WESTERN ASSET GLOBAL HIGH INCOME FUND INC. (EHI)
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.
Industry: Asset Management - Income
Western Asset Global High Income Fund Inc.
NYSE:EHIFinancial Services · Asset Management - Income
-1.69%$5.22
AH Close$5.22+0.00%vs close
AH Close$5.22+0.00%vs close
Mkt Cap$158.16M
Float30.3M
O/S30.3M
Inst Own23.9%
SI0.3%
Div Yield16.09%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$24.34M
Net Income$21.67M
Total Assets$294.88M
Free Cash Flow$24.83M
Debt & Equity
Debt 31%
Equity 69%
Total Debt$90.66M
Total Equity$198.48M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in EHI's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$294.88M
Liabilities$96.4M
Accounts Receivable$0
Accounts Payable$5.31M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-05-31 | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 | 2017-05-31 | 2016-05-31 | 2015-05-31 | 2014-05-31 | 2013-05-31 |
| Revenue | $24.34M | $18.6M | $21.54M | -$11.96M | -$30.14M | $60.37M | $14.94M | $30.08M | $2.07M | $43.27M | $35.82M | $36.69M | $38.93M | $40.52M |
| YoY Growth | 30.8% | -13.6% | -280.1% | -60.3% | -149.9% | 304.1% | -50.3% | 1355.4% | -95.2% | 20.8% | -2.4% | -5.8% | -3.9% | - |
| Cost of Revenue | $2.53M | $5.04M | $1.78M | $2.45M | $2.94M | $31.09M | $6.59M | -$13.74M | $195 | $5.21M | $0 | $0 | $0 | $0 |
| Gross Profit | $24.34M | $13.56M | $19.76M | -$14.41M | -$33.08M | $29.27M | $8.35M | $43.82M | $2.07M | $38.07M | $35.82M | $36.69M | $38.93M | $40.52M |
| Gross Margin | 100.0% | 72.9% | 91.7% | 120.5% | 109.8% | 48.5% | 55.9% | 145.7% | 100.0% | 88.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | -$9 | -$2 | $1 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $2.91M | $513K | $390K | $535K | $497K | $557K | $0 | $431K | $433K | $5.73M | $4.21M | $4.58M | $4.72M | $4.72M |
| Other | -$7.46M | $67K | $0 | -$207K | $104K | $46K | $0 | $78K | -$17K | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | -$4.55M | $579K | $510K | $663K | $601K | $722K | $0 | $682K | $416K | $28.76M | $53.67M | $38.77M | $5.53M | $24.79M |
| Operating Income (EBIT) | $25.91M | $12.98M | $19M | $19.5M | $18.79M | $24.63M | $7.35M | $37.8M | $5.69M | $37.22M | $31.61M | $32.11M | $34.2M | $35.8M |
| Operating Margin | 106.5% | 69.8% | 88.2% | -163.0% | -62.4% | 40.8% | 49.2% | 125.7% | 275.1% | 86.0% | 88.2% | 87.5% | 87.9% | 88.3% |
| Interest Expense | $4.2M | $5.04M | $4.81M | $3.9M | $894K | $1.07M | $0 | $5.65M | $4.04M | $2.69M | $1.42M | $1.14M | $1.14M | $1.13M |
| Interest Income | $23.86M | $22.65M | $21.47M | $22.41M | $22.14M | $29.37M | $0 | $43.88M | $43.25M | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$4.24M | -$5.06M | $249K | -$10.88M | -$27.8M | $15.6M | -$8.64M | -$8.4M | -$35.56M | $31.54M | -$50.87M | -$35.33M | -$1.94M | $28.38M |
| Income Before Tax (EBT) | $21.67M | $12.98M | $19.25M | -$12.62M | -$30.74M | $59.64M | -$1.29M | $29.4M | $1.65M | $68.76M | -$19.26M | -$3.22M | $32.26M | $64.18M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $37.21M | $0 | $135K | $186K | $172K | $380K |
| Net Income | $21.67M | $12.98M | $19.25M | -$12.62M | -$30.74M | $59.64M | -$1.29M | $29.4M | $1.65M | $68.76M | -$19.4M | -$3.41M | $32.09M | $63.8M |
