Wealthcare Advisory Partners LLC Grows Position in Western Asset Municipal High Income Fund Inc. $MHF

Wealthcare Advisory Partners LLC lifted its holdings in shares of Western Asset Municipal High Income Fund Inc. (NYSE:MHF) by 16.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,850 shares of the financial services provider’s stock after buying an additional 3,000 shares during the period. Wealthcare Advisory Partners LLC owned approximately 0.10% of Western Asset Municipal High Income Fund worth $145,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. ORG Wealth Partners LLC boosted its position in Western Asset Municipal High Income Fund by 2,713.5% in the first quarter. ORG Wealth Partners LLC now owns 70,562 shares of the financial services provider’s stock worth $522,000 after purchasing an additional 68,054 shares during the last quarter. Invesco Ltd. purchased a new position in shares of Western Asset Municipal High Income Fund during the 1st quarter valued at about $475,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Western Asset Municipal High Income Fund by 131.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 29,228 shares of the financial services provider’s stock valued at $217,000 after buying an additional 16,622 shares in the last quarter.

Western Asset Municipal High Income Fund Price Performance

MHF stock opened at $6.97 on Friday. Western Asset Municipal High Income Fund Inc. has a twelve month low of $6.61 and a twelve month high of $7.82. The business’s 50-day moving average price is $7.10 and its 200-day moving average price is $7.08.

Western Asset Municipal High Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, November 3rd. Investors of record on Friday, October 24th will be paid a dividend of $0.034 per share. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend is Friday, October 24th.

Western Asset Municipal High Income Fund Company 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.