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    Western Asset Municipal High Income Fund Inc. (MHF)

    Price:

    6.98 USD

    ( - -0.07 USD)

    Your position:

    0 USD

    ACTION PANEL
    CREATE A NOTE
    ABOUT
    Symbol
    MHF
    Name
    Western Asset Municipal High Income Fund Inc.
    Industry
    Asset Management - Income
    Sector
    Financial Services
    Price
    6.980
    Market Cap
    151.395M
    Enterprise value
    155.619M
    Currency
    USD
    Ceo
    Kenneth Donald Fuller
    Full Time Employees
    Ipo Date
    1988-11-21
    City
    New York City
    Address
    280 Park Avenue

    Check the

    KEY TAKEAWAYS

    ASK OUR AI ABOUT THE COMPANY (REGISTER FOR EARLY ACCESS)
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    SIMILAR COMPANIES STI SCORE

    Similar STI Score

    LMP Capital and Income Fund Inc.

    VALUE SCORE:

    9

    Symbol
    SCD
    Market Cap
    4.907B
    Industry
    Asset Management - Income
    Sector
    Financial Services

    2nd position

    The Gabelli Dividend & Income Trust

    VALUE SCORE:

    13

    Symbol
    GDV-PH
    Market Cap
    2.405B
    Industry
    Asset Management - Income
    Sector
    Financial Services

    The best

    The Gabelli Dividend & Income Trust

    VALUE SCORE:

    13

    Symbol
    GDV-PK
    Market Cap
    2.405B
    Industry
    Asset Management - Income
    Sector
    Financial Services
    FUNDAMENTALS
    P/E
    54.767
    P/S
    25.101
    P/B
    1.008
    Debt/Equity
    0.018
    EV/FCF
    0
    Price to operating cash flow
    -1.000
    Price to free cash flow
    -1.000
    EV/sales
    25.554
    Earnings yield
    0.018
    Debt/assets
    0.018
    FUNDAMENTALS
    Net debt/ebidta
    -1.195
    Interest coverage
    0
    Research And Developement To Revenue
    0
    Intangile to total assets
    0
    Capex to operating cash flow
    0
    Capex to revenue
    0
    Capex to depreciation
    0
    Return on tangible assets
    0.018
    Debt to market cap
    0.018
    Piotroski Score
    4.000
    FUNDAMENTALS
    PEG
    -0.648
    P/CF
    0
    P/FCF
    0
    RoA %
    1.797
    RoIC %
    0.365
    Gross Profit Margin %
    83.756
    Quick Ratio
    2.489
    Current Ratio
    2.489
    Net Profit Margin %
    45.799
    Net-Net
    0.186
    FUNDAMENTALS PER SHARE
    FCF per share
    0
    Revenue per share
    0.278
    Net income per share
    0.127
    Operating cash flow per share
    0
    Free cash flow per share
    0
    Cash per share
    0.276
    Book value per share
    6.923
    Tangible book value per share
    6.923
    Shareholders equity per share
    6.923
    Interest debt per share
    0.126
    TECHNICAL
    52 weeks high
    7.830
    52 weeks low
    6.610
    Current trading session High
    7.080
    Current trading session Low
    6.975
    DIVIDEND
    Dividend yield
    5.85%
    Payout ratio
    0.00%
    Years of div. Increase
    3.000
    Years of div.
    37.000
    Q-shift
    Dividend per share
    0.408
    SIMILAR COMPANIES
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.114149824%
    Payout Ratio
    110.11256%
    P/E
    9.646
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.055107526%
    Payout Ratio
    318.85664%
    P/E
    61.782
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management
    Dividend yield
    0.14016172%
    Payout Ratio
    113.39794%
    P/E
    8.114
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.12539189%
    Payout Ratio
    68.45443%
    P/E
    6.935
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.05064516%
    Payout Ratio
    0%
    P/E
    13.531
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.066072494%
    Payout Ratio
    67.919946%
    P/E
    10.548
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.08123077%
    Payout Ratio
    0%
    P/E
    14.462
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management
    Dividend yield
    0.07078884%
    Payout Ratio
    125.64827999999999%
    P/E
    28.976
    DESCRIPTION

    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. territories and possessions, political subdivisions, agencies and public authorities. The fund seeks to invest in investment grade debt securities rated in one of the four highest rating categories by a nationally recognized statistical rating organization to create its portfolio. It benchmarks the performance of its portfolio against the Lehman Brothers Municipal Bond Index. The fund was formerly known as Municipal High Income Fund Inc. Western Asset Municipal High Income Fund Inc. was formed on November 28, 1988 and is domiciled in the United States.

