AICA Event
CEF Advisors AICA Event NAVigator Podcast

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

Go to AICA CEF/BDC Screener Learn More @ www.AICalliance.org

Western Asset Municipal High Income Fund (MHF)

National Muni Bond Funds - Muni High Yield

Data as of Sept. 20, 2023
Current
Market Price $6.26 (+ $0.03)
NAV (Sept. 20, 2023) $7.08 ( $0.00)
Fund Listed NYSE
Premium / Discount -11.58% (+0.42%)
Fund Info
Inception Nov. 28, 1988
Sponsor
Website https://www.franklinte...
Phone 1-888-777-0102
NAV Symbol XMHFX
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: April 30, 2023) $158M
Estimated Total Assets $155M
Net Assets $153M
Market Cap $136M
Portfolio Turnover 6.00%
Total Leverage 1.16%
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) -5.88%
Discount Low(3 Yr) -12.27%
Discount High(3 Yr) 8.51%
Discount Rel Range (3 Yr) 3.31%
Comp Discount -0.46
Discount St Dev (1Yr) 1.64
Z-Stat
Z-Stat (6mo) -0.87
Z-Stat (1Yr) -1.18
Z-Stat (3Yr) -1.32
Comp Z-Stat (6mo) -0.03
Comp Z-Stat (3Yr) -0.06
Distribution Data
Market Yield 3.99%
Income Yield 3.99%
Lev Adj NAV Yield 3.48%
Distribution Frequency M
Current Distribution $0.021
Current Income $0.021
Ex-Date 9/21/23
Payable Date 10/2/23
Div Growth (3yr) -4.59%
Dividend Change 5.1% on 8/2/23
Expected Div 11/14/23
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) $258
Avg Volume 30 day 44,721
Avg Volume 90 day 41,250
Volume Trend 8.41%
Comp Volume Trend 8.55%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
53.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
63.0%
Price Correlation (1yr)
vs. CEFA's High Yield Municipal Index
81.0%
Most Correlated Peer (Mk Pr): MFM 79.0%
NAV - Price Correlation (30 d) 67.7%
NAV - Price Correlation (90 d) 91.9%
NAV - Price Correlation (1 Yr) 67.4%
Price St Dev (1Yr) 14.4%
NAV St Dev (1Yr) 4.1%
Earnings
Earnings / Share (7/31/23) $0.022
Earn Coverage 103.37%
Earnings Trend Flat
UNII / Share (7/31/23) $0.019
Rel UNII 7.69
UNII Trend Up
Bond Specific Data
Maturity 9.47
Duration 7.15
Credit Rating (rbo) BBB
Investment Grade 77.03%
Non Investment Grade 12.55%
Unrated Bonds 10.42%
Average Bond Price 100.84
Discount vs Price -10.74
Coupon 4.91%
Zero Coupon 2.40%
AMT 17.47%
AMT Yield 3.79%
Bond Calls Risk 13.30%
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
0.50
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
0.28
NAV Beta (2yr)
vs. CEFA's High Yield Municipal Index
0.46

DISCLOSURES:

CEFData.com makes data for the universe of closed-end funds (CEFs) and business development companies (BDCs) available to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

© Closed-End Fund Advisors Inc.(CEFadvisors) and CEFdata.com 2019. All rights reserved. Any copying, republication or redistribution of CEFadvisors, CEFdata.com, content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of CEFAdvisors. CEFAdvisors shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.