NEW YORK, June 7 /CNW/ - The DWS Global High Income Fund, Inc. (NYSE:
LBF) declared a distribution of $0.15 per share, payable on July 31, 2007 to
stockholders of record at the close of business on July 17, 2007. The ex-date
will be July 13, 2007. The previous quarterly dividend amount was $0.14 per
The current distribution rate represents an annualized yield of 6.38%
based on the June 6, 2007 closing market price of $9.41 and a 5.85% yield
based on the NAV of $10.25 on that same day. Both the distribution rate and
the yield are based on current market conditions and may not be indicative of
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).
NOT FDIC/ NCUA INSURED -- MAY LOSE VALUE -- NO BANK GUARANTEE
NOT A DEPOSIT -- NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
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 24473 6/07)
For further information:
For further information: The DWS Global High Income Fund, Inc. Media:
Mayura Hooper, 212-250-5536 or Investors: Jon Diorio, 800-349-4281