Global High Income Fund Inc. Announces Timing of Liquidating Distribution to Shareholders


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


NEW YORK--(BUSINESS WIRE)--

Global High Income Fund Inc. (the "Fund") (NYSE: GHI) today announced the timing of the payment of the final liquidating distribution to shareholders. As previously announced, these steps are being taken in connection with the liquidation of the Fund pursuant to a Plan of Liquidation approved by shareholders on February 18, 2016.

The Fund will pay a final liquidating distribution to shareholders consisting of a pro rata portion of the remaining assets of the Fund (plus accumulated but unpaid dividends up to and including the record date for the distribution) on April 18, 2016, to shareholders of record as of April 11, 2016. All shareholders as of the close of business on April 11, 2016 are entitled to receive a liquidating distribution. It is anticipated that trading on the New York Stock Exchange in shares of the Fund's common stock will cease on April 12, 2016 (i.e., the last day of trading will be April 11, 2016).

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UBS Asset Management
Closed-End Funds Desk: 888-793 8637
ubs.com


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: Press Releases