Western Asset Global High Income Fund Inc. Portfolio Composition as of September 30, 2015
October 30 2015 - 1:41PM
Business Wire
Western Asset Global High Income Fund Inc. (NYSE:EHI) announces
its portfolio composition as of September 30, 2015.
Investment Objective: The Fund’s primary investment
objective is high current income. The Fund’s secondary objective is
total return.
Portfolio Composition*:
Asset
Allocation
High Yield Corporate Bonds
52.7%
Emerging Market Debt
31.0%
Sovereign Debt External Currency
17.7%
Sovereign Debt Local Currency
1.4%
Corporates External Currency
11.8%
Corporates Local Currency
0.1%
Investment Grade Corporate
Bonds
12.1%
Government
1.3%
Bank Loans
1.3%
Asset-Backed Securities
0.3%
Cash & Other Securities
1.3%
Credit Quality
Allocation**
AA 1.7% A 3.7% BBB 21.0% BB 25.2% B 28.2% CCC 16.6% C 0.2% D 0.8%
Not Rated 2.4%
Top Ten High
Yield Industries
Communications 10.6% Energy 7.1% Consumer Cyclical 6.5% Consumer
Non Cyclical 5.9% Banking 5.4% Capital Goods 3.9% Basic Industry
3.5% Transportation 2.8% Finance Companies 1.8% Electric 1.7%
Top Five Emerging
Market Countries
Mexico 5.3% Russia 4.4% Brazil 3.7% Indonesia 1.8% Colombia 1.8%
Currency
Allocation
US Dollar 103.4% Indian Rupee 0.8% Australian Dollar 0.3% Polish
Zloty -0.1% Brazilian Real -0.5% Singapore Dollar -0.7% Euro -3.1%
Average Life (years)
7.0
Effective Duration (years)
6.2
Average Coupon (%)
7.1
Portfolio Statistics:
Inception Date
July 28, 2003
Inception Price
$15.00
Total Assets
$468,975,634
Net Assets***
$334,429,293
Loans****
25.59%
Preferred Shares****
0.00%
Reverse Repos****
0.00%
Market Price
$8.97
NAV
$10.77 (Daily NAV is available on market quotation systems using
the symbol XEHIX.)
Distribution Rate
$0.09625 per share
Frequency Monthly
(Declared quarterly, paid monthly)
* Portfolio holdings and weightings are historical and are
presented here for informational purposes only. They are subject to
change at any time. Negative allocations and allocations in excess
of 100%, if any, are primarily due to the Fund's unsettled trade
activity. ** Credit quality is a measure of a bond issuer's ability
to repay interest and principal in a timely manner. The credit
ratings shown are based on each portfolio security’s rating as
provided by Standard and Poor’s, Moody’s Investors Service and/or
Fitch Ratings, Ltd. and typically range from AAA (highest) to D
(lowest), or an equivalent and/or similar rating. For this purpose,
when two or more of the agencies have assigned differing ratings to
a security, the lowest rating is used. Securities that are unrated
by all three agencies are reflected as such. The credit quality of
the investments in the Fund's portfolio does not apply to the
stability or safety of the Fund. These ratings are updated monthly
and may change over time. Please note, the Fund itself has not been
rated by an independent rating agency. *** The difference between
total assets and net assets, if any, is due primarily to the Fund’s
use of borrowings; net assets do not include borrowings. The Fund
may employ leverage in the form of loans, preferred stock, reverse
repurchase agreements and/or other instruments. When the Fund
engages in transactions that have a leveraging effect on the Fund’s
portfolio, the value of the Fund will be more volatile and all
other risks will tend to be compounded. **** Percentages are based
on total assets. If the Fund employs leverage, the Effective
Duration is based on net assets.
Western Asset Global High Income Fund Inc., a non-diversified
closed-end investment management company traded on the New York
Stock Exchange under the symbol “EHI,” is advised by Legg Mason
Partners Fund Advisor, LLC, a wholly owned subsidiary of Legg
Mason, Inc., and is sub-advised by Western Asset Management
Company, an affiliate of the advisor.
An investment in the Fund involves risk, including loss of
principal. Investment return and the value of shares will
fluctuate. The credit quality ratings shown may change over
time.
Data and commentary provided in this press release are for
informational purposes only. Legg Mason and its affiliates do not
engage in selling shares of the Fund.
For more information, please call Fund Investor Services at
1-888-777-0102, or consult the Fund’s web site at
http://www.lmcef.com. Hard copies of the Fund’s complete audited
financial statements are available free of charge upon request.
FN1112200
View source
version on businesswire.com: http://www.businesswire.com/news/home/20151030005868/en/
Media:Western Asset Global High Income Fund Inc.Maria Rosati,
1-212-805-6036mrosati@leggmason.com
Western Asset Global Hig... (NYSE:EHI)
Historical Stock Chart
From Jul 2024 to Aug 2024
Western Asset Global Hig... (NYSE:EHI)
Historical Stock Chart
From Aug 2023 to Aug 2024