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. territories and possessions, political subdivisions, agencies and public authorities. The fund seeks to invest in investment grade debt securities rated in one of the four highest rating categories by a nationally recognized statistical rating organization to create its portfolio. It benchmarks the performance of its portfolio against the Lehman Brothers Municipal Bond Index. The fund was formerly known as Municipal High Income Fund Inc. Western Asset Municipal High Income Fund Inc. was formed on November 28, 1988 and is domiciled in the United States.
Industry, Sector and Symbol
Industry Investment offices, not elsewhere classified
Sub-IndustryN/A
SectorFinance
WebN/A
PhoneN/A
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
EmployeesN/A
Next Earnings DateN/A
OptionableNot Optionable
Western Asset Municipal Hgh Incm Fnd (NYSE:MHF) Frequently Asked Questions
What is Western Asset Municipal Hgh Incm Fnd's stock symbol?
Western Asset Municipal Hgh Incm Fnd trades on the New York Stock Exchange (NYSE) under the ticker symbol "MHF."
How often does Western Asset Municipal Hgh Incm Fnd pay dividends? What is the dividend yield for Western Asset Municipal Hgh Incm Fnd?
Western Asset Municipal Hgh Incm Fnd declared a monthly dividend on Wednesday, May 22nd. Stockholders of record on Friday, August 23rd will be given a dividend of $0.0255 per share on Tuesday, September 3rd. This represents a $0.31 annualized dividend and a dividend yield of 4.09%. The ex-dividend date of this dividend is Thursday, August 22nd. View Western Asset Municipal Hgh Incm Fnd's Dividend History.
Has Western Asset Municipal Hgh Incm Fnd been receiving favorable news coverage?
News coverage about MHF stock has been trending somewhat negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Western Asset Municipal Hgh Incm Fnd earned a news sentiment score of -1.8 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near future.
Who are some of Western Asset Municipal Hgh Incm Fnd's key competitors?
Some companies that are related to Western Asset Municipal Hgh Incm Fnd include Templeton Dragon Fund (TDF), Invesco California Value Mncpl Incm Trst (VCV), Western Asset Managed Municipals Fnd (MMU), John Hancock Financial Opprts Fund (BTO), The India Fund (IFN), BlackRock Debt Strategies Fund (DSU), Blackrock Muniassets Fund (MUA), Putnam Premier Income Trust (PPT), Nuveen Pennsylvania Invsmt Qlty Mncpl Fd (NQP), BlackRock MuniYield New York Insured Fnd (MYN), Dreyfus Strategic Muni. (LEO), BlackRock MuniHolding Insured Investm (MFL), Dreyfus Strategic Municipal Bond Fund (DSM), Eaton Vance Municipal Income Trust (EVN) and Blackrock Muniyld California Quty Fd (MCA).
What other stocks do shareholders of Western Asset Municipal Hgh Incm Fnd own?
Who are Western Asset Municipal Hgh Incm Fnd's key executives?
Western Asset Municipal Hgh Incm Fnd's management team includes the folowing people:
- Mr. Kenneth Donald Fuller, Chairman, Chief Exec. Officer and Pres (Age 61)
- Mr. Richard F. Sennett, Chief Financial Officer (Age 49)
- Mr. Andrew B. Shoup, Chief Admin. Officer and Sr. VP (Age 63)
- Mr. Robert I. Frenkel, Chief Legal Officer and Sec. (Age 65)
- Mr. Theodore Paul Becker, Chief Compliance Officer (Age 68)
Who are Western Asset Municipal Hgh Incm Fnd's major shareholders?
Western Asset Municipal Hgh Incm Fnd's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Raymond James Financial Services Advisors Inc. (1.68%), Raymond James & Associates (1.44%), Envestnet Asset Management Inc. (1.01%), Morgan Stanley (0.95%), Wells Fargo & Company MN (0.88%) and Thomas J. Herzfeld Advisors Inc. (0.31%). View Institutional Ownership Trends for Western Asset Municipal Hgh Incm Fnd.
Which institutional investors are selling Western Asset Municipal Hgh Incm Fnd stock?
Which institutional investors are buying Western Asset Municipal Hgh Incm Fnd stock?
MHF stock was purchased by a variety of institutional investors in the last quarter, including Thomas J. Herzfeld Advisors Inc., Envestnet Asset Management Inc., Coastal Investment Advisors Inc., Raymond James & Associates, Janney Montgomery Scott LLC, Raymond James Financial Services Advisors Inc., Calton & Associates Inc. and Ackerman Capital Advisors LLC. View Insider Buying and Selling for Western Asset Municipal Hgh Incm Fnd.
How do I buy shares of Western Asset Municipal Hgh Incm Fnd?
Shares of MHF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Western Asset Municipal Hgh Incm Fnd's stock price today?
One share of MHF stock can currently be purchased for approximately $7.4802.
How big of a company is Western Asset Municipal Hgh Incm Fnd?
Western Asset Municipal Hgh Incm Fnd has a market capitalization of $161.82 million.
MarketBeat Community Rating for Western Asset Municipal Hgh Incm Fnd (NYSE MHF)
MarketBeat's community ratings are surveys of what our community members think about Western Asset Municipal Hgh Incm Fnd and other stocks. Vote "Outperform" if you believe MHF will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MHF will underperform the S&P 500 over the long term. You may vote once every thirty days.
