Western Asset Municipal High Income Fund Inc. (NYSE:MHF) Shares Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC grew its stake in Western Asset Municipal High Income Fund Inc. (NYSE:MHF) by 628.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 70,819 shares of the financial services provider’s stock after acquiring an additional 61,091 shares during the quarter. International Assets Investment Management LLC’s holdings in Western Asset Municipal High Income Fund were worth $512,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Comerica Bank acquired a new stake in shares of Western Asset Municipal High Income Fund in the 1st quarter worth $102,000. Alpine Global Management LLC acquired a new stake in shares of Western Asset Municipal High Income Fund in the 1st quarter worth $136,000. Sanctuary Advisors LLC acquired a new stake in shares of Western Asset Municipal High Income Fund in the 2nd quarter worth $137,000. Rothschild Investment LLC acquired a new stake in shares of Western Asset Municipal High Income Fund in the 2nd quarter worth $217,000. Finally, Commonwealth Equity Services LLC grew its holdings in shares of Western Asset Municipal High Income Fund by 18.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 34,417 shares of the financial services provider’s stock worth $233,000 after purchasing an additional 5,331 shares during the period.

Western Asset Municipal High Income Fund Stock Performance

NYSE MHF opened at $6.95 on Wednesday. Western Asset Municipal High Income Fund Inc. has a twelve month low of $6.18 and a twelve month high of $7.39. The stock has a fifty day simple moving average of $7.19 and a 200-day simple moving average of $6.98.

Western Asset Municipal High Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 21st will be issued a dividend of $0.034 per share. This represents a $0.41 dividend on an annualized basis and a dividend yield of 5.87%. The ex-dividend date of this dividend is Thursday, November 21st.

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.