Invesco Ltd. Invests $475,000 in Western Asset Municipal High Income Fund Inc. $MHF

Key Points

• Invesco Ltd. has made a new investment of approximately $475,000 in the Western Asset Municipal High Income Fund Inc., acquiring 64,120 shares as of their recent SEC filing.
• Other significant investors, such as Nomura Holdings Inc. and ORG Wealth Partners LLC, have also adjusted their stakes in the fund, with ORG increasing its position by 2,713.5%.
• The fund has announced a monthly dividend of $0.034 per share, with a dividend yield of 5.6%, to be paid on November 3rd.

Invesco Ltd. bought a new stake in Western Asset Municipal High Income Fund Inc. (NYSE:MHF - Free Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 64,120 shares of the financial services provider's stock, valued at approximately $475,000. Invesco Ltd. owned 0.30% of Western Asset Municipal High Income Fund as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Nomura Holdings Inc. acquired a new stake in shares of Western Asset Municipal High Income Fund in the 4th quarter valued at about $79,000. GTS Securities LLC acquired a new stake in shares of Western Asset Municipal High Income Fund in the 4th quarter valued at about $88,000. Wealthcare Advisory Partners LLC boosted its position in shares of Western Asset Municipal High Income Fund by 64.5% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 17,850 shares of the financial services provider's stock valued at $132,000 after purchasing an additional 7,000 shares during the period. Finally, ORG Wealth Partners LLC boosted its position in shares of Western Asset Municipal High Income Fund by 2,713.5% in the 1st quarter. ORG Wealth Partners LLC now owns 70,562 shares of the financial services provider's stock valued at $522,000 after purchasing an additional 68,054 shares during the period.

Western Asset Municipal High Income Fund Price Performance

Shares of NYSE MHF opened at $7.34 on Friday. Western Asset Municipal High Income Fund Inc. has a 52-week low of $6.61 and a 52-week high of $7.82. The business has a 50-day moving average price of $6.90 and a 200 day moving average price of $7.12.

Western Asset Municipal High Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, November 3rd. Investors of record on Friday, October 24th will be given a $0.034 dividend. The ex-dividend date of this dividend is Friday, October 24th. This represents a c) dividend on an annualized basis and a dividend yield of 5.6%.

Western Asset Municipal High Income Fund 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.

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