Western Asset Municipal High Income Fund Inc. (NYSE:MHF) Declares Monthly Dividend of $0.03

Western Asset Municipal High Income Fund Inc. (NYSE:MHF) announced a monthly dividend on Thursday, May 14th. Investors of record on Monday, August 24th will be given a dividend of 0.034 per share by the financial services provider on Monday, August 31st. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend is Monday, August 24th.

Western Asset Municipal High Income Fund Trading Up 0.3%

MHF traded up $0.02 during trading on Thursday, hitting $6.97. The company had a trading volume of 39,342 shares, compared to its average volume of 55,622. Western Asset Municipal High Income Fund has a one year low of $6.61 and a one year high of $7.64. The firm’s 50-day moving average price is $6.89 and its 200 day moving average price is $6.93.

About Western Asset Municipal High Income Fund

Western Asset Municipal High Income Fund Inc is a closed-end management investment company that seeks to provide high current income exempt from federal income taxes. The fund primarily invests in U.S. municipal securities, with an emphasis on high-yield bonds issued by state and local governments, authorities and agencies. Its portfolio may include general obligation bonds, revenue bonds, pre-refunded bonds, insured securities and variable-rate instruments, with the goal of delivering attractive tax-advantaged yields for shareholders.

The fund is managed by Western Asset Management Company, LP, a global fixed-income specialist and subsidiary of Franklin Resources, Inc Western Asset’s investment team employs a disciplined, research-driven approach, combining top-down macroeconomic analysis with bottom-up credit research to identify opportunities across the municipal bond market.