Western Asset Municipal High Income Fund Inc. (NYSE:MHF) Declares $0.03 Monthly Dividend

Western Asset Municipal High Income Fund Inc. (NYSE:MHF) declared a monthly dividend on Thursday, May 14th. Shareholders of record on Tuesday, June 23rd will be given a dividend of 0.034 per share by the financial services provider on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date is Tuesday, June 23rd.

Western Asset Municipal High Income Fund Stock Up 0.3%

Shares of NYSE:MHF opened at $6.97 on Friday. Western Asset Municipal High Income Fund has a fifty-two week low of $6.61 and a fifty-two week high of $7.64. The business has a 50-day moving average of $6.89 and a two-hundred day moving average of $6.93.

Western Asset Municipal High Income Fund Company Profile

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.