Nuveen Global High Income Fund (JGH)
$
12.64
+0.06 (0.47%)
Key metrics
Financial statements
Free cash flow per share
1.6128
Market cap
288.6 Million
Price to sales ratio
11.2820
Debt to equity
0
Current ratio
0
Income quality
0.9413
Average inventory
0
ROE
0.1260
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Nuveen Global High Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in fixed income markets across the globe. The fund primarily invests in U.S. high-yield bonds, non-U.S. high-yield bonds from developed and emerging markets, corporate debt securities, U.S. and foreign government debt securities, mortgage and asset-backed securities, preferred securities, secured and unsecured loans, and convertible debt securities. It seeks to invest in below investment grade securities rated BB/Ba or lower. The fund uses a diversified global high-income strategy, which blends high-yield bonds and other income producing securities from around the world, and across the capital structure and credit spectrum, to create its portfolio. It benchmarks the performance of its portfolio against the Barclays Global High Yield Index. Nuveen Global High Income Fund was formed on August 5, 2014 and is domiciled in the United States.
News
seekingalpha.com
JGH offers diversified global high-yield income, with 43% international debt exposure and a 10% yield, benefiting from a weakening US dollar. The fund has outperformed global bond benchmarks and the US dollar index over multiple periods, though it trails the S&P 500 year-to-date. JGH trades at a 7.32% discount to NAV.
seekingalpha.com
JGH offers global credit exposure and a high 9.8% yield, but struggles in the current high interest rate environment. The fund's heavy allocation to below-investment-grade debt and use of leverage increase risk, especially if rates rise further. Dividend sustainability is questionable, as earnings have often failed to cover payouts and frequent cuts have occurred over the past decade.
seekingalpha.com
The Nuveen Global High Income Fund offers a 9.76% yield, potentially appealing to income-seeking investors. The fund's portfolio performance has not justified its recent share price gains, potentially at risk of a correction. With a focus on U.S. assets and lower yield compared to peers, the fund may be less desirable for international diversification.
seekingalpha.com
Nuveen Global High Income Fund offers investors a high level of income while diversifying their assets away from the United States. The JGH closed-end fund has a 10.27% yield, higher than most domestic fixed-income securities and many domestic junk bond funds. The JGH fund's long-term performance has been strong, outperforming both the U.S. Aggregate Bond Index and the JPMorgan EMBI Global Core Index.
businesswire.com
NEW YORK--(BUSINESS WIRE)--Nuveen Closed-End Funds today announced that the Board of Trustees of the Funds has approved the regular monthly and quarterly distributions. In addition, the Board of Trustees has approved updated distribution polices described below under “Monthly & Quarterly Distributions” for The Nuveen Preferred & Income Opportunities Fund (NYSE: JPC), Nuveen Preferred and Income Term Fund (NYSE: JPI), Nuveen Variable Rate Preferred & Income Fund (NYSE: NPFD), Nuveen.
seekingalpha.com
Many risk-averse investors are holding onto large amounts of cash, waiting to re-enter the investing game. Nuveen Investments recommends getting off the sidelines and positioning portfolios for attractive late-cycle opportunities. Nuveen offers several closed-end funds that meet the criteria for income investors in the current economic cycle, and here we review Nuveen Global High Income Fund.
seekingalpha.com
JGH is a global high yield closed end fund. The fund is mainly composed of high yield bonds, which account for more than 73% of the portfolio.
seekingalpha.com
Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. The top DxY funds are NHF, ARDC and KIO.
thelincolnianonline.com
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