Western Asset Municipal High Income Fund Inc.

Western Asset Municipal High Income Fund Inc.verified

MHF

Price:

$7.28

Market Cap:

$157.62M

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. territories and possessions, political subdivisions, agencies and public authorities. The fund seeks to invest in investment grade debt securities rated in one of the four highest rating categories by a nationally recognized statistical rating organization to create its portfolio. It benchmarks t...[Read more]

Industry

Asset Management - Income

IPO Date

1988-11-21

Stock Exchange

NYSE

Ticker

MHF

The PE Ratio as of September 2024 (TTM) for Western Asset Municipal High Income Fund Inc. (MHF) is 26.00

According to Western Asset Municipal High Income Fund Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 26.00. This represents a change of -1660.92% compared to the average of -1.67 of the last 4 quarters.

Western Asset Municipal High Income Fund Inc. (MHF) Historical PE Ratio (quarterly & annually)

How has MHF PE Ratio performed in the past?

The mean historical PE Ratio of Western Asset Municipal High Income Fund Inc. over the last ten years is 40.98. The current 26.00 PE Ratio has changed 6.25% with respect to the historical average. Over the past ten years (40 quarters), MHF's PE Ratio was at its highest in in the July 2021 quarter at 141.49. The PE Ratio was at its lowest in in the January 2018 quarter at -268.51.

Quarterly (TTM)
Annual

Average

40.98

Median

26.58

Minimum

-6.52

Maximum

173.25

Western Asset Municipal High Income Fund Inc. (MHF) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Western Asset Municipal High Income Fund Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 504.78%

Maximum Annual PE Ratio = 173.25

Minimum Annual Increase = -601.06%

Minimum Annual PE Ratio = -6.52

Quarterly (TTM)
Annual
YearPE RatioChange
202332.67-601.06%
2022-6.52-131.83%
202120.49-69.81%
202067.85504.78%
201911.22-93.52%
2018173.25246.96%
201749.93194.23%
201616.97-52.73%
201535.90349.11%
20147.99-131.50%

Western Asset Municipal High Income Fund Inc. (MHF) Average PE Ratio

How has MHF PE Ratio performed in the past?

The current PE Ratio of Western Asset Municipal High Income Fund Inc. (MHF) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

15.55

5-year avg

25.14

10-year avg

40.98

Western Asset Municipal High Income Fund Inc. (MHF) PE Ratio vs. Peers

How is MHF’s PE Ratio compared to its peers?

Western Asset Municipal High Income Fund Inc.’s PE Ratio is greater than Western Asset Managed Municipals Fund Inc. (4.87), greater than BlackRock MuniHoldings Quality Fund II, Inc. (23.24), less than DTF Tax-Free Income 2028 Term Fund Inc. (257.08), greater than John Hancock Income Securities Trust (22.10), less than Nuveen New York Select Tax-Free Income Portfolio (0), greater than Nuveen Massachusetts Quality Municipal Income Fund (5.78), greater than Fiera Capital Corporation (5.37), greater than The European Equity Fund, Inc. (12.69), greater than MFS High Yield Municipal Trust (3.96), greater than MFS Investment Grade Municipal Trust (16.29), less than MFS Municipal Income Trust (28.38), greater than MFS Government Markets Income Trust (22.70), less than MFS High Income Municipal Trust (204.15), greater than Virtus Convertible & Income 2024 Target Term Fund (14.26), greater than Eaton Vance National Municipal Opportunities Trust (0), greater than Invesco High Income 2024 Target Term Fund (8.95), greater than null (3.76),

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