Business Description
Western Asset Global High Income Fund Inc is a US-based closed-end fund that invests in bonds across world markets, targeting a mix of high-yield, investment-grade, and emerging market debt. Managed by Legg Mason Partners Fund Advisor alongside several Western Asset Management entities, the fund focuses on undervalued bonds rated an average of BB with a relatively short average duration of 3.8 years. Founded in 2003 and formerly known as Salomon Brothers Global High Income Fund Inc, it measures its results against several major bond market benchmarks.
