Raymond James Financial Inc. bought a new position in shares of Western Asset Municipal High Income Fund Inc. (NYSE:MHF - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 965,981 shares of the financial services provider's stock, valued at approximately $6,569,000.
Several other hedge funds have also recently modified their holdings of MHF. Vista Investment Partners II LLC purchased a new stake in Western Asset Municipal High Income Fund in the 4th quarter valued at about $81,000. Commonwealth Equity Services LLC acquired a new position in Western Asset Municipal High Income Fund during the 4th quarter valued at approximately $93,000. PKS Advisory Services LLC acquired a new position in shares of Western Asset Municipal High Income Fund in the 4th quarter valued at $95,000. Independent Advisor Alliance acquired a new position in Western Asset Municipal High Income Fund in the 4th quarter worth approximately $128,000. Finally, Collaborative Wealth Managment Inc. acquired a new stake in shares of Western Asset Municipal High Income Fund in the fourth quarter worth $133,000.
Western Asset Municipal High Income Fund Price Performance
Shares of NYSE:MHF remained flat at $7.11 during trading on Tuesday. 10,958 shares of the stock traded hands, compared to its average volume of 71,434. Western Asset Municipal High Income Fund Inc. has a 52-week low of $6.51 and a 52-week high of $7.83. The business's 50-day simple moving average is $7.34 and its two-hundred day simple moving average is $7.17.
Western Asset Municipal High Income Fund Dividend Announcement
The firm also recently announced a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were paid a dividend of $0.034 per share. The ex-dividend date of this dividend was Monday, March 24th. This represents a yield of 5.34%.
About Western Asset Municipal High Income Fund
(
Free Report)
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.
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