NYSE:MHF

Western Asset Municipal High Income Fund Stock Forecast, Price & News

$7.61

+0.06 (+0.79 %)

(As of 03/5/2021 12:00 AM ET)

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Today's Range

$7.56

Now: $7.61▼

$7.61

50-Day Range

$7.53

MA: $7.80▼

$7.99

52-Week Range

$5.58

Now: $7.61▼

$8.00

Volume27,949 shs

Average Volume38,064 shs

Market Capitalization$164.63 million

P/E RatioN/A

Dividend Yield3.71%

Beta0.21

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.

Headlines

Western Asset Municipal Partners Fund
November 26, 2020 | fool.com

Western Asset Municipal High Income Fund declares $0.0218 dividend
November 19, 2020 | seekingalpha.com

Western Asset Municipal High Income Fund Inc. (MHF)
July 23, 2020 | finance.yahoo.com

Western Asset Municipal High Income Fund Inc. Announces Financial Position as of January 31, 2020
March 25, 2020 | finance.yahoo.com

Western Asset Municipal High Income Fund Inc. Announces Results of Annual Meeting of Shareholders
March 25, 2020 | finance.yahoo.com

Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of December 2019, January and February 2020
November 21, 2019 | finance.yahoo.com

Western Asset Municipal Hgh Incm Fnd Inc
October 8, 2019 | www.reuters.com

Western Asset Municipal High Income Fund Inc. Announces Financial Position as of July 31, 2019
September 11, 2019 | finance.yahoo.com

Western Asset Municipal High Income Fund Inc. Portfolio Composition as of June 30, 2019
July 23, 2019 | finance.yahoo.com

Western Asset Municipal High Income Fund Inc. Portfolio Composition as of March 31, 2019
April 26, 2019 | finance.yahoo.com

Western Asset Municipal High Income Fund Inc. Announces Financial Position as of January 31, 2019
March 27, 2019 | finance.yahoo.com

Western Asset Municipal High Income Fund Inc. Portfolio Composition as of December 31, 2018
January 31, 2019 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Investment offices, not elsewhere classified

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:MHF

Previous Symbol

CUSIPN/A

CIK830487

Webindividualinvestor.myleggmason.com

Phone212-805-6016

EmployeesN/A

Year FoundedN/A

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares21,633,000

Market Cap$164.63 million

Next Earnings DateN/A

OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

0.67 out of 5 stars

Finance Sector

1432nd out of 1,942 stocks

Investment Offices, Not Elsewhere Classified Industry

129th out of 172 stocks

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Western Asset Municipal High Income Fund.

2.5 Community Rank

Outperform Votes
Western Asset Municipal High Income Fund has received 73 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Western Asset Municipal High Income Fund has received 71 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Western Asset Municipal High Income Fund has received 50.69% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Western Asset Municipal High Income Fund 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.

0.8 Dividend Strength

Dividend Yield
Western Asset Municipal High Income Fund pays a meaningful dividend of 3.71%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Western Asset Municipal High Income Fund has only been increasing its dividend for 1 years.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Western Asset Municipal High Income Fund insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

See Top Rated MarketRank™ Stocks Here

$7.61

+0.06 (+0.79 %)

(As of 03/5/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Western Asset Municipal High Income Fund (NYSE:MHF) Frequently Asked Questions

What stocks does MarketBeat like better than Western Asset Municipal High Income Fund?

Wall Street analysts have given Western Asset Municipal High Income Fund a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Western Asset Municipal High Income Fund wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Western Asset Municipal High Income Fund?

Western Asset Municipal High Income Fund saw a drop in short interest in the month of February. As of February 12th, there was short interest totaling 8,700 shares, a drop of 68.7% from the January 28th total of 27,800 shares. Based on an average daily volume of 40,400 shares, the days-to-cover ratio is presently 0.2 days.
View Western Asset Municipal High Income Fund's Short Interest.

How has Western Asset Municipal High Income Fund's stock been impacted by Coronavirus (COVID-19)?

Western Asset Municipal High Income Fund's stock was trading at $7.00 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MHF stock has increased by 8.7% and is now trading at $7.61.
View which stocks have been most impacted by COVID-19.

How often does Western Asset Municipal High Income Fund pay dividends? What is the dividend yield for Western Asset Municipal High Income Fund?

Western Asset Municipal High Income Fund declared a monthly dividend on Friday, February 19th. Shareholders of record on Friday, May 21st will be given a dividend of $0.0218 per share on Tuesday, June 1st. This represents a $0.26 annualized dividend and a yield of 3.44%. The ex-dividend date of this dividend is Thursday, May 20th.
View Western Asset Municipal High Income Fund's dividend history.