| Net Income Margin | 89.0% | 69.8% | 89.4% | 105.5% | 102.0% | 98.8% | -8.6% | 97.7% | 79.8% | 158.9% | -54.2% | -9.3% | 82.4% | 157.4% |
| Supplementary Data | ||||||||||||||
| EPS | 0.72 | 0.56 | 0.85 | -0.56 | -1.35 | 2.63 | -0.03 | 0.67 | 0.04 | 1.52 | -0.62 | -0.11 | 1.03 | 2.05 |
| Diluted EPS | 0.72 | 0.55 | 0.85 | -0.56 | -1.35 | 2.63 | -0.03 | 0.67 | 0.04 | 1.52 | -0.62 | -0.11 | 1.03 | 2.05 |
| Weighted Average OS | 30.30M | 23.05M | 23.05M | 22.71M | 22.70M | 22.70M | 44.49M | 44.11M | 41.26M | 45.24M | 31.05M | 31.05M | 31.05M | 31.05M |
| EBITDA | $25.94M | $12.98M | $19M | -$29.97M | -$51.58M | $44.04M | $7.35M | $13.71M | $5.69M | $34.5M | -$17.85M | -$2.08M | $33.4M | $65.31M |
| EBITDA Margin | 106.6% | 69.8% | 88.2% | 250.6% | 171.2% | 73.0% | 49.2% | 45.6% | 275.1% | 79.7% | -49.8% | -5.7% | 85.8% | 161.2% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-05-31 | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 | 2017-05-31 | 2016-05-31 | 2015-05-31 | 2014-05-31 | 2013-05-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $3.81M | $316K | $2.9M | $340K | $458K | $946K | $514K | $708K | $8.8M | $440K | $404K | $3.79M | $266K | $160K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | -$720K | -$4.42M | $0 | $75K | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $3.81M | $316K | $2.9M | $340K | $458K | $946K | $1.21M | $1.19M | $8.8M | $515K | $404K | $3.79M | $266K | $160K |
| Accounts Receivable | $0 | $4.44M | $4.48M | $4.24M | $4.89M | $5.81M | $18.15M | $14.44M | $17.73M | $15.17M | $10.35M | $16.97M | $12.47M | $10.97M |
| Inventory | $0 | $0 | $0 | $0 | $7.05M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $244K | $1.01M | $422K | $16K | $52K | $253K | $399K | $172K | $991K | $8.76M | $3.31M | $2.24M |
| Total Current Assets | $3.82M | $4.96M | $7.73M | $5.59M | $5.77M | $6.77M | $19.43M | $15.88M | $26.53M | $15.78M | $11.75M | $29.53M | $16.05M | $13.37M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $2K | $252.76M | $235.51M | $290.4M | $349.62M | $609.46M | $658.57M | $653.54M | $683.06M | $448.89M | $491.89M | $532.63M | $534.48M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $291.06M | $287.48M | -$252.76M | -$190K | -$589K | -$951K | -$720K | -$4.42M | -$653.54M | -$683.06M | -$448.89M | -$491.89M | $0 | -$534.48M |
| Total Long-Term Assets | $291.06M | $287.48M | $252.76M | $235.32M | $289.81M | $348.67M | $608.74M | $654.14M | $653.54M | $683.06M | $448.89M | $491.89M | $532.63M | $534.48M |
| Other Assets | $0 | $0 | -$176K | $0 | $0 | $0 | $0 | $3.74M | $19K | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $294.88M | $292.44M | $260.31M | $240.91M | $295.58M | $355.44M | $628.18M | $673.77M | $680.09M | $698.84M | $460.63M | $521.41M | $548.68M | $547.85M |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $5.31M | $4.95M | $9.23M | $1.92M | $2.3M | $6.19M | $11.32M | $11.39M | $36.22M | $0 | $10.87M | $10.54M | $3.35M | $7.27M |
