Raymond James Financial Inc. Sells 14,467 Shares of Western Asset Municipal High Income Fund Inc. $MHF

Raymond James Financial Inc. trimmed its stake in Western Asset Municipal High Income Fund Inc. (NYSE:MHF) by 1.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 951,514 shares of the financial services provider’s stock after selling 14,467 shares during the period. Raymond James Financial Inc. owned about 4.39% of Western Asset Municipal High Income Fund worth $7,051,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in MHF. Wells Fargo & Company MN grew its position in Western Asset Municipal High Income Fund by 11.8% during the fourth quarter. Wells Fargo & Company MN now owns 51,865 shares of the financial services provider’s stock worth $353,000 after buying an additional 5,473 shares in the last quarter. Nomura Holdings Inc. acquired a new stake in shares of Western Asset Municipal High Income Fund during the 4th quarter worth approximately $79,000. GTS Securities LLC bought a new stake in shares of Western Asset Municipal High Income Fund during the fourth quarter valued at approximately $88,000. Wealthcare Advisory Partners LLC increased its position in shares of Western Asset Municipal High Income Fund by 64.5% during the first quarter. Wealthcare Advisory Partners LLC now owns 17,850 shares of the financial services provider’s stock valued at $132,000 after purchasing an additional 7,000 shares during the period. Finally, ORG Wealth Partners LLC raised its stake in shares of Western Asset Municipal High Income Fund by 2,713.5% in the first quarter. ORG Wealth Partners LLC now owns 70,562 shares of the financial services provider’s stock valued at $522,000 after purchasing an additional 68,054 shares in the last quarter.

Western Asset Municipal High Income Fund Stock Down 0.1%

Shares of MHF stock opened at $6.94 on Wednesday. Western Asset Municipal High Income Fund Inc. has a one year low of $6.61 and a one year high of $7.82. The stock has a fifty day moving average price of $6.88 and a 200 day moving average price of $7.12.

Western Asset Municipal High Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Friday, October 24th will be issued a dividend of $0.034 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend is Friday, October 24th.

About Western Asset Municipal High Income Fund

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.