Raymond James Financial Inc. Purchases Shares of 965,981 Western Asset Municipal High Income Fund Inc. (NYSE:MHF)

Raymond James Financial Inc. purchased a new stake in Western Asset Municipal High Income Fund Inc. (NYSE:MHF) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 965,981 shares of the financial services provider’s stock, valued at approximately $6,569,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Hennion & Walsh Asset Management Inc. raised its position in shares of Western Asset Municipal High Income Fund by 9.8% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 475,225 shares of the financial services provider’s stock worth $3,232,000 after purchasing an additional 42,433 shares during the period. Rockefeller Capital Management L.P. raised its position in shares of Western Asset Municipal High Income Fund by 9.4% during the third quarter. Rockefeller Capital Management L.P. now owns 128,500 shares of the financial services provider’s stock worth $929,000 after purchasing an additional 11,000 shares during the period. Van ECK Associates Corp raised its position in shares of Western Asset Municipal High Income Fund by 4.2% during the fourth quarter. Van ECK Associates Corp now owns 111,950 shares of the financial services provider’s stock worth $761,000 after purchasing an additional 4,543 shares during the period. Finally, Jones Financial Companies Lllp raised its position in shares of Western Asset Municipal High Income Fund by 14.4% during the fourth quarter. Jones Financial Companies Lllp now owns 62,321 shares of the financial services provider’s stock worth $424,000 after purchasing an additional 7,843 shares during the period.

Western Asset Municipal High Income Fund Stock Up 1.5 %

Shares of NYSE:MHF opened at $7.65 on Monday. Western Asset Municipal High Income Fund Inc. has a twelve month low of $6.51 and a twelve month high of $7.79. The stock’s 50 day moving average is $7.30 and its 200-day moving average is $7.18.

Western Asset Municipal High Income Fund Dividend Announcement

The business also recently declared a dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 24th will be given a $0.034 dividend. The ex-dividend date is Monday, March 24th.

About Western Asset Municipal High Income Fund

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.