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AI brief of an SEC Form 8-K · WESTERN ASSET GLOBAL HIGH INCOME FUND INC. (EHI)

Western Asset Global High Income Fund (EHI) to absorb sister fund GDF via merger

Neutral Impact 3 of 5 restructuring Written later

Both closed-end funds' boards approved a proposal to merge Western Asset Global Partners Income Fund into Western Asset Global High Income Fund, subject to stockholder approval of each fund. If approved, the merger is expected in the second quarter of 2016, and GDF stockholders would receive EHI common stock based on each fund's net asset value per share. The filing states the boards believe the combination may bring economies of scale and greater diversification for stockholders.

Key points

  • Merger proposal approved by both funds' boards on November 16, 2015, subject to stockholder votes
  • Anticipated closing in the second quarter of 2016 if approved
  • As of September 30, 2015, GDF had total assets of about $207 million and EHI about $469 million

The filing

CompanyWESTERN ASSET GLOBAL HIGH INCOME FUND INC. (EHI)
Form8-K, current report
Filed with the SECNov 16, 2015, 4:39 PM ET
Accession number0001193125-15-378490

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 16, 2015.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.