Western Asset Global High Income Fund Inc.

Frequently Asked Questions About EHI

What does EHI invest in?

The Western Asset Global High Income Fund Inc., a closed-end mutual fund specializing in fixed-income assets, was initially launched and managed by Legg Mason Partners Fund Advisor, LLC. Its ongoing oversight is a collaborative effort involving Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. The fund actively seeks investment opportunities across global fixed income markets, with a particular focus on acquiring undervalued bonds from companies spanning diverse sectors. Its strategic portfolio construction incorporates a variety of fixed income securities, including those classified as investment grade, below investment grade, and emerging market debt. To build and maintain its holdings, the fund utilizes rigorous quantitative analysis. On average, its fixed income securities maintain an S&P credit quality rating of BB and have an average duration of 3.8 years. For performance evaluation, the fund benchmarks itself against the Barclays Capital U.S. Aggregate Index, the Barclays Capital U.S. Corporate High Yield 2% Issuer Cap Index, and the JPMorgan Emerging Markets Bond Index Global. Established on July 28, 2003, and domiciled in the United States, this fund was previously identified as Salomon Brothers Global High Income Fund Inc.

What is the expense ratio of EHI?

Western Asset Global High Income Fund Inc. (EHI) charges an expense ratio of 4.14%. This is the annual fee deducted from fund assets to cover management and operations.

What is EHI's dividend yield?

EHI's trailing-twelve-month yield is 14.30%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of EHI?

Effective duration measures EHI's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. EHI's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of EHI?

EHI's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of EHI?

Yield to maturity (YTM) is the total return you'd earn from EHI if every bond in the portfolio is held to maturity at the current price. EHI's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.