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Nuveen Global High Income Fund of Beneficial Interest
Main Thesis
The purpose of this article is to evaluate the Nuveen Global High Income Fund (JGH) as an investment option at its current market price. While I had been shunning high yield earlier in the year, in favor of municipal debt, preferred securities, and CEFs with a mortgage focus, I am beginning to see more value in the speculative-grade corporate sector. While I would not recommend going "all-in" on this sector now, given the uncertainty surrounding the economic conditions in the U.S. and around the globe, there are plenty of funds out