Western Asset Municipal High Income Fund Inc. (MHF) To Go Ex-Dividend on November 20th

Western Asset Municipal High Income Fund Inc. (NYSE:MHF) declared a monthly dividend on Wednesday, August 5th. Investors of record on Friday, November 20th will be given a dividend of 0.034 per share by the financial services provider on Monday, November 30th. This represents a c) dividend on an annualized basis and a yield of 5.9%. The ex-dividend date of this dividend is Friday, November 20th.

Western Asset Municipal High Income Fund Stock Up 0.3%

Shares of NYSE:MHF opened at $6.91 on Friday. The firm’s 50-day simple moving average is $6.93 and its 200-day simple moving average is $6.92. Western Asset Municipal High Income Fund has a fifty-two week low of $6.63 and a fifty-two week high of $7.64.

Institutional Trading of Western Asset Municipal High Income Fund

A number of institutional investors have recently bought and sold shares of MHF. Commonwealth Equity Services LLC lifted its position in shares of Western Asset Municipal High Income Fund by 8.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 23,432 shares of the financial services provider’s stock valued at $161,000 after acquiring an additional 1,839 shares in the last quarter. Bank of America Corp DE increased its position in Western Asset Municipal High Income Fund by 0.4% during the third quarter. Bank of America Corp DE now owns 585,215 shares of the financial services provider’s stock worth $4,231,000 after purchasing an additional 2,350 shares during the last quarter. Steward Partners Investment Advisory LLC raised its holdings in shares of Western Asset Municipal High Income Fund by 24.2% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 17,726 shares of the financial services provider’s stock worth $122,000 after purchasing an additional 3,452 shares during the period. Osaic Holdings Inc. grew its stake in Western Asset Municipal High Income Fund by 113.9% during the second quarter. Osaic Holdings Inc. now owns 7,323 shares of the financial services provider’s stock worth $51,000 after buying an additional 3,900 shares during the period. Finally, Fortitude Advisory Group L.L.C. boosted its position in Western Asset Municipal High Income Fund by 20.5% during the 4th quarter. Fortitude Advisory Group L.L.C. now owns 27,652 shares of the financial services provider’s stock worth $190,000 after purchasing an additional 4,702 shares during the period.

Western Asset Municipal High Income Fund Company Profile

Western Asset Municipal High Income Fund Inc is a closed-end management investment company that seeks to provide high current income exempt from federal income taxes. The fund primarily invests in U.S. municipal securities, with an emphasis on high-yield bonds issued by state and local governments, authorities and agencies. Its portfolio may include general obligation bonds, revenue bonds, pre-refunded bonds, insured securities and variable-rate instruments, with the goal of delivering attractive tax-advantaged yields for shareholders.

The fund is managed by Western Asset Management Company, LP, a global fixed-income specialist and subsidiary of Franklin Resources, Inc Western Asset’s investment team employs a disciplined, research-driven approach, combining top-down macroeconomic analysis with bottom-up credit research to identify opportunities across the municipal bond market.