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

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

Western Asset Municipal High Income Fund Price Performance

Shares of NYSE:MHF opened at $6.92 on Tuesday. The company’s fifty day moving average price is $6.92 and its 200-day moving average price is $7.01. Western Asset Municipal High Income Fund has a one year low of $6.61 and a one year high of $7.82.

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.