DWS Global High Income Fund, Inc. Announces Distribution
NEW YORK--(Business Wire)--The DWS Global High Income Fund, Inc. (NYSE: LBF) declared a
distribution of $0.15 per share, payable on January 10, 2008 to
stockholders of record at the close of business on December 31, 2007.
The ex-date will be December 27, 2007. The previous quarterly dividend
amount was $0.15 per share.
The current distribution rate represents an annualized yield of
7.13% based on the December 20, 2007 closing market price of $8.41 and
a 6.07% yield based on the NAV of $9.88 on that same day. Both the
distribution rate and the yield are based on current market conditions
and may not be indicative of future performance.
For more information on the Fund please contact a representative
at (800) 349-4281 or visit us on the web at www.cef.dws-scudder.com
for updated information on the Fund.
DWS Global High Income Fund, Inc. is a non-diversified closed-end
management investment company. The Fund's primary investment objective
is to seek high current income as its primary objective and capital
appreciation as a secondary objective through investment principally
in global income securities. The Fund invests in individual bonds
whose yields and market values fluctuate. Further, the Fund's
investments in foreign securities are subject to currency fluctuation,
political climate and economic changes, and risk of loss of principle
and interest.
Closed-end funds, unlike open-end funds, are not continuously
offered. There is a one time public offering and once issued, shares
of closed-end funds are sold in the open market through a stock
exchange. Shares of closed-end funds frequently trade at a discount to
net asset value. The price of the fund's shares is determined by a
number of factors, several of which are beyond the control of the
fund. Therefore, the fund cannot predict whether its shares will trade
at, below or above net asset value.
Past performance is no guarantee of future results. Annualized
dividend yield is the latest monthly dividend shown as an annualized
percentage of net asset value/market price at month end. Annualized
dividend yield simply measures the level of dividends and is not a
complete measure of performance. Market price, annualized dividend
yield, net asset value and returns are historical and will fluctuate
and do not guarantee future results. Investments in funds involve
risk. Some funds have more risk than others. These include funds that
allow exposure to or otherwise concentrate investments in certain
sectors, geographic regions, security types, market capitalization or
foreign securities (e.g., political or economic instability, which can
be accentuated in emerging market countries).
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NOT FDIC/ NCUA INSURED -- MAY LOSE VALUE -- NO BANK GUARANTEE
NOT A DEPOSIT -- NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
*T
DWS Scudder is part of Deutsche Asset Management, which is the
marketing name in the US for the asset management activities of
Deutsche Bank AG, Deutsche Bank Trust Company Americas, Deutsche
Investment Management Americas Inc. and DWS Trust Company. Copyright
(C) 2007 DWS Scudder Distributors, Inc.
(MARS 50207 6/07)
Deutsche Bank
Press Office, 212-250-7171, Media
or
Chris Ferreira, 800-349-4281, Investors
Copyright Business Wire 2007
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