Stratos Wealth Partners LTD. Makes New Investment in Western Asset Municipal High Income Fund Inc. $MHF

Stratos Wealth Partners LTD. bought a new stake in shares of Western Asset Municipal High Income Fund Inc. (NYSE:MHF) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 27,300 shares of the financial services provider’s stock, valued at approximately $190,000. Stratos Wealth Partners LTD. owned approximately 0.13% of Western Asset Municipal High Income Fund at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Wealthcare Advisory Partners LLC grew its position in shares of Western Asset Municipal High Income Fund by 16.8% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 20,850 shares of the financial services provider’s stock valued at $145,000 after acquiring an additional 3,000 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Western Asset Municipal High Income Fund by 131.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 29,228 shares of the financial services provider’s stock valued at $217,000 after acquiring an additional 16,622 shares during the period. Invesco Ltd. acquired a new stake in shares of Western Asset Municipal High Income Fund during the 1st quarter valued at about $475,000. Finally, ORG Wealth Partners LLC grew its position in shares of Western Asset Municipal High Income Fund by 11.6% during the 2nd quarter. ORG Wealth Partners LLC now owns 78,774 shares of the financial services provider’s stock valued at $555,000 after acquiring an additional 8,212 shares during the period.

Western Asset Municipal High Income Fund Stock Performance

NYSE:MHF opened at $7.20 on Monday. Western Asset Municipal High Income Fund Inc. has a 52 week low of $6.61 and a 52 week high of $7.82. The stock’s 50-day moving average price is $7.14 and its 200-day moving average price is $7.06.

Western Asset Municipal High Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Friday, October 24th will be given a dividend of $0.034 per share. The ex-dividend date is Friday, October 24th. This represents a c) dividend on an annualized basis and a dividend yield of 5.7%.

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.