Western Asset Municipal High Income Fund Inc. (MHF) To Go Ex-Dividend on January 23rd

Western Asset Municipal High Income Fund Inc. (NYSE:MHF) declared a monthly dividend on Thursday, November 20th. Stockholders of record on Friday, January 23rd will be given a dividend of 0.034 per share by the financial services provider on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date is Friday, January 23rd.

Western Asset Municipal High Income Fund Stock Performance

Western Asset Municipal High Income Fund stock opened at $6.91 on Wednesday. The business has a 50 day simple moving average of $6.94 and a 200-day simple moving average of $7.00. Western Asset Municipal High Income Fund has a 12 month low of $6.61 and a 12 month high of $7.82.

Institutional Trading of Western Asset Municipal High Income Fund

Several hedge funds have recently made changes to their positions in MHF. Bartlett & CO. Wealth Management LLC boosted its holdings in shares of Western Asset Municipal High Income Fund by 68.8% in the third quarter. Bartlett & CO. Wealth Management LLC now owns 4,220 shares of the financial services provider’s stock valued at $31,000 after acquiring an additional 1,720 shares in the last quarter. Osaic Holdings Inc. lifted its position in Western Asset Municipal High Income Fund by 113.9% in the second quarter. Osaic Holdings Inc. now owns 7,323 shares of the financial services provider’s stock valued at $51,000 after purchasing an additional 3,900 shares during the period. International Assets Investment Management LLC purchased a new stake in Western Asset Municipal High Income Fund in the 3rd quarter valued at approximately $71,000. Private Advisor Group LLC purchased a new stake in Western Asset Municipal High Income Fund in the 3rd quarter valued at approximately $73,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in Western Asset Municipal High Income Fund during the 4th quarter worth approximately $73,000.

About Western Asset Municipal High Income Fund

Western Asset Municipal High Income Fund Inc is a closed-end management investment company that seeks to provide high current income exempt from federal income taxes. The fund primarily invests in U.S. municipal securities, with an emphasis on high-yield bonds issued by state and local governments, authorities and agencies. Its portfolio may include general obligation bonds, revenue bonds, pre-refunded bonds, insured securities and variable-rate instruments, with the goal of delivering attractive tax-advantaged yields for shareholders.

The fund is managed by Western Asset Management Company, LP, a global fixed-income specialist and subsidiary of Franklin Resources, Inc Western Asset’s investment team employs a disciplined, research-driven approach, combining top-down macroeconomic analysis with bottom-up credit research to identify opportunities across the municipal bond market.