| Short-Term Debt | $0 | $0 | $70M | $70M | $77M | $85.5M | $158M | $180M | $0 | $171M | $120M | $127.35M | $122.44M | $112.44M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | -$6.63M | -$23.06M | -$21.45M | -$30.7M | -$16.91M | -$131.78M | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | -$579K | -$72.1M | -$79.52M | -$91.96M | -$169.76M | -$191.87M | -$36.69M | $4.34M | $1.18M | $783K | $874K | $1.08M |
| Total Current Liabilities | $5.51M | $4.95M | $79.69M | $72.21M | $79.65M | $92.13M | $169.96M | $191.97M | $36.22M | $187.13M | $132.06M | $138.67M | $126.66M | $120.79M |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $90.66M | $84.72M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $171M | $0 | $0 | $0 | $362K |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $231K | $501K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$171M | $0 | $0 | $0 | $909K |
| Total Long-Term Liabilities | $90.89M | $85.22M | $87.9M | $76.63M | $77M | $85.5M | $158M | $180M | $168M | $187.13M | $0 | $0 | $0 | $1.27M |
| Other Liabilities | $0 | $0 | $97.33M | -$70M | -$53.94M | -$64.05M | -$127.3M | -$163.09M | $599K | -$187.13M | $0 | $0 | $0 | $0 |
| Total Liabilities | $96.4M | $90.18M | $97.33M | $78.85M | $102.7M | $113.58M | $200.66M | $208.88M | $204.81M | $187.13M | $132.06M | $138.67M | $126.66M | $122.06M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $68.94M | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $30K | $30K | $23K | $23K | $23K | $23K | $44K | $44K | $45K | $45K | $31K | $31K | $31K | $31K |
| Retained Earnings | -$131.4M | -$137.34M | -$135.03M | -$142.36M | -$114.66M | -$65.67M | -$105.62M | -$74.2M | -$3.69M | -$3.56M | -$113.33M | -$58.32M | -$19.23M | -$15.63M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$68.94M | -$120.04M | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $329.85M | $339.57M | $297.99M | $304.4M | $307.51M | $307.51M | $533.1M | $539.03M | $478.92M | $515.22M | $440.78M | $441.03M | $441.22M | $441.39M |
| Total Equity | $198.48M | $202.26M | $162.98M | $162.07M | $192.88M | $241.86M | $427.52M | $464.88M | $475.28M | $511.7M | $327.48M | $382.74M | $422.01M | $425.79M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $294.88M | $292.44M | $260.31M | $240.91M | $295.58M | $355.44M | $628.18M | $673.77M | $680.09M | $698.84M | $459.53M | $521.41M | $548.68M | $547.85M |
| Supplementary Data | ||||||||||||||
| Total Debt | $90.66M | $84.72M | $87.64M | $76.63M | $77M | $85.5M | $158M | $180M | $168M | $171M | $120M | $127.35M | $122.44M | $112.81M |
| Net Debt | $86.85M | $84.41M | -$2.9M | $76.29M | $76.54M | $84.55M | $157.49M | $179.29M | $159.2M | $170.56M | $119.6M | $123.55M | $122.17M | $112.64M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-05-31 | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 | 2017-05-31 | 2016-05-31 | 2015-05-31 | 2014-05-31 | 2013-05-31 |
| Operating Activities | ||||||||||||||
| Net Income | $21.67M | $12.98M | $19.25M | -$12.62M | -$30.74M | $59.64M | -$1.29M | $29.4M | $1.65M | $68.76M | -$19.4M | -$3.41M | $32.09M | $63.8M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | -$628K | $46K | -$241K | $646K | $918K | $12.34M | -$3.71M | $3.29M | -$2.56M | -$1.37M | $6.61M | -$4.5M | -$1.5M | $971K |
