Western Asset Municipal High Income Fund Inc. (MHF) to Issue Monthly Dividend of $0.03 on February 27th

Western Asset Municipal High Income Fund Inc. (NYSE:MHF) announced a monthly dividend on Thursday, November 20th. Investors of record on Friday, February 20th will be given a dividend of 0.034 per share by the financial services provider on Friday, February 27th. This represents a c) annualized dividend and a yield of 5.8%. The ex-dividend date is Friday, February 20th.

Western Asset Municipal High Income Fund Stock Performance

NYSE:MHF opened at $7.02 on Wednesday. Western Asset Municipal High Income Fund has a 52 week low of $6.61 and a 52 week high of $7.82. The stock’s 50-day moving average price is $6.93 and its 200-day moving average price is $7.01.

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.