Hennion & Walsh Asset Management Inc. Acquires 306,988 Shares of Western Asset Municipal High Income Fund Inc. (NYSE:MHF)

Hennion & Walsh Asset Management Inc. lifted its holdings in shares of Western Asset Municipal High Income Fund Inc. (NYSE:MHF) by 244.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 432,792 shares of the financial services provider’s stock after purchasing an additional 306,988 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Western Asset Municipal High Income Fund were worth $3,129,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. International Assets Investment Management LLC bought a new stake in Western Asset Municipal High Income Fund during the second quarter valued at approximately $66,000. Comerica Bank bought a new stake in shares of Western Asset Municipal High Income Fund during the 1st quarter worth $102,000. Alpine Global Management LLC purchased a new position in Western Asset Municipal High Income Fund in the first quarter worth $136,000. Sanctuary Advisors LLC purchased a new position in Western Asset Municipal High Income Fund in the second quarter worth $137,000. Finally, Rothschild Investment LLC bought a new position in Western Asset Municipal High Income Fund in the second quarter valued at $217,000.

Western Asset Municipal High Income Fund Stock Down 0.2 %

Shares of MHF stock opened at $7.08 on Friday. The business has a 50-day moving average price of $7.21 and a two-hundred day moving average price of $6.97. Western Asset Municipal High Income Fund Inc. has a 12-month low of $5.92 and a 12-month high of $7.39.

Western Asset Municipal High Income Fund Dividend Announcement

The company also recently announced a dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 21st will be given a $0.034 dividend. The ex-dividend date of this dividend is Thursday, November 21st.

Western Asset Municipal High Income Fund Company 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.