In a challenging economic climate, Western Asset Global High Income Fund Inc. (EHI) stock has recorded a new 52-week low, dipping to $6.57. The fund offers investors a substantial 12.56% dividend yield and has maintained dividend payments for 22 consecutive years, according to InvestingPro data. This latest price point reflects a significant downturn from previous valuations, marking a stark contrast to the more buoyant trading periods of the past. Despite recent pressures, the fund has shown resilience with a positive YTD return of 3.23% and maintains a conservative beta of 0.91. Investors are closely monitoring the fund's performance as it navigates through the current market conditions, which have been characterized by volatility and uncertainty across various investment sectors. InvestingPro subscribers can access 6 additional key insights about EHI's financial health and market position.
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