Prospera Financial Services Inc Buys 25,677 Shares of Western Asset Municipal High Income Fund Inc. (NYSE:MHF)

Prospera Financial Services Inc lifted its holdings in Western Asset Municipal High Income Fund Inc. (NYSE:MHF) by 28.7% during the third quarter, HoldingsChannel reports. The firm owned 115,262 shares of the financial services provider’s stock after purchasing an additional 25,677 shares during the period. Prospera Financial Services Inc’s holdings in Western Asset Municipal High Income Fund were worth $833,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC bought a new position in shares of Western Asset Municipal High Income Fund in the second quarter worth about $66,000. Comerica Bank bought a new position in shares of Western Asset Municipal High Income Fund in the first quarter worth about $102,000. Alpine Global Management LLC bought a new position in shares of Western Asset Municipal High Income Fund in the first quarter worth about $136,000. Sanctuary Advisors LLC bought a new position in shares of Western Asset Municipal High Income Fund in the second quarter worth about $137,000. Finally, Wealth Enhancement Advisory Services LLC bought a new position in shares of Western Asset Municipal High Income Fund in the third quarter worth about $139,000.

Western Asset Municipal High Income Fund Trading Down 0.3 %

Western Asset Municipal High Income Fund stock opened at $7.05 on Friday. The business’s 50-day simple moving average is $7.17 and its 200-day simple moving average is $7.00. Western Asset Municipal High Income Fund Inc. has a 52 week low of $6.27 and a 52 week high of $7.39.

Western Asset Municipal High Income Fund Announces Dividend

The company also recently declared a — dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 21st will be paid a dividend of $0.034 per share. The ex-dividend date of this dividend is Friday, February 21st. This represents a yield of 5.7%.

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.