    NEWS
    https://images.financialmodelingprep.com/news/western-asset-municipal-high-income-fund-inc-announces-financial-position-20250922.png
    Western Asset Municipal High Income Fund Inc. Announces Financial Position as of July 31, 2025

    businesswire.com

    2025-09-22 08:00:00

    NEW YORK--(BUSINESS WIRE)--Category: Financials.

    https://images.financialmodelingprep.com/news/western-asset-municipal-high-income-fund-inc-announces-results-20250417.jpg
    Western Asset Municipal High Income Fund Inc. Announces Results of Annual Meeting of Stockholders

    businesswire.com

    2025-04-17 08:00:00

    NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.

    https://images.financialmodelingprep.com/news/western-asset-municipal-high-income-fund-inc-announces-financial-20250324.jpg
    Western Asset Municipal High Income Fund Inc. Announces Financial Position as of January 31, 2025

    businesswire.com

    2025-03-24 08:00:00

    NEW YORK--(BUSINESS WIRE)--Category: Financials.

    https://images.financialmodelingprep.com/news/western-asset-municipal-high-income-fund-inc-mhf-to-20240520.png
    Western Asset Municipal High Income Fund Inc. (MHF) To Go Ex-Dividend on May 22nd

    https://www.defenseworld.net

    2024-05-20 07:18:52

    Western Asset Municipal High Income Fund Inc. (NYSE:MHF – Get Free Report) announced a monthly dividend on Thursday, February 22nd, Wall Street Journal reports. Stockholders of record on Thursday, May 23rd will be paid a dividend of 0.034 per share by the financial services provider on Monday, June 3rd. This represents a $0.41 dividend on an annualized basis and a dividend yield of 5.99%. The ex-dividend date is Wednesday, May 22nd. Western Asset Municipal High Income Fund has decreased its dividend payment by an average of 4.8% per year over the last three years and has raised its dividend every year for the last 2 years. Western Asset Municipal High Income Fund Price Performance Shares of Western Asset Municipal High Income Fund stock opened at $6.81 on Monday. The business has a fifty day simple moving average of $6.77 and a two-hundred day simple moving average of $6.55. Western Asset Municipal High Income Fund has a 1 year low of $5.92 and a 1 year high of $6.92. Western Asset Municipal High Income Fund Company Profile (Get Free Report) 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.

    https://images.financialmodelingprep.com/news/western-asset-municipal-high-income-fund-inc-announces-results-20240417.jpg
    Western Asset Municipal High Income Fund Inc. Announces Results of Annual Meeting of Stockholders

    businesswire.com

    2024-04-17 08:00:00

    NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.

    https://images.financialmodelingprep.com/news/mhf-a-look-at-the-6-tax-advantaged-yield-20240331.jpg
    MHF: A Look At The 6% Tax Advantaged Yield

    seekingalpha.com

    2024-03-31 09:29:12

    Muni bonds are popular ways to avoid taxes and get your income fix. We look at MHF today which provides a 6.00%, tax advantaged, yield. The fund has some solid advantages and we weigh that versus the difficulty of sustaining the 6% yield.

    https://images.financialmodelingprep.com/news/certain-closed-end-funds-advised-by-legg-mason-partners-20221110.jpg
    Certain Closed End Funds Advised by Legg Mason Partners Fund Advisor, LLC Announce Appointment of New Lead Independent Director

    businesswire.com

    2022-11-10 08:00:00

    The Board of each Fund announced today the appointment of Eileen Kamerick as Lead Independent Director, effective November 8, 2022. Ms. Kamerick replaces William Hutchinson, the former Lead Independent Director of the Funds, who recently passed away. The Boards also announced that Nisha Kumar will succeed Ms. Kamerick as Chair of each Fund's Audit Committee.

