Friday, April 12th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Bank of New York Mellon Corp lifted its holdings in shares of Nuveen Global High Income Fund by 10.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 19,144 shares of the company’s stock worth $219,000 after acquiring an additional 1,795 shares during the last quarter. Advisor Partners II LLC purchased a new position in shares of Nuveen Global High Income Fund in the 3rd quarter worth about $1,039,000. Allspring Global Investments Holdings LLC grew its position in Nuveen Global High Income Fund by 2.1% during the third quarter. Allspring Global Investments Holdings LLC now owns 429,551 shares of the company’s stock valued at $4,914,000 after acquiring an additional 8,907 shares during the last quarter. Ausdal Financial Partners Inc. purchased a new position in Nuveen Global High Income Fund in the 3rd quarter worth $181,000. Finally, LPL Financial LLC lifted its stake in Nuveen Global High Income Fund by 7.1% in the third quarter. LPL Financial LLC now owns 307,306 shares of the company’s stock worth $3,516,000 after purchasing an additional 20,292 shares during the last quarter.

Nuveen Global High Income Fund Company Profile

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.