Western Asset Municipal High Income Fund (MHF)

• Market cap: $159M
• 1 day: -1.35%
• 5 days: -2.40%
• 1 month: -1.74%
• 3 months: 5.48%
• 6 months: 0.69%
• Year to date: 6.09%
• 1 year: 8.77%
• 5 years: 4.72%
• 10 years: -6.15%
• Sector: Financials
• Industry: Asset Management

About: Western Asset Municipal High Income Fund Inc is a diversified closed-end management investment company. The company's objective is to seek high current income exempt from federal income taxes. It invests predominantly in intermediate and long-term municipal debt securities issued by state and local governments.

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

83% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 6

20% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 10

6% more funds holding

Funds holding: 49 [Q3] → 52 (+3) [Q4]

3.66% less ownership

Funds ownership: 24.29% [Q3] → 20.64% (-3.66%) [Q4]

19% less capital invested

Capital invested by funds: $37.5M [Q3] → $30.4M (-$7.13M) [Q4]