Fund Description: Western Asset Global High Income Fund, formerly the Salomon Brothers Global High Income Fund Inc., is a non-diversified, closed-end management investment company. <p> INVESTMENT OBJECTIVE: The Fund's primary investment objective is high current income. The Fund's secondary investment objective is total return. <p> FUND STRATEGY: The fund invests in a global portfolio of fixed-income securities. Under normal market conditions, the fund will invest at least 10% and up to 80% of its managed assets in below-investment-grade (high-yield) fixed-income securities issued by corporate issuers, at least 10% and up to 80% of its managed assets in emerging market fixed-income securities, and at least 10% and up to 80% of its managed assets in investment grade fixed-income securities. The fund uses leverage through borrowing, including loans from certain financial institutions, the use of mortgage dollar rolls and reverse purchase agreements, and possibly through the issuance of debt securities or preferred shares, in an aggregate amount up to about 33% of the fund's total assets after such borrowings and/or issuances. <p> FUND MANAGEMENT: Legg Mason Partners Fund Advisor, LLC, a wholly owned subsidiary of Legg Mason, Inc. (NYSE: LM), is the Fund's investment manager, and provides administrative and management services to the Fund. Western Asset Management Company, an affiliate of the adviser, is the Fund's subadviser and is responsible for the day-to-day portfolio management of the Fund.