Western Asset Municipal High Income Fund Inc.

Western Asset Municipal High Income Fund Inc.verified

MHF

Price:

$7.292

Market Cap:

$157.88M

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 ROE as of September 2024 (TTM) for Western Asset Municipal High Income Fund Inc. (MHF) is 6.14%

According to Western Asset Municipal High Income Fund Inc.’s latest financial reports and current stock price. The company's current ROE is 6.14%. This represents a change of 346.18% compared to the average of 1.38% of the last 4 quarters.

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

How has MHF ROE performed in the past?

The mean historical ROE of Western Asset Municipal High Income Fund Inc. over the last ten years is 2.56%. The current 6.14% ROE has changed 139.38% with respect to the historical average. Over the past ten years (40 quarters), MHF's ROE was at its highest in in the October 2019 quarter at 12.44%. The ROE was at its lowest in in the April 2022 quarter at -7.89%.

Quarterly (TTM)
Annual

Average

2.56%

Median

2.67%

Minimum

-14.10%

Maximum

11.52%

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

Discovering the peaks and valleys of Western Asset Municipal High Income Fund Inc. ROE, 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 = 1.41%

Maximum Annual ROE = 11.52%

Minimum Annual Increase = -421.99%

Minimum Annual ROE = -14.10%

Quarterly (TTM)
Annual
YearROEChange
20232.72%-119.32%
2022-14.10%-372.75%
20215.17%283.16%
20201.35%-84.08%
20198.47%1.41%
20180.56%-69.54%
20171.84%-66.47%
20165.49%110.24%
20152.61%-77.34%
201411.52%-421.99%

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

How has MHF ROE performed in the past?

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

3-year avg

-2.07%

5-year avg

0.72%

10-year avg

2.56%

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

How is MHF’s ROE compared to its peers?

Western Asset Municipal High Income Fund Inc.’s ROE is less than Western Asset Managed Municipals Fund Inc. (19.59%), less than BlackRock MuniHoldings Quality Fund II, Inc. (3.99%), less than DTF Tax-Free Income 2028 Term Fund Inc. (0.36%), less than John Hancock Income Securities Trust (4.59%), less than Nuveen New York Select Tax-Free Income Portfolio (0%), less than Nuveen Massachusetts Quality Municipal Income Fund (16.78%), less than Fiera Capital Corporation (17.71%), less than The European Equity Fund, Inc. (20.25%), less than MFS High Yield Municipal Trust (22.63%), less than MFS Investment Grade Municipal Trust (6.05%), less than MFS Municipal Income Trust (3.44%), less than MFS Government Markets Income Trust (4.56%), less than MFS High Income Municipal Trust (0.49%), less than Virtus Convertible & Income 2024 Target Term Fund (6.81%), less than Eaton Vance National Municipal Opportunities Trust (21.86%), less than Invesco High Income 2024 Target Term Fund (11.25%), less than null (25.55%),

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