Nuveen Global High Income Fund (JGH)
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.
Industry: Asset Management - Income
Nuveen Global High Income Fund
NYSE:JGHFinancial Services · Asset Management - Income
-0.18%$11.28
AH Close$11.28+0.00%vs close
AH Close$11.28+0.00%vs close
Mkt Cap$317.26M
Float23.15M
O/S28.13M
Inst Own40.3%
SI0.2%
Div Yield11.01%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$35.47M
Net Income$34.22M
Total Assets$558.98M
Free Cash Flow$23.87M
Debt & Equity
Debt 25%
Equity 75%
Total Debt$127.17M
Total Equity$387.62M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in JGH's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$558.98M
Liabilities$171.36M
Accounts Receivable$8.41M
Accounts Payable$10.56M
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
| Revenue | $35.47M | $25.58M | $18.54M | $9.64M | $52.29M | $291K | $78.36M | -$26.49M | $49.87M | $16.51M | $19.79M | $4.94M |
| YoY Growth | 38.7% | 38.0% | 92.4% | -81.6% | 17883.0% | -99.6% | -395.8% | -153.1% | 202.0% | -16.6% | 300.4% | - |
| Cost of Revenue | $4.13M | $7.57M | $3.87M | $4.35M | $5.03M | $4.63M | $5.2M | $5.29M | $5.4M | $4.9M | $5.78M | $867K |
| Gross Profit | $31.35M | $40.13M | $14.67M | $5.29M | $47.26M | -$4.34M | $73.15M | -$31.78M | $44.47M | $11.61M | $14.01M | $4.08M |
| Gross Margin | 88.4% | 156.9% | 79.1% | 54.9% | 90.4% | -1491.8% | 93.4% | 120.0% | 89.2% | 70.3% | 70.8% | 82.5% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $0 | $418K | $456K | $527K | $529K | $356K | $359K | $392K | $442K | $81K | $87K | $74K |
| Other | -$9.53M | $4K | $2K | $2K | $5K | -$1.49M | $534 | $414 | $469 | $67.56M | -$59.17M | $19K |
| Total Operating Expenses | -$9.53M | $422K | $458K | $529K | $534K | -$1.13M | $359K | $393K | $442K | -$67.56M | $59.17M | $93K |
| Operating Income (EBIT) | $40.88M | $46.85M | $49.7M | -$54.21M | $23.7M | $670K | $78M | -$21.95M | $52.75M | $79.18M | -$45.15M | $3.98M |
| Operating Margin | 115.2% | 183.2% | 268.1% | -562.6% | 45.3% | 230.5% | 99.5% | 82.9% | 105.8% | 479.5% | -228.1% | 80.6% |
| Interest Expense | $6.64M | $7.57M | $7.26M | $3.34M | $1.38M | $2.16M | $5.37M | $4.93M | $3.32M | $2.54M | $2.23M | -$21.17M |
| Interest Income | $37.29M | $34.04M | $29.96M | $29.51M | $30.34M | $32.18M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$6.66M | -$7.14M | -$7.47M | -$3.34M | -$1.38M | -$2.16M | $0 | -$4.93M | $5.4M | -$2.54M | -$2.23M | -$21.17M |
| Income Before Tax (EBT) | $34.22M | $39.71M | $42.23M | -$57.55M | $22.33M | -$1.49M | $78M | -$26.88M | $49.43M | $76.64M | -$47.39M | -$17.18M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$161K | -$53K | $0 | $0 | $0 |
| Net Income | $34.22M | $39.71M | $42.23M | -$57.55M | $22.33M | -$1.49M | $78M | -$26.88M | $49.43M | $76.64M | -$47.39M | -$17.18M |
| Net Income Margin | 96.5% | 155.3% | 227.8% | -597.3% | 42.7% | -512.1% | 99.5% | 101.5% | 99.1% | 464.1% | -239.4% | -347.6% |
| Supplementary Data | ||||||||||||
| EPS | 1.22 | 1.71 | 1.82 | -2.48 | 0.96 | -0.06 | 3.37 | -1.16 | 2.13 | 3.30 | -2.03 | -0.54 |
| Diluted EPS | 1.22 | 1.71 | 1.82 | -2.48 | 0.96 | -0.06 | 3.37 | -1.16 | 2.13 | 3.30 | -2.03 | -0.74 |
| Weighted Average OS | 28.13M | 23.18M | 23.20M | 23.18M | 23.18M | 23.18M | 23.18M | 23.17M | 23.21M | 23.23M | 23.33M | 23.33M |
| EBITDA | $40.86M | $46.85M | $49.7M | -$53.98M | $23.94M | -$3.82M | $78.17M | -$21.95M | $52.75M | $76.64M | -$47.39M | -$38.35M |
| EBITDA Margin | 115.2% | 183.2% | 268.1% | -560.2% | 45.8% | -1314.0% | 99.8% | 82.9% | 105.8% | 464.1% | -239.4% | -775.8% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
| Assets | ||||||||||||
| Current Assets | ||||||||||||
| Cash and Cash Equivalents | $0 | $0 | $35 | $360K | $2.17M | $950K | $147K | $218K | $13K | $59K | $177K | $3.48M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $0 | $0 | $35 | $360K | $2.17M | $950K | $147K | $218K | $13K | $59K | $177K | $3.48M |
| Accounts Receivable | $8.41M | $9.95M | $8.46M | $8.51M | $9.84M | $12.06M | $11.35M | $9.58M | $10.28M | $9.86M | $10.76M | $10.59M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $11.5M | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | -$13.01M | -$11.5M | -$9.8M | -$10.29M | -$9.92M | -$10.93M | $0 |
| Total Current Assets | $8.41M | $9.95M | $8.46M | $8.87M | $12.01M | $0 | $11.5M | $9.8M | $10.29M | $10.87M | $12.43M | $14.07M |
| Long-Term Assets | ||||||||||||
| Property, Plant & Equipment Net | $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 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $550.53M | $452.9M | $427.13M | $423.25M | $536.07M | $539.05M | $587.06M | $536.87M | $595.57M | $569.91M | $534.33M | $670.53M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $40K | $57K | $390K | $427.49M | $550.34M | $0 | $0 | -$536.87M | -$595.57M | -$900K | -$628K | -$670.53M |
| Total Long-Term Assets | $550.57M | $452.96M | $427.52M | $423.25M | $536.07M | $539.05M | $587.06M | $536.87M | $595.57M | $569.01M | $533.7M | $670.53M |
| Other Assets | $0 | $0 | $0 | $171K | $4.43M | $556.3M | $512K | $256K | $251K | $1.06M | $977K | $1.31M |
| Total Assets | $558.98M | $462.91M | $435.98M | $432.29M | $552.51M | $556.3M | $599.07M | $546.93M | $606.12M | $580.94M | $547.11M | $685.91M |
| Liabilities | ||||||||||||
| Current Liabilities | ||||||||||||
| Accounts Payable | $10.56M | $14.7M | $1.32M | $3.83M | $3.12M | $4.38M | $2K | $2K | $24K | $0 | $0 | $0 |
| Short-Term Debt | $127.17M | $105.53M | $121M | $127.24M | $159M | $149.2M | $175.2M | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $119.68M | -$123.41M | -$155.88M | -$144.82M | -$175.2M | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$10.94M | -$1.55M | -$244.15M | -$7.99M | -$3.12M | -$8.76M | -$2K | -$36K | -$43K | $2.06M | $1.93M | $5.04M |
| Total Current Liabilities | $127.17M | $14.7M | $1.32M | $3.83M | $3.12M | $0 | $2K | $2K | $24K | $2.06M | $2.2M | $5.04M |
| Long-Term Liabilities | ||||||||||||
| Long-Term Debt | $0 | $125.65M | $121M | $127.24M | $159M | $0 | $0 | $0 | $0 | $164.8M | $170.5M | $56M |
| Long-Term Unearned Revenue | $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 |
| Other Long-Term Liabilities | $44.19M | $1.7M | $3.71M | $4.73M | $4.91M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $44.19M | $127.35M | $124.71M | $131.97M | $163.91M | $149.2M | $175.2M | $175.2M | $175.2M | $164.8M | $170.5M | $56M |
| Other Liabilities | $0 | $0 | $0 | $128.15M | $160.79M | $163M | $3.39M | $643K | $833K | $0 | $0 | $0 |
| Total Liabilities | $171.36M | $142.05M | $126.04M | $135.8M | $167.03M | $163M | $178.59M | $175.84M | $176.06M | $166.86M | $172.7M | $61.04M |
| Stockholders' Equity | ||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $90.62M | $64.39M | $114.6M | $0 | $0 | $0 | $0 |
| Common Stock | $281K | $232K | $232K | $232K | $232K | $232K | $232K | $232K | $232K | $232K | $233K | $321K |
| Retained Earnings | -$130.92M | -$137.7M | -$151.24M | -$171.51M | -$91.02M | -$90.62M | -$64.39M | -$114.6M | -$848K | -$1.62M | -$2.32M | -$1.41M |
| Comprehensive Income & Other | $27K | $0 | $0 | $0 | $0 | -$90.62M | -$64.39M | -$114.6M | -$57.35M | -$74.9M | -$115.75M | $0 |
| Other Stockholders' Equity | $518.25M | $458.33M | $460.95M | $467.77M | $476.26M | $483.68M | $484.64M | $485.45M | $430.67M | $415.47M | $376.49M | $625.97M |
| Total Equity | $387.62M | $320.86M | $309.94M | $296.49M | $385.47M | $393.3M | $420.48M | $371.08M | $430.06M | $414.08M | $374.4M | $624.88M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $558.98M | $462.91M | $435.98M | $432.29M | $552.51M | $556.3M | $599.07M | $546.93M | $606.12M | $580.94M | $547.11M | $685.91M |
| Supplementary Data | ||||||||||||
| Total Debt | $127.17M | $125.65M | $121M | $127.24M | $159M | $149.2M | $175.2M | $175.2M | $175.2M | $164.8M | $170.5M | $56M |
| Net Debt | $127.17M | $125.65M | $121M | $126.88M | $156.83M | $148.25M | $175.05M | $174.98M | $175.19M | $164.74M | $170.32M | $52.52M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
| Operating Activities | ||||||||||||
| Net Income | $34.22M | $39.71M | $42.23M | -$57.55M | $22.33M | -$1.49M | $78M | -$26.88M | $49.43M | $76.64M | -$47.39M | -$17.18M |
| Depreciation & Amortization | $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 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||
| Accounts Receivable | $1.55M | -$1.49M | $50K | $1.33M | $2.22M | $3.66M | -$1.77M | $696K | -$413K | $893K | $503K | $0 |
| Inventory | $0 | $0 | $0 | -$200K | $0 | $0 | $0 | $0 | $285K | $0 | $0 | $0 |
| Accounts Payable | -$3.96M | $13.9M | -$2.96M | $364K | -$1.22M | -$39K | $29K | -$23K | $33K | $12K | -$2.88M | $0 |
| Other Working Capital | $375K | -$151K | $215K | $692K | -$28K | -$22K | $35K | -$73K | $546K | $325K | -$2.39M | $0 |
| Total Working Capital Change | -$2.04M | $12.26M | -$2.69M | $2.19M | $972K | $3.6M | -$1.71M | $600K | $166K | $1.23M | -$4.77M | -$114.88M |
| Other Non-Cash Items | -$8.31M | -$14.59M | -$21.16M | $108.59M | -$1.58M | $54.12M | -$47.51M | $58.57M | -$26.59M | -$44.05M | $89.54M | $133.75M |
| Net Cash from Operating | $23.87M | $37.38M | $18.38M | $53.22M | $21.72M | $56.23M | $28.78M | $32.29M | $23.01M | $34.72M | $35.01M | $1.69M |
| Investing Activities | ||||||||||||
| Capital Expenditures | $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 |
| Purchases of Investments | -$358.34M | -$397.97M | -$143.01M | -$116.66M | -$461.25M | -$171.56M | -$244.42M | -$345.24M | -$445.18M | -$255.02M | -$378.32M | $0 |
| Sales of Investments | $262.89M | $401.41M | $150.82M | $151.87M | $459.63M | $208.67M | $244.35M | $351.32M | $438.13M | $262.75M | $408.19M | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$95.44M | $3.44M | $7.81M | $35.21M | -$1.62M | $37.11M | -$73K | $6.07M | -$7.05M | $7.73M | $29.87M | $0 |
| Financing Activities | ||||||||||||
| Debt Repaid | -$34.14M | -$4.53M | $6M | $32M | -$9.8M | $26M | - | - | -$10.4M | $5.7M | -$114.5M | - |
| Common Stock Issuance | $61.81M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5.7M | $38.81M | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$757K | $0 | -$1.53M | -$164.24M | $0 |
| Dividends Paid | -$29.3M | -$28.79M | -$28.79M | -$31.43M | -$30.15M | -$25.69M | -$28.6M | -$31.34M | -$33.45M | -$35.7M | -$38.57M | $0 |
| Other Financing Activities | -$1.23M | -$1.94M | -$1.23M | $4.16M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $65.42M | -$26.2M | -$36.02M | -$59.27M | -$20.35M | -$51.69M | -$28.6M | -$32.1M | -$23.05M | -$42.93M | -$88.31M | $0 |
| Forex Effect | $6.15M | -$14.63M | $9.47M | -$35.21M | $1.62M | -$37.11M | $73K | -$6.07M | $7.05M | $457K | $21.83M | $0 |
| Net Change in Cash | $0 | -$35 | -$360K | -$6.04M | $1.37M | $4.54M | $183K | $197K | -$46K | -$118K | -$3.3M | $1.69M |
| Supplementary Data | ||||||||||||
| Operating Cash Flow | $23.87M | $26.2M | $18.38M | $53.22M | $21.72M | $56.23M | $28.78M | $32.29M | $23.01M | $34.72M | $35.01M | $1.69M |
| Capital Expenditure | -$3 | $3 | $0 | -$5 | $0 | -$3 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $23.87M | $26.2M | $18.38M | $53.22M | $21.72M | $56.23M | $28.78M | $32.29M | $23.01M | $34.72M | $35.01M | $1.69M |
| Cash at Beginning | $0 | $35 | $360K | $6.4M | $5.04M | $498K | $315K | $118K | $59K | $177K | $3.48M | $0 |
| Cash at End | $0 | $0 | $35 | $360K | $6.4M | $5.04M | $498K | $315K | $13K | $59K | $177K | $1.69M |