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Deutsche Global High Income Fund, Inc.
Ticker Symbol: LBF* CUSIP: 25158V108 Previous CUSIP: 23338W104 Exchange: NYSE
* NOTE: This security is no longer trading as of 9/08/2017
Company's Online Profile
FUND DESCRIPTION: Deutsche Global High Income Fund, Inc., formerly DWS Global High Income Fund, Inc., formerly Scudder Global High Income Fund, Inc., is an exchange-traded closed-end fund (CEF) or a closed-end ETF that is officially described as a non-diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The Deutsche Global High Income Fund, Inc. seeks high current income as its primary objective and capital appreciation as a secondary objective. FUND STRATEGY: The Fund invests principally in a portfolio of global high income securities and, to a limited extent, emerging country equity securities and is a vehicle for international investment through participation in the economies of both developed and developing countries throughout the world. FUND MANAGEMENT: Deutsche Investment Management Americas, Inc. serves as the investment manager to the Fund.
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Notes: May 17, 2017 -- Deutsche Global High Income Fund, Inc. (NYSE:LBF) announced today that its Board of Directors has approved a Plan of Liquidation and Dissolution for the Fund related to the previously approved liquidation of the Fund to occur on or before September 30, 2017. As further described below, pursuant to the Plan a final liquidating distribution is expected to be made on or about September 15, 2017. Under the terms of the Plan, the “Cessation Date” for the Fund’s planned liquidation is expected to occur on or about September 8, 2017. As provided in the Plan, at the close of business on the Cessation Date, the Fund will cease to engage in any business activities, except for the purpose of liquidating and winding up its affairs, and the books of the Fund will be closed. Effective the business day following the Cessation Date, the Fund’s shares will not be transferable (except for the settlement of prior transactions), and it is anticipated that trading in the Fund’s shares on the New York Stock Exchange will cease. The Fund will subsequently seek to reduce all remaining portfolio securities to cash or cash equivalents and make a final liquidating distribution to shareholders on or about September 15, 2017. All Fund shareholders as of the close of business on the Cessation Date will be entitled to receive a liquidating distribution. The Cessation Date may be extended if necessary or appropriate in connection with the orderly liquidation of the Fund or to protect the interests of Fund shareholders.
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IPO - 7/24/1992 -
Previous Name: DWS Global High Income Fund, Inc. Changed: 8/11/2014
Micro Cap Stock -
Market Value $53.6 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 345 Park Avenue, New York, NY 10154 |
| Main Phone Number |
212-250-3220 |
| Fax Number |
Not Available |
| Investor Contact
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800-349-4281
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| Toll Free Phone Number |
800-349-4281 |
| CEO - Brian E. Binder |
CFO - Paul Schubert |
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