International Assets Investment Management LLC Increases Holdings in Western Asset Municipal High Income Fund Inc. (NYSE:MHF)

International Assets Investment Management LLC lifted its position in shares of Western Asset Municipal High Income Fund Inc. (NYSE:MHFFree Report) by 546.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 61,815 shares of the financial services provider’s stock after buying an additional 52,247 shares during the period. International Assets Investment Management LLC owned about 0.29% of Western Asset Municipal High Income Fund worth $397,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Venturi Wealth Management LLC purchased a new position in Western Asset Municipal High Income Fund in the 4th quarter worth approximately $29,000. 1607 Capital Partners LLC increased its stake in Western Asset Municipal High Income Fund by 4.5% in the 3rd quarter. 1607 Capital Partners LLC now owns 1,146,808 shares of the financial services provider’s stock worth $6,984,000 after purchasing an additional 49,157 shares during the period. AQR Arbitrage LLC increased its stake in Western Asset Municipal High Income Fund by 69.7% in the 3rd quarter. AQR Arbitrage LLC now owns 93,248 shares of the financial services provider’s stock worth $568,000 after purchasing an additional 38,311 shares during the period. Robinson Capital Management LLC increased its stake in Western Asset Municipal High Income Fund by 7.2% in the 3rd quarter. Robinson Capital Management LLC now owns 272,776 shares of the financial services provider’s stock worth $1,639,000 after purchasing an additional 18,275 shares during the period. Finally, Thomas J. Herzfeld Advisors Inc. increased its stake in Western Asset Municipal High Income Fund by 1,983.5% in the 3rd quarter. Thomas J. Herzfeld Advisors Inc. now owns 52,358 shares of the financial services provider’s stock worth $319,000 after purchasing an additional 49,845 shares during the period.

Western Asset Municipal High Income Fund Trading Down 0.3 %

Shares of MHF stock opened at $6.78 on Wednesday. Western Asset Municipal High Income Fund Inc. has a fifty-two week low of $5.92 and a fifty-two week high of $6.92. The business’s 50 day moving average price is $6.77 and its 200-day moving average price is $6.56.

Western Asset Municipal High Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, June 3rd. Investors of record on Thursday, May 23rd will be given a dividend of $0.034 per share. The ex-dividend date is Wednesday, May 22nd. This represents a $0.41 annualized dividend and a dividend yield of 6.02%.

About Western Asset Municipal High Income Fund

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Western Asset Municipal High Income Fund (NYSE:MHF)

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