JGH - JGH: I'd Move On
Main Thesis
The purpose of this article is to explain why I believe the Nuveen Global High Income Fund (JGH) is not the best investment option at its current market price. While the fund continues to trade at an above-average discount to its net asset value ((NAV)), other signs tell me there is a lot of risk going forward. My biggest problem with the fund during past reviews was its lack of income production. That still concern remains, but it has already impacted the fund more broadly as there was a distribution cut