TCG Advisory Services LLC Invests $193,000 in Western Asset Municipal High Income Fund Inc. (NYSE:MHF)

TCG Advisory Services LLC purchased a new stake in shares of Western Asset Municipal High Income Fund Inc. (NYSE:MHF) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 30,000 shares of the financial services provider’s stock, valued at approximately $193,000.

Several other large investors have also modified their holdings of MHF. Signaturefd LLC purchased a new position in Western Asset Municipal High Income Fund during the fourth quarter worth about $39,000. Thomas J. Herzfeld Advisors Inc. increased its holdings in Western Asset Municipal High Income Fund by 1,983.5% in the 3rd quarter. Thomas J. Herzfeld Advisors Inc. now owns 52,358 shares of the financial services provider’s stock valued at $319,000 after purchasing an additional 49,845 shares during the last quarter. Hennion & Walsh Asset Management Inc. purchased a new stake in Western Asset Municipal High Income Fund in the third quarter valued at approximately $490,000. Venturi Wealth Management LLC acquired a new position in Western Asset Municipal High Income Fund during the fourth quarter worth $29,000. Finally, Stonebrook Private Inc. acquired a new position in Western Asset Municipal High Income Fund during the 4th quarter worth about $128,000.

Western Asset Municipal High Income Fund Stock Up 0.2 %

NYSE MHF opened at $6.80 on Tuesday. Western Asset Municipal High Income Fund Inc. has a 1-year low of $5.92 and a 1-year high of $6.92. The stock has a 50-day moving average of $6.73 and a two-hundred day moving average of $6.50.

Western Asset Municipal High Income Fund Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, June 3rd. Shareholders of record on Thursday, May 23rd will be paid a $0.034 dividend. This is an increase from Western Asset Municipal High Income Fund’s previous dividend of $0.02. The ex-dividend date is Wednesday, May 22nd.

Western Asset Municipal High Income Fund Company Profile

Western Asset Municipal High Income Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company. The fund invests in the fixed income markets of the United States. It invests primarily in intermediate and long-term municipal debt securities issued by state and local governments including U.S.