- CEO
- John T. Fruit
- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 333 West Wacker Drive Chicago IL United States of America 60606-1220
- IPO Date
- Nov 24, 2014
- Business
- Nuveen Global High Income Fund (NYSE: JGH) is a diversified closed-end management investment company that seeks to provide a high level of current income through a global high-income strategy investing primarily in below-investment-grade securities rated BB/Ba or lower. The Fund offers exposure to a diversified portfolio of high-yield bonds from the U.S., developed markets, and emerging markets; non-U.S. high-yield bonds; corporate debt securities; U.S. and foreign government debt securities; mortgage- and asset-backed securities; preferred securities; secured and unsecured loans; and convertible debt securities, with managed assets including at least 65% in securities rated below investment grade, up to 15% in unhedged non-U.S. dollar denominated bonds, and the use of leverage including borrowings and reverse repurchase agreements. It benchmarks performance against the Bloomberg Global High Yield Index (USD Hedged) and targets income-focused investors seeking global fixed income opportunities across the capital structure and credit spectrum, with portfolio allocations emphasizing sectors such as banks, energy, health care equipment and services, utilities, and sovereign debt from countries including the United States, Mexico, Turkey, Colombia, and others.
Formed on August 5, 2014 and headquartered at 333 West Wacker Drive, Chicago, Illinois, the Fund is managed by Nuveen Fund Advisors, LLC, with co-management by Nuveen Asset Management, LLC.
In recent developments, the Fund completed a transferable rights offering in November 2025, issuing approximately 4.9 million common shares at $12.49 per share (90% of net asset value), generating gross proceeds of about $61.8 million to expand investments in high-yield global securities while maintaining tax efficiency. Effective April 30, 2025, it removed investment policy limits on emerging markets debt (previously 25% of managed assets) and minimum non-U.S. securities exposure (previously 40%), enhancing portfolio flexibility. Portfolio manager changes included the addition of Mark Zheng and James Kim on February 11, 2025; Aashh Parekh on June 30, 2025; and the retirement of Kevin Lorenz on July 1, 2025, with no expected impact on the investment strategy.