| Inventory | $0 | $0 | $0 | $798K | $3.94M | $3.84M | $294K | $24.86M | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $2.49M | -$4.71M | $7.12M | -$798K | -$3.94M | -$3.84M | -$294K | -$24.86M | $21.66M | $797K | $0 | $0 | $0 | $0 |
| Other Working Capital | -$230K | -$4.86M | $37K | -$427K | -$3.93M | -$3.87M | -$299K | -$24.84M | -$130K | -$31K | $308K | $1.12M | -$81K | -$1.94M |
| Total Working Capital Change | $1.63M | -$4.81M | $6.92M | $219K | -$3.01M | $8.47M | -$4.01M | -$21.55M | $18.96M | -$605K | $6.92M | -$3.38M | -$1.58M | -$972K |
| Other Non-Cash Items | $1.53M | -$34.17M | -$17.1M | $54.42M | $58.69M | $260.08M | $49.38M | -$5.24M | $30.17M | -$35.51M | $51.2M | $41.28M | -$4.17M | -$36.52M |
| Net Cash from Operating | $24.83M | -$26M | $9.07M | $42.02M | $24.94M | $328.19M | $44.09M | $2.62M | $50.78M | $32.06M | $38.72M | $34.49M | $26.34M | $26.31M |
| Investing Activities | ||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$130.93M | -$180.45M | -$107.63M | -$195.32M | -$175.68M | -$491.14M | -$415.53M | -$570.85M | -$657.86M | -$480.88M | $0 | $0 | $0 | $0 |
| Sales of Investments | $136.22M | $145.77M | $107.61M | $226.98M | $160.84M | $194.91M | $391.73M | $573.65M | $652.51M | $479.05M | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $29.68M | $592.45M | $47.61M | -$5.62M | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $5.29M | -$34.68M | -$23K | $31.66M | $14.84M | $296.22M | $23.8M | -$2.81M | $5.35M | $1.83M | $0 | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||
| Debt Repaid | -$5.93M | $2.91M | - | $23.42M | $8.5M | $72.5M | $22M | -$12M | $3M | -$5M | - | - | - | - |
| Common Stock Issuance | $0 | $49.63M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | -$219.96M | -$1.78M | -$7.14M | -$3.03M | -$787 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$27.57M | -$22.8M | -$18.27M | -$18.18M | -$18.25M | -$26.76M | -$34.09M | -$32.66M | -$35.7M | -$39.67M | -$35.87M | -$35.87M | -$35.87M | -$33.11M |
| Other Financing Activities | $0 | $41.71M | $11M | -$16.42M | $1.61M | -$9.25M | $1.78M | $16.91M | $0 | -$1.1M | -$6.25M | $4.91M | $9.63M | $186K |
| Net Cash from Financing | -$21.64M | $23.91M | -$7.27M | -$41.6M | -$25.14M | -$328.47M | -$44.08M | -$10.89M | -$41.73M | -$35.78M | -$42.11M | -$30.96M | -$26.23M | -$32.92M |
| Forex Effect | $4.45M | $1.58M | -$5.56M | -$31.66M | -$14.84M | -$296.22M | -$23.8M | $2.81M | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $3.2M | -$2.09M | $1.81M | $413K | -$198K | -$279K | $7K | -$8.27M | $9.05M | $35K | -$3.39M | $3.53M | $105K | -$6.61M |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $24.83M | -$26M | $9.07M | $42.02M | $24.94M | $328.19M | $44.09M | $2.62M | $50.78M | $32.06M | $38.72M | $34.49M | $26.34M | $26.31M |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $24.83M | -$26M | $9.07M | $42.02M | $24.94M | $328.19M | $44.09M | $2.62M | $50.78M | $32.06M | $38.72M | $34.49M | $26.34M | $26.31M |
| Cash at Beginning | $883K | $2.97M | $1.16M | $748K | $946K | $1.22M | $1.22M | $9.49M | $440K | $404K | $3.79M | $266K | $160K | $6.77M |
| Cash at End | $4.08M | $883K | $2.97M | $1.16M | $748K | $946K | $1.22M | $1.22M | $9.49M | $440K | $404K | $3.79M | $266K | $160K |