Market Overview

Western Asset Global High Income Fund Inc. Portfolio Composition as of June 30, 2018

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Western Asset Global High Income Fund Inc. (NYSE:EHI) announces its
portfolio composition as of June 30, 2018.

Investment Objective: The Fund's primary investment objective is
high current income. The Fund's secondary objective is total return.

Portfolio Composition*:

Asset Allocation

High Yield Corporate Bonds

 

47.2%

Emerging Market Debt

33.2%

Sovereign Debt External Currency

19.4%

Corporates External Currency

11.1%

Sovereign Debt Local Currency

2.7%

Bank Loans

12.4%

Investment Grade Corporate Bonds

5.1%

Government

1.4%

Cash & Other Securities

0.7%

 

Credit Quality Allocation**

AA 1.6%
A 1.0%
BBB 18.5%
BB 41.5%
B 26.1%
CCC 8.8%
D 0.3%
Not Rated 2.2%
 

Top Ten High Yield Industries

Communications 11.5%
Energy 8.4%
Consumer Cyclical 6.6%
Banking 4.0%
Capital Goods 3.9%
Consumer Non Cyclical 3.8%
Basic Industry 3.0%
Technology 1.6%
Insurance 1.0%
Transportation 0.8%
 
 

Top Five Emerging Market Countries

Argentina 4.7%
Brazil 3.9%
Russia 3.8%
Mexico 2.8%
Indonesia 2.6%
 

Currency Allocation

US Dollar 97.2%
Russian Ruble 1.2%
Brazilian Real 0.8%
Argentine Peso 0.4%
Uruguayan Peso 0.3%
Euro 0.1%
 

Average Life (years)

6.4

Effective Duration (years)

5.9

Average Coupon (%)

6.1

 

Portfolio Statistics:

 

Inception Date

 

July 28, 2003

Inception Price

 

$15.00

Total Assets

 

$638,439,305

Net Assets***

 

$470,439,305

Loans****

26.31%

Preferred Shares****

0.00%

Reverse Repos****

0.00%
 

Market Price

 

$9.12

NAV

 

$10.48

(Daily NAV is available on market quotation systems using the symbol
XEHIX.)
 
Distribution Rate

 

$0.0610 per share

Frequency

 

Monthly (Declared quarterly, paid monthly)

* Portfolio holdings and weightings are historical and are presented
here for informational purposes only. They are subject to change at any
time. Negative allocations and allocations in excess of 100%, if any,
are primarily due to the Fund's unsettled trade activity.
** Credit
quality is a measure of a bond issuer's ability to repay interest and
principal in a timely manner. The credit ratings shown are based on each
portfolio security's rating as provided by Standard and Poor's, Moody's
Investors Service and/or Fitch Ratings, Ltd. and typically range from
AAA (highest) to D (lowest), or an equivalent and/or similar rating. For
this purpose, when two or more of the agencies have assigned differing
ratings to a security, the lowest rating is used. Securities that are
unrated by all three agencies are reflected as such. The credit quality
of the investments in the Fund's portfolio does not apply to the
stability or safety of the Fund. These ratings are updated monthly and
may change over time. Please note, the Fund itself has not been rated
by an independent rating agency.

*** The difference between
total assets and net assets, if any, is due primarily to the Fund's use
of borrowings; net assets do not include borrowings. The Fund may employ
leverage in the form of loans, preferred stock, reverse repurchase
agreements and/or other instruments. When the Fund engages in
transactions that have a leveraging effect on the Fund's portfolio, the
value of the Fund will be more volatile and all other risks will tend to
be compounded.
**** Percentages are based on total assets. If the
Fund employs leverage, the Effective Duration is based on net assets.

Western Asset Global High Income Fund Inc., a non-diversified closed-end
investment management company traded on the New York Stock Exchange
under the symbol "EHI," is advised by Legg Mason Partners Fund Advisor,
LLC, a wholly owned subsidiary of Legg Mason, Inc., and is sub-advised
by Western Asset Management Company, an affiliate of the advisor.

An investment in the Fund involves risk, including loss of principal.
Investment return and the value of shares will fluctuate. The credit
quality ratings shown may change over time.

Data and commentary provided in this press release are for informational
purposes only. Legg Mason and its affiliates do not engage in selling
shares of the Fund.

For more information, please call Fund Investor Services at
1-888-777-0102, or consult the Fund's web site at http://www.lmcef.com.
Hard copies of the Fund's complete audited financial statements are
available free of charge upon request.

FN1112200

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