Guggenheim Capital LLC Sells 176,724 Shares of Western Asset Municipal High Income Fund Inc. (NYSE:MHF)

Guggenheim Capital LLC reduced its position in shares of Western Asset Municipal High Income Fund Inc. (NYSE:MHF - Free Report) by 34.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 331,858 shares of the financial services provider's stock after selling 176,724 shares during the period. Guggenheim Capital LLC's holdings in Western Asset Municipal High Income Fund were worth $2,257,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vista Investment Partners II LLC bought a new position in shares of Western Asset Municipal High Income Fund during the 4th quarter worth approximately $81,000. Commonwealth Equity Services LLC purchased a new stake in shares of Western Asset Municipal High Income Fund during the fourth quarter valued at approximately $93,000. PKS Advisory Services LLC purchased a new stake in shares of Western Asset Municipal High Income Fund during the fourth quarter valued at approximately $95,000. Independent Advisor Alliance bought a new stake in Western Asset Municipal High Income Fund during the fourth quarter worth $128,000. Finally, Collaborative Wealth Managment Inc. purchased a new position in Western Asset Municipal High Income Fund in the fourth quarter worth $133,000.

Western Asset Municipal High Income Fund Stock Up 0.4 %

NYSE:MHF traded up $0.03 during trading on Wednesday, reaching $6.98. The company's stock had a trading volume of 55,618 shares, compared to its average volume of 71,606. Western Asset Municipal High Income Fund Inc. has a 12 month low of $6.51 and a 12 month high of $7.83. The firm has a 50 day moving average of $7.38 and a 200-day moving average of $7.18.

Western Asset Municipal High Income Fund Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were given a dividend of $0.034 per share. The ex-dividend date was Monday, March 24th. This represents a yield of 5.34%.

Western Asset Municipal High Income Fund 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.