Is Western Asset Municipal High Income Fund a good dividend stock?

Western Asset Municipal High Income Fund pays an annual dividend of $0.28 per share and currently has a dividend yield of 3.71%.
View Western Asset Municipal High Income Fund's dividend history.

Who are Western Asset Municipal High Income Fund's key executives?

Western Asset Municipal High Income Fund's management team includes the following people:

Mr. Kenneth Donald Fuller, Chairman, Chief Exec. Officer and Pres (Age 63)
Mr. George P. Hoyt Esq., Chief Legal Officer & Sec.
Mr. Peter M. Coffey, Portfolio Mang. (Age 76)
Mr. George Benoit, Portfolio Mang. (Age 61)
Mr. David T. Fare, Portfolio Mang. (Age 58)
Mr. Robert E. Amodeo, Portfolio Mang. (Age 56)

Who are some of Western Asset Municipal High Income Fund's key competitors?

Some companies that are related to Western Asset Municipal High Income Fund include Invesco California Value Municipal Income Trust (VCV), BlackRock MuniHoldings California Quality Fund (MUC), BlackRock MuniVest Fund (MVF), The India Fund (IFN), Western Asset Managed Municipals Fund (MMU), Eaton Vance Municipal Income Trust (EVN), BlackRock MuniHoldings Investment Quality Fund (MFL), BlackRock MuniAssets Fund (MUA), Nuveen Pennsylvania Quality Municipal Income Fund (NQP), BlackRock MuniYield New York Quality Fund (MYN), BNY Mellon Strategic Municipals (LEO), Invesco Advantage Municipal Income Trust II (VKI), Cornerstone Total Return Fund (CRF), BlackRock Debt Strategies Fund (DSU) and Putnam Premier Income Trust (PPT).
View all of MHF's competitors.

What other stocks do shareholders of Western Asset Municipal High Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Western Asset Municipal High Income Fund investors own include Shaw Communications (SJR), The Southern (SO), Verizon Communications (VZ), Diplomat Pharmacy (DPLO), Invesco (IVZ), Putnam Premier Income Trust (PPT), Royal Bank of Canada (RY), Suncor Energy (SU), The Toronto-Dominion Bank (TD) and Templeton Emerging Markets Income Fund (TEI).

What is Western Asset Municipal High Income Fund's stock symbol?

Western Asset Municipal High Income Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "MHF."

Who are Western Asset Municipal High Income Fund's major shareholders?

Western Asset Municipal High Income Fund's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Raymond James Financial Services Advisors Inc. (1.54%), Wells Fargo & Company MN (1.19%), Janney Montgomery Scott LLC (0.55%), Cambridge Investment Research Advisors Inc. (0.54%), Guggenheim Capital LLC (0.52%) and Robinson Capital Management LLC (0.50%).
View institutional ownership trends for Western Asset Municipal High Income Fund.

Which institutional investors are selling Western Asset Municipal High Income Fund stock?

MHF stock was sold by a variety of institutional investors in the last quarter, including United Capital Financial Advisers LLC, and Janney Montgomery Scott LLC.
View insider buying and selling activity for Western Asset Municipal High Income Fund or view top insider-selling stocks.

Which institutional investors are buying Western Asset Municipal High Income Fund stock?

MHF stock was bought by a variety of institutional investors in the last quarter, including Robinson Capital Management LLC, Guggenheim Capital LLC, Cambridge Investment Research Advisors Inc., Raymond James Financial Services Advisors Inc., International Assets Investment Management LLC, RMB Capital Management LLC, Wells Fargo & Company MN, and FNY Investment Advisers LLC.
View insider buying and selling activity for Western Asset Municipal High Income Fund or or view top insider-buying stocks.

How do I buy shares of Western Asset Municipal High Income Fund?

Shares of MHF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Western Asset Municipal High Income Fund's stock price today?

One share of MHF stock can currently be purchased for approximately $7.61.

How much money does Western Asset Municipal High Income Fund make?

Western Asset Municipal High Income Fund has a market capitalization of $164.63 million.

What is Western Asset Municipal High Income Fund's official website?

The official website for Western Asset Municipal High Income Fund is individualinvestor.myleggmason.com.

How can I contact Western Asset Municipal High Income Fund?

The financial services provider can be reached via phone at 212-805-6016.

This page was last updated on 3/6/2021 by MarketBeat.com Staff

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