JGH
Nuveen Global High Income Fund12.43
-0.02-0.16%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
290.93MP/E (TTM)
7.63Basic EPS (TTM)
1.63Dividend Yield
0%Recent Filings
8-K
JGH eases emerging markets cap
Nuveen Global High Income Fund (JGH) is ditching its old investment limits effective April 30, 2025, to chase more emerging markets debt opportunities while still aiming for at least 30% of managed assets in non-U.S. securities. It's also adding CLOs, CDOs, and catastrophe bonds to its portfolio mix, ramping up exposure to higher-risk, income-generating assets. These shifts introduce fresh risks like trigger-event losses and collateral defaults. Volatility ahead.
8-K
Portfolio manager departs
Nuveen Global High Income Fund announced on April 5, 2024, that Jacob Fitzpatrick stepped down as portfolio manager, effective immediately. The Fund's investment objectives and policies remain unchanged, ensuring continuity in its high-income strategy. No successor was named. Stability holds amid the transition.
8-K
By-laws drop control share rules
Nuveen Global High Income Fund eliminated its suspended 'control share' provisions from the by-laws on February 28, 2024, effective immediately. Previously suspended since February 24, 2022, these rules had limited shareholder voting power on large stakes. The update streamlines governance without other changes. This simplifies potential activist involvement.
8-K
Board consolidation for efficiencies
Nuveen Global High Income Fund announced board consolidation across its fund complex on October 13, 2023, effective January 1, 2024, to streamline operations and cut costs for shareholders. The board shrinks to ten members, appointing experienced independents Thomas J. Kenny and Loren M. Starr while retiring Jack B. Evans and William C. Hunter. Consultants Joseph A. Boateng and Michael A. Forrester will advise. This unification boosts efficiencies yet demands smooth transitions.
8-K
By-laws suspend control share
On February 24, 2022, Nuveen Global High Income Fund's Board amended its by-laws to suspend the control share provision, following a U.S. District Court ruling on February 18 that deemed it invalid under the 1940 Act. The move, prompted by a Saba Capital lawsuit, temporarily halts restrictions on voting rights for large shareholders while the Board appeals to safeguard long-term investor interests against short-term hedge fund pressures. This protects income strategies. Appeal underway.
IPO
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