Western Asset Municipal High Income Fund Inc. (NYSE:MHF – Get Free Report) declared a monthly dividend on Monday, February 23rd. Investors of record on Thursday, April 23rd will be paid a dividend of 0.034 per share by the financial services provider on Thursday, April 30th. This represents a c) annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend is Thursday, April 23rd.
Western Asset Municipal High Income Fund Stock Up 0.4%
Shares of MHF stock opened at $7.01 on Tuesday. The stock has a fifty day moving average price of $6.91 and a 200 day moving average price of $6.95. Western Asset Municipal High Income Fund has a 1 year low of $6.61 and a 1 year high of $7.64.
About Western Asset Municipal High Income Fund
Western Asset Municipal High Income Fund Inc is a closed-end management investment company that seeks to provide high current income exempt from federal income taxes. The fund primarily invests in U.S. municipal securities, with an emphasis on high-yield bonds issued by state and local governments, authorities and agencies. Its portfolio may include general obligation bonds, revenue bonds, pre-refunded bonds, insured securities and variable-rate instruments, with the goal of delivering attractive tax-advantaged yields for shareholders.
The fund is managed by Western Asset Management Company, LP, a global fixed-income specialist and subsidiary of Franklin Resources, Inc Western Asset’s investment team employs a disciplined, research-driven approach, combining top-down macroeconomic analysis with bottom-up credit research to identify opportunities across the municipal bond market.
Featured Stories
Receive News & Ratings for Western Asset Municipal High Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Asset Municipal High Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
