SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMC NEWS

TMCNET eNEWSLETTER SIGNUP

Western Asset Global High Income Fund Inc. Portfolio Composition as of September 30, 2018
[November 01, 2018]

Western Asset Global High Income Fund Inc. Portfolio Composition as of September 30, 2018


Western Asset Global High Income Fund Inc. (NYSE:EHI) announces its portfolio composition as of September 30, 2018.

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 43.0%
Emerging Market Debt 35.3%

Sovereign Debt External Currency

19.2%

Corporates External Currency

13.5%

Sovereign Debt Local Currency

2.6%

Bank Loans

12.6%

Investment Grade Corporate Bonds 6.4%
Government

1.3%

Cash & Other Securities 1.4%
 

Credit Quality Allocation**

AA 1.3%
A 0.8%
BBB 23.7%
BB 37.4%
B 27.5%
CCC 6.9%
D 0.2%
Not Rated 2.2%
 

Top Ten High Yield Industries

Communications 11.4%
Energy 6.8%
Consumer Cyclical 5.8%
Banking 4.2%
Consumer Non Cyclical 3.4%
Capital Goods 3.2%
Basic Industry 3.1%
Technology 1.5%
Transportation 0.8%
REITs 0.7%
 

Top Five Emerging Market Countries

Brazil 4.6%
Indonesia 4.3%
Argentina 4.3%
Russia 3.6%
Colombia 3.2%
 

Currency Allocation

US Dollar 96.9%
Russian Ruble 1.1%
Brazilian Real 0.7%
British Pound 0.4%
Argentine Peso 0.3%
Uruguayan Peso 0.3%
Mexican Peso 0.2%
Euro 0.1%
 
Average Life (years) 6.4
Effective Duration (years) 6.1
Average Coupon (%) 6.1
 
Portfolio Statistics:
 
Inception Date July 28, 2003
Inception Price $15.00
Total Assets $651,767,836
Net Assets*** $471,767,836

Loans****

27.62%

Preferred Shares****

0.00%

Reverse Repos****

0.00%

 
Market Price $9.11
NAV $10.55
 

(Daily NAV is available on market quotation systems using the symbol XEHIX.)

     
Distribution Rate $0.0610 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


[ Back To TMCnet.com's Homepage ]







Technology Marketing Corporation

35 Nutmeg Drive Suite 340, Trumbull, Connecticut 06611 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2018 Technology Marketing Corporation. All rights reserved | Privacy Policy