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Western Asset Municipal High Income Fund (MHF)

National Muni Bond Funds - Muni High Yield

Data as of Feb. 23, 2024
Market Price $6.65 ( $0.00)
NAV (Feb. 23, 2024) $7.34 (+ $0.01)
Fund Listed NYSE
Premium / Discount -9.40% (-0.12%)
Fund Info
Inception Nov. 28, 1988
Website https://www.franklinte...
Phone 1-888-777-0102
Location New York
Incorporated Maryland (Subject to the Maryland Act)
Staggered Board Yes
Term Date N/A
Objective: High current income exempt from regular federal income tax; tax-exempt securities
Related Indexes
High Yield Municipal Index
Capital & Leverage
Outstanding Shares 21,651,223
Total Assets (Reported: Oct. 31, 2023) $153M
Estimated Total Assets $162M
Net Assets $159M
Market Cap $144M
Portfolio Turnover 14.00%
Total Leverage 1.83%
Structural Leverage (out of total) 0.00%
Portfolio Leverage (out of total) 100.00%
Expense Ratio 0.75%
Non Lev Exp Ratio 0.75%
Rel Lev Cost %
Discount Data
Average Discount (3 Yr) -6.60%
Discount Low(3 Yr) -13.49%
Discount High(3 Yr) 8.51%
Discount Rel Range (3 Yr) 19.14%
Comp Discount 0.46
Discount St Dev (1Yr) 1.21
Z-Stat (6mo) 2.23
Z-Stat (1Yr) 1.31
Z-Stat (3Yr) -0.57
Comp Z-Stat (6mo) 1.17
Comp Z-Stat (3Yr) 0.12
Distribution Data
Market Yield 6.14%
Income Yield 6.14%
Lev Adj NAV Yield 5.46%
Distribution Frequency M
Current Distribution $0.034
Current Income $0.034
Ex-Date 3/20/24
Payable Date 4/1/24
Div Growth (3yr) 55.96%
Dividend Change 54.5% on 2/20/24
Expected Div 2/13/24
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2022 2020 - 2022
Income 0.0% 0.8%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 0% 0%
RoC 0% 0%
Volume & Liquidity
Average Daily $ (K) $434
Avg Volume 30 day 54,044
Avg Volume 90 day 65,204
Volume Trend -17.12%
Comp Volume Trend 5.78%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's High Yield Municipal Index
Most Correlated Peer (Mk Pr): NZF 76.0%
NAV - Price Correlation (30 d) 52.4%
NAV - Price Correlation (90 d) 57.3%
NAV - Price Correlation (1 Yr) 84.0%
Price St Dev (1Yr) 11.0%
NAV St Dev (1Yr) 4.5%
Earnings / Share (11/30/23) $0.022
Earn Coverage 64.12%
Earnings Trend Up
UNII / Share (11/30/23) $0.024
Rel UNII 5.93
UNII Trend Up
Bond Specific Data
Maturity 10.15
Duration 7.73
Credit Rating (rbo) A
Investment Grade 80.46%
Non Investment Grade 9.16%
Unrated Bonds 10.46%
Average Bond Price 100.17
Discount vs Price -9.23
Coupon 5.08%
Zero Coupon 0.40%
AMT 18.24%
AMT Yield 5.82%
Bond Calls Risk 9.03%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's High Yield Municipal Index


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