Invesco Ltd. Takes $475,000 Position in Western Asset Municipal High Income Fund Inc. $MHF

Invesco Ltd. purchased a new stake in Western Asset Municipal High Income Fund Inc. (NYSE:MHF) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 64,120 shares of the financial services provider’s stock, valued at approximately $475,000.

Other hedge funds have also modified their holdings of the company. ORG Wealth Partners LLC lifted its holdings in shares of Western Asset Municipal High Income Fund by 2,713.5% in the 1st quarter. ORG Wealth Partners LLC now owns 70,562 shares of the financial services provider’s stock valued at $522,000 after buying an additional 68,054 shares during the period. Wealthcare Advisory Partners LLC lifted its holdings in shares of Western Asset Municipal High Income Fund by 64.5% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 17,850 shares of the financial services provider’s stock valued at $132,000 after buying an additional 7,000 shares during the period. GTS Securities LLC acquired a new stake in shares of Western Asset Municipal High Income Fund in the 4th quarter valued at approximately $88,000. Finally, Nomura Holdings Inc. acquired a new stake in shares of Western Asset Municipal High Income Fund in the 4th quarter valued at approximately $79,000.

Western Asset Municipal High Income Fund Price Performance

MHF opened at $7.34 on Friday. The business has a 50 day simple moving average of $6.90 and a 200-day simple moving average of $7.12. Western Asset Municipal High Income Fund Inc. has a 12 month low of $6.61 and a 12 month high of $7.82.

Western Asset Municipal High Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 3rd. Investors of record on Friday, October 24th will be paid a $0.034 dividend. This represents a c) annualized dividend and a yield of 5.6%. The ex-dividend date of this dividend is Friday, October 24th.

Western Asset Municipal High Income Fund 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.