Certain Deutsche Closed-End Funds Announce Annual Meeting of Stockholders
June 26 2015 - 5:00PM
Business Wire
Deutsche Global High Income Fund, Inc. (NYSE: LBF) and
Deutsche High Income Opportunities Fund, Inc. (NYSE: DHG) (each, a
“Fund,” and, collectively, the “Funds”) announced that the
Annual Meeting of Stockholders for each Fund will be held on
September 30, 2015 at the offices of Deutsche Investment Management
Americas Inc., 345 Park Avenue, New York, NY 10154. Holders of
record of common shares of the Funds at the close of business on
July 8, 2015 are entitled to vote at the annual meeting and any
adjournments or postponements thereof.
For more information on the Funds, including their most recent
month-end performance, visit www.deutschefunds.com or call (800)
349-4281.
Important Information
Deutsche Global High Income Fund, Inc. seeks high current
income with a secondary objective of capital appreciation.
Bond investments are subject to interest-rate, credit, liquidity
and market risks to varying degrees. When interest rates rise, bond
prices generally fall. Credit risk refers to the ability of an
issuer to make timely payments of principal and interest. Floating
rate loans tend to be rated below-investment-grade and may be more
vulnerable to economic or business changes than issuers with
investment-grade credit. Investing in foreign securities,
particularly those of emerging markets, presents certain risks,
such as currency fluctuations, political and economic changes, and
market risks. Leverage results in additional risks and can magnify
the effect of any gains or losses.
Deutsche High Income Opportunities Fund, Inc. seeks high
current income with a secondary objective of total return. The Fund
pursues its investment objectives by investing primarily in
securities designed to generate income, with the potential for
capital appreciation being a secondary consideration. The
Fund may invest in a broad range of income-producing securities,
including, but not limited to, domestic and foreign debt securities
of any credit quality or maturity (including below investment grade
debt securities and debt securities of issuers located in countries
with new or emerging securities markets), convertible securities
(including convertible bonds), dividend-paying common stocks,
preferred stocks, and securities of real estate investment trusts
(“REITS”), energy trusts and other investment companies. The
Fund may invest in debt securities not paying interest currently
and securities in default. In addition, the Fund may invest
in senior bank loans, including bank loan participations and
assignments. The Fund may buy or sell protection on credit exposure
and may also purchase securities on a when-issued basis and engage
in short sales. The Fund may invest in cash or money market
instruments in the event portfolio management determines that
securities meeting the Fund’s investment objectives are not readily
available for purchase. Future earnings of the Fund cannot be
guaranteed and the Fund's dividend policy is subject to change. Any
fund that concentrates in a particular segment of the market will
generally be more volatile than a fund that invests more broadly.
Bond investments are subject to interest-rate, credit, liquidity
and market risks to varying degrees. When interest rates rise, bond
prices generally fall. Credit risk refers to the ability of an
issuer to make timely payments of principal and interest.
Investments in lower-quality (“junk bonds”) and non-rated
securities present greater risk of loss than investments in
higher-quality securities. There are special risks associated with
an investment in real estate, including REITs. These risks include
credit risk, interest rate fluctuations and the impact of varied
economic conditions. Stocks may decline in value. Investing
in foreign securities, particularly those of emerging markets,
presents certain risks, such as currency fluctuations, political
and economic changes, and market risks. Investing in derivatives
entails special risks relating to liquidity, leverage and credit
that may reduce returns and/or increase volatility. Leverage
results in additional risks and can magnify the effect of any gains
or losses.
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 bought and sold in the open market
through a stock exchange. Shares of closed-end funds frequently
trade at a discount to the net asset value. The price of a fund’s
shares is determined by a number of factors, several of which are
beyond the control of the fund. Therefore, a fund cannot predict
whether its shares will trade at, below or above net asset
value.
Past performance is no guarantee of future results.
This press release shall not constitute an offer to sell or a
solicitation to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer or
solicitation or sale would be unlawful prior to registration or
qualification under the laws of such state or jurisdiction.
NOT FDIC/ NCUA INSURED • MAY LOSE VALUE
• NO BANK GUARANTEE
NOT A DEPOSIT • NOT INSURED BY ANY
FEDERAL GOVERNMENT AGENCY
Deutsche Asset & Wealth Management represents the asset
management and wealth management activities conducted by Deutsche
Bank AG or any of its subsidiaries. Clients will be provided
Deutsche Asset & Wealth Management products or services by one
or more legal entities that will be identified to clients pursuant
to the contracts, agreements, offering materials or other
documentation relevant to such products or services. (R-38397-1)
(6/15)
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version on businesswire.com: http://www.businesswire.com/news/home/20150626005735/en/
For additional
information:Deutsche Bank Press
Office212-250-5536orShareholder Account
Information800-294-4366orDeutsche Closed-End
Funds800-349-4281
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