    https://images.financialmodelingprep.com/news/these-funds-are-solid-bargains-when-markets-go-south-20220930.jpg
    These Funds Are Solid Bargains When Markets Go South. 9 That Offer High Yields.

    barrons.com

    2022-09-30 11:42:00

    Closed-end funds offer hefty yields and trade at discounts from the value of their underlying assets. But leverage poses a danger.

    https://images.financialmodelingprep.com/news/legg-mason-partners-fund-advisor-llc-announces-distributions-for-20220802.jpg
    Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of September, October, and November 2022

    businesswire.com

    2022-08-02 08:00:00

    NEW YORK--(BUSINESS WIRE)--Category: Distribution Related

    https://images.financialmodelingprep.com/news/legg-mason-partners-fund-advisor-llc-announces-distributions-for-20220216.jpg
    Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of March, April and May 2022

    businesswire.com

    2022-02-16 08:00:00

    NEW YORK--(BUSINESS WIRE)--Category: Distribution Related

    https://images.financialmodelingprep.com/news/western-asset-municipal-high-income-fund-inc-announces-financial-20210323.jpg
    Western Asset Municipal High Income Fund Inc. Announces Financial Position as of January 31, 2021

    businesswire.com

    2021-03-23 08:00:00

    NEW YORK--(BUSINESS WIRE)--Western Asset Municipal High Income Fund Inc. (NYSE: MHF) today announced the financial position of the Fund as of January 31, 2021. Current Q Previous Q Prior Yr Q January 31, 2021 October 31, 2020 January 31, 2020 Total Net Assets (a) $ 176,028,815   $ 169,947,451   $ 176,345,741   NAV Per Share of Common Stock (a) $ 8.14   $ 7.86   $ 8.15   Market Price Per Share $ 7.84   $ 7.19   $ 7.78   Premium / (Discount)   (3.69 )%   (8.52 )%   (4.54 )% Outstanding Shares   2

    https://images.financialmodelingprep.com/news/western-asset-cuts-dmo-most-affected-sell-alert-for-20200908.png
    Western Asset Cuts: DMO Most Affected, Sell Alert For MHF

    seekingalpha.com

    2020-09-08 07:00:00

    DMO cut their distribution as we expected on the 19th of August. We expect one more cut Nov.

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    The Reopening Killed The V-Shaped Recovery

    seekingalpha.com

    2020-06-29 07:43:33

    This is a weekly series focused on analyzing the previous week’s economic data releases. The objective is to concentrate on leading indicators of economic activ

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    Weekly Closed-End Fund Roundup: June 14, 2020

    seekingalpha.com

    2020-06-23 07:49:09

    Risk-off week as 4 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Munis lead while MLPs lag. Big cuts to KYN/KMF.

    https://images.financialmodelingprep.com/news/commonwealth-equity-services-llc-has-131000-stock-position-in-20200622.jpg
    Commonwealth Equity Services LLC Has $131,000 Stock Position in Western Asset Municipal Hgh Incm Fnd Inc (NYSE:MHF)

    thelincolnianonline.com

    2020-06-22 04:38:48

    Commonwealth Equity Services LLC decreased its position in shares of Western Asset Municipal Hgh Incm Fnd Inc (NYSE:MHF) by 52.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,549 shares of the financial services provider’s stock after selling 20,646 shares during […]

    https://images.financialmodelingprep.com/news/weekly-closedend-fund-roundup-vam-to-merge-into-fins-20200608.png
    Weekly Closed-End Fund Roundup: VAM To Merge Into FINS, EGIF To Liquidate (May 31, 2020)

    seekingalpha.com

    2020-06-08 10:02:03

    The rebound continues, with 23 out of 23 CEF sectors positive on price and 22 out of 23 sectors positive on NAV last week. VAM will be merged into FINS this wee