Tortoise Investment Management LLC Acquires 219,277 Shares of Western Asset Municipal High Income Fund Inc. (NYSE:MHF)

Tortoise Investment Management LLC lifted its holdings in Western Asset Municipal High Income Fund Inc. (NYSE:MHFFree Report) by 29.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 958,730 shares of the financial services provider’s stock after acquiring an additional 219,277 shares during the period. Tortoise Investment Management LLC’s holdings in Western Asset Municipal High Income Fund were worth $6,155,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Signaturefd LLC bought a new position in Western Asset Municipal High Income Fund during the fourth quarter valued at approximately $39,000. Thomas J. Herzfeld Advisors Inc. boosted its stake in Western Asset Municipal High Income Fund by 1,983.5% during the third quarter. Thomas J. Herzfeld Advisors Inc. now owns 52,358 shares of the financial services provider’s stock valued at $319,000 after buying an additional 49,845 shares during the last quarter. 1607 Capital Partners LLC boosted its stake in Western Asset Municipal High Income Fund by 4.0% during the fourth quarter. 1607 Capital Partners LLC now owns 1,192,313 shares of the financial services provider’s stock valued at $7,655,000 after buying an additional 45,505 shares during the last quarter. TCG Advisory Services LLC bought a new position in Western Asset Municipal High Income Fund during the fourth quarter valued at approximately $193,000. Finally, International Assets Investment Management LLC boosted its stake in Western Asset Municipal High Income Fund by 546.1% during the fourth quarter. International Assets Investment Management LLC now owns 61,815 shares of the financial services provider’s stock valued at $397,000 after buying an additional 52,247 shares during the last quarter.

Western Asset Municipal High Income Fund Trading Down 0.7 %

MHF stock traded down $0.05 during midday trading on Friday, reaching $6.77. 67,154 shares of the company traded hands, compared to its average volume of 76,623. Western Asset Municipal High Income Fund Inc. has a 52-week low of $5.92 and a 52-week high of $6.92. The business has a 50 day moving average of $6.76 and a 200-day moving average of $6.61.

Western Asset Municipal High Income Fund Announces Dividend

The business also recently disclosed a dividend, which will be paid on Monday, July 1st. Shareholders of record on Friday, June 21st will be given a dividend of $0.034 per share. The ex-dividend date of this dividend is Friday, June 21st.

About Western Asset Municipal High Income Fund

(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.

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Institutional Ownership by Quarter for Western Asset Municipal High Income Fund (NYSE:MHF)

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