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In a challenging economic climate, Western Asset Global High Income Fund Inc. (EHI) stock has reached a 52-week low, dipping to $6.53. Despite market pressures, the fund maintains an impressive 12.69% dividend yield and boasts a 23-year track record of consistent dividend payments, according to InvestingPro data. This latest price level reflects a significant downturn from the previous year, with the fund experiencing a 1-year change of -9.79%. Investors are closely monitoring EHI as it navigates through volatile market conditions, though the fund maintains relatively low volatility with a beta of 0.9 and trades at a P/E ratio of 7.72. The fund's management team is now faced with the task of strategizing a recovery amidst persisting market pressures that have led to this year-long decline. InvestingPro subscribers can access additional insights through 6 exclusive ProTips and comprehensive financial metrics.
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