WESTERN ASSET MUNICIPAL HIGH INCOME FUND INC. (MHF)
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.
Industry: Asset Management
Western Asset Municipal High Income Fund Inc.
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
based on 22.21M shares outstanding
The Western Asset Municipal High Income Fund Inc. operates as a closed-end investment vehicle, concentrating its efforts on fixed income assets.
It was established and is primarily managed by Legg Mason Partners Fund Advisor, LLC, with Western Asset Management Company also holding co-management responsibilities. The fund's investment strategy focuses on the fixed income markets across the United States.
Its primary allocations are directed towards intermediate and long-term municipal debt securities. These securities are issued by a diverse range of public entities, including state and local governmental bodies, U.S. territories and possessions, political subdivisions, agencies, and various public authorities. To construct its portfolio, the fund prioritizes high-quality, investment-grade debt instruments. Specifically, it seeks out securities that have received one of the top four rating categories from a nationally recognized statistical rating organization. The Lehman Brothers Municipal Bond Index serves as the benchmark against which the fund's performance is measured. This fund was formerly identified as the Municipal High Income Fund Inc.
It was officially formed on November 28, 1988, and its legal domicile is within the United States.
Leadership
Anthony Grillo
Director
Christopher Berarducci
Treasurer and Principal Financial Officer
Fred Jensen
Chief Compliance Officer
Hillary Sale
Director and Member of Audit, Compensation and Pricing and Valuation Committees, and Chair of Nominating Committee
Employees
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Country
US
Sector
Financial Services
Website
individualinvestor.myleggmason.com
| Insider | Title | Type | Shares | Value | Date |
|---|---|---|---|---|---|
| Director | Purchase | 1.5K | $10.7K | May 27, 2025 |
| Name | Shares | % | Source |
|---|---|---|---|
RAYMOND JAMES FINANCIAL INC | 1.0M | 4.5% | 13F |
First Trust Portfolios L.P. · joint filing· may incl. warrants· filed Apr 2026 | 902.6K | 4.1% | 13G |
BANK OF AMERICA CORP /DE/ | 586.4K | 2.6% | 13F |
GUGGENHEIM CAPITAL LLC | 465.6K | 2.1% | 13F |
LPL Financial LLC | 462.1K | 2.1% | 13F |
TITLEIST ASSET MANAGEMENT, LLC | 454.7K | 2.0% | 13F |
MORGAN STANLEY | 411.0K | 1.9% | 13F |
Hennion & Walsh Asset Management, Inc. | 350.5K | 1.6% | 13F |
Fiera Capital Corp | 141.6K | 0.6% | 13F |
JONES FINANCIAL COMPANIES LLLP | 137.8K | 0.6% | 13F |
based on 22.21M shares outstanding
30d Avg
140.86K
60d Avg
109.26K
90d Avg
92.22K