Nuveen Global High Income Fund (JGH)
Nuveen Global High Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $12.69, up 0.40% on the session, giving a market capitalisation of $294.1M. On trailing twelve-month figures it carries a trailing P/E of 9.69, a net margin of 96.5%. Its beta of 0.71 implies it has historically moved less than the broad market.
The Nuveen Global High Income Fund (JGH) is a closed-end investment fund focused on fixed income, initiated by Nuveen Investments, Inc. It is jointly managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. This fund allocates capital to debt markets around the world, with a primary focus on U.S. and non-U.S. high-yield bonds from both established and developing economies. Its portfolio also includes corporate debt, U.S. and international government debt instruments, mortgage-backed and asset-backed securities, preferred stock, secured and unsecured loans, and convertible debt. The fund specifically targets sub-investment grade securities, typically rated BB/Ba or lower. Employing a diverse global high-income strategy, it builds its holdings by combining various high-yield and income-generating assets from different global regions, across the capital structure, and throughout the credit spectrum. Its performance is measured against the Barclays Global High Yield Index. Established on August 5, 2014, the fund is based in the United States.
Nuveen Global High Income Fund is most often compared with the following Financial Services names: