International Assets Investment Management LLC Takes Position in Western Asset Municipal High Income Fund Inc. (NYSE:MHF)

International Assets Investment Management LLC acquired a new position in shares of Western Asset Municipal High Income Fund Inc. (NYSE:MHF) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 9,728 shares of the financial services provider’s stock, valued at approximately $66,000.

Other hedge funds have also modified their holdings of the company. Tortoise Investment Management LLC grew its position in Western Asset Municipal High Income Fund by 39.9% in the fourth quarter. Tortoise Investment Management LLC now owns 1,034,201 shares of the financial services provider’s stock valued at $6,805,000 after purchasing an additional 294,748 shares in the last quarter. 1607 Capital Partners LLC grew its holdings in shares of Western Asset Municipal High Income Fund by 4.0% in the 4th quarter. 1607 Capital Partners LLC now owns 1,192,313 shares of the financial services provider’s stock valued at $7,655,000 after acquiring an additional 45,505 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its position in shares of Western Asset Municipal High Income Fund by 7.0% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 234,951 shares of the financial services provider’s stock valued at $1,595,000 after acquiring an additional 15,332 shares during the last quarter. Janney Montgomery Scott LLC increased its position in shares of Western Asset Municipal High Income Fund by 8.5% in the first quarter. Janney Montgomery Scott LLC now owns 84,295 shares of the financial services provider’s stock valued at $572,000 after acquiring an additional 6,593 shares during the last quarter. Finally, ORG Partners LLC bought a new stake in Western Asset Municipal High Income Fund during the first quarter worth about $460,000.

Western Asset Municipal High Income Fund Stock Performance

MHF stock opened at $7.22 on Thursday. Western Asset Municipal High Income Fund Inc. has a twelve month low of $5.92 and a twelve month high of $7.22. The business has a 50 day moving average price of $7.01 and a two-hundred day moving average price of $6.83.

Western Asset Municipal High Income Fund Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Monday, September 23rd will be issued a $0.034 dividend. The ex-dividend date is Monday, September 23rd.

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.