Western Asset Municipal High Income Fund Inc. (MHF) To Go Ex-Dividend on May 21st

Western Asset Municipal High Income Fund Inc. (NYSE:MHF) declared a monthly dividend on Monday, February 23rd. Investors of record on Thursday, May 21st will be given a dividend of 0.034 per share by the financial services provider on Friday, May 29th. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend is Thursday, May 21st.

Western Asset Municipal High Income Fund Stock Down 0.7%

MHF stock opened at $6.94 on Tuesday. Western Asset Municipal High Income Fund has a 12 month low of $6.61 and a 12 month high of $7.64. The firm’s 50-day moving average is $6.89 and its 200 day moving average is $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.