PFG Investments LLC Invests $145,000 in Western Asset Municipal High Income Fund Inc. (NYSE:MHF)

PFG Investments LLC bought a new stake in shares of Western Asset Municipal High Income Fund Inc. (NYSE:MHF) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 20,000 shares of the financial services provider’s stock, valued at approximately $145,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MHF. Hennion & Walsh Asset Management Inc. grew its holdings in Western Asset Municipal High Income Fund by 244.0% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 432,792 shares of the financial services provider’s stock valued at $3,129,000 after buying an additional 306,988 shares in the last quarter. Raymond James & Associates grew its stake in Western Asset Municipal High Income Fund by 5.7% during the second quarter. Raymond James & Associates now owns 415,265 shares of the financial services provider’s stock valued at $2,815,000 after acquiring an additional 22,380 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in Western Asset Municipal High Income Fund by 8.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 84,295 shares of the financial services provider’s stock valued at $572,000 after acquiring an additional 6,593 shares during the last quarter. International Assets Investment Management LLC increased its holdings in Western Asset Municipal High Income Fund by 628.0% in the 3rd quarter. International Assets Investment Management LLC now owns 70,819 shares of the financial services provider’s stock valued at $512,000 after acquiring an additional 61,091 shares during the last quarter. Finally, ORG Partners LLC bought a new position in shares of Western Asset Municipal High Income Fund during the 1st quarter valued at about $460,000.

Western Asset Municipal High Income Fund Price Performance

Shares of Western Asset Municipal High Income Fund stock opened at $7.00 on Friday. The stock has a 50 day moving average of $7.20 and a 200 day moving average of $6.98. Western Asset Municipal High Income Fund Inc. has a 12 month low of $5.97 and a 12 month high of $7.39.

Western Asset Municipal High Income Fund Announces Dividend

The firm also recently announced a dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 21st will be issued a $0.034 dividend. The ex-dividend date of this dividend is Thursday, November 21st.

Western Asset Municipal High Income Fund Company Profile

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.