Western Asset Global High Income Fund Inc Common Stock (EHI)

FairStock Score: 61/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I start by asking what I own. This is not an operating business but a closed-end fund that buys global high-income bonds, including below-investment-grade debt. Its edge is mainly managerial skill and the closed-end structure, not a durable moat like a brand or low-cost production. At the close on 2026-10-13, the shares were $5.40, with a market cap of $186.2M. FairStock calculations show P/B 0.82 and P/E 7.61, while the Graham Number is $10.23, giving a 47.21% margin of safety. A 15.14% dividend yield is eye-catching, and beta of 0.79 suggests less market sensitivity. Yet the quality signals are poor: Piotroski F-Score 1/9 and Altman Z-Score 0.54 point to financial weakness, and ROCE of 4.56% is modest even though ROE is 10.82%. Debt-to-equity of 0.42 suggests leverage, which can magnify bond-market losses. The 52-week range of $5.32-$6.55 shows the price near its low. No Lynch category can be assigned because only 0 years of filed results are available and three are needed. Growth is N/A in the data. Cheapness is real on these inputs, but a high distribution can be a warning as much as a reward. I would want evidence that payouts are covered and that credit losses are contained.

In plain English: This fund invests in higher-yielding bonds around the world, including lower-rated ones. The numbers are mixed: it pays a very high dividend, but financial strength checks look weak and there is little filed history in the data. The shares look cheap compared with the fund’s accounting value and earnings, though a yield that high can signal extra risk.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer