Company Description
Western Asset Municipal High Income Fund, Inc. is a diversified closed-end management investment company that seeks high current income exempt from federal income taxes. The Fund invests predominantly in intermediate- and long-term municipal debt securities issued by state and local governments, placing it within the municipal bond and tax-exempt fixed-income category.
The Fund is part of the Western Asset fund family and its common shares are listed on the New York Stock Exchange under the symbol MHF. As a closed-end fund, it operates as an investment vehicle rather than an operating company that sells goods or services. Its economic focus is the ownership and management of a municipal securities portfolio designed around income generation and federal tax-exempt interest characteristics.
The Fund's public-company structure includes a board of directors and stockholder voting matters. Its proxy materials document governance items such as director elections and the ratification of an independent registered public accounting firm. These governance disclosures reflect the Fund's status as a registered investment company with publicly traded shares and stockholder meeting procedures.
Stock Performance
Western Asset Municipal High Income Fund (MHF) stock last traded at $6.91, down 0.14% from the previous close. At a market capitalization of $153.8M, MHF is classified as a micro-cap stock with approximately 22.2M shares outstanding.
MHF Rankings
Latest News
Western Asset Municipal High Income Fund has 10 recent news articles. Of the recent coverage, 1 article coincided with positive price movement and 7 with negative movement. View all MHF news →
SEC Filings
Western Asset Municipal High Income Fund has filed 5 recent SEC filings, including 1 Form 3, 1 Form SCHEDULE 13G/A, 1 Form DEF 14A, 1 Form N-CEN. The most recent filing was submitted on April 30, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all MHF SEC filings →
Financial Highlights
Upcoming Events
Fiscal year end
Western Asset Municipal High Income Fund has 1 upcoming scheduled event. The next event, "Fiscal year end", is scheduled for October 31, 2026 (in 136 days). 1 of the upcoming events are financial in nature, such as earnings calls or quarterly results. Investors can track these dates to stay informed about potential catalysts that may affect the MHF stock price.
Short Interest History
Short interest in Western Asset Municipal High Income Fund (MHF) currently stands at 11.9 thousand shares, down 65.9% from the previous reporting period, representing 0.1% of the float. Over the past 12 months, short interest has decreased by 73.1%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Western Asset Municipal High Income Fund (MHF) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed.
MHF Company Profile & Sector Positioning
Western Asset Municipal High Income Fund (MHF) operates in the Asset Management industry within the broader Financial Services sector and is listed on the NYSE. Among dividend-paying stocks, MHF ranks #424 by dividend yield. In monthly performance, the stock ranks #2,257 among all tracked companies.
Investors comparing MHF often look at related companies in the same sector, including Invesco Trust for New York Investment Grade Municipals (VTN), BlackRock MuniYield Pennsylvania Quality Fund (MPA), Virtus Stone Harbor Emerging Markets Income Fund (EDF), Blackstone Long-Short Credit Income (BGX), and MS Emerging Markets Debt Fund (MSD). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate MHF's relative position within its industry.