- Western Asset Global High Income Fund Inc. (EHI, Financial) reported total assets of $311.77 million as of February 28, 2025.
- The fund's net asset value (NAV) per share was $6.95, with a market price of $6.74, reflecting a 3.02% discount.
- The fund issued 7,574,935 new shares in October 2024, raising outstanding shares to 30,299,742.
Western Asset Global High Income Fund Inc. (NYSE: EHI) has announced its financial position as of February 28, 2025. The fund reported total assets amounting to $311.77 million and total net assets of $210.71 million. The net asset value (NAV) per share was calculated at $6.95, while the market price per share was $6.74, indicating a discount of 3.02%.
During the quarter, the fund achieved a total net investment income of $3.95 million, or $0.13 per share. However, it experienced a net realized and unrealized loss of $323,068, translating to -$0.01 per share. Despite these losses, the total net increase in assets from operations was $3.62 million, equivalent to $0.12 per share.
A notable development for EHI was the increase in outstanding shares to 30,299,742, following the issuance of 7,574,935 common shares at a price of $6.60 each on October 8, 2024. This issuance significantly boosted the fund's capital structure.
As part of its financial strategy, EHI maintains $75 million in loans and $17.91 million in reverse repurchase agreements, utilizing leverage to enhance potential returns.
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