Western Asset Municipal High Income Fund Inc. : Announces Financial Position as of January 31, 2019
March 27, 2019 at 08:32 am
Share
Western Asset Municipal High Income Fund Inc. (NYSE:MHF) today announced
the financial position of the Fund as of January 31, 2019
Current Q
Previous Q
Prior Yr Q
January 31, 2019
October 31, 2018
January 31, 2018
Total Net Assets (a)
$
167,282,205
$
165,769,462
$
169,908,131
NAV Per Share of Common Stock (a)
$
7.73
$
7.66
$
7.85
Market Price Per Share
$
7.34
$
6.91
$
7.25
Premium / (Discount)
(5.05
)%
(9.79
)%
(7.64
)%
Outstanding Shares
21,632,934
21,632,934
21,632,934
Total Net Investment Income (b)
$
1,675,423
$
1,795,799
$
1,731,595
Total Net Realized/Unrealized Gain/(Loss) (b)
$
1,492,239
$
(3,262,118
)
$
(1,628,729
)
Net Increase (Decrease) in Net Assets From Operations (b)
$
3,167,662
$
(1,466,319
)
$
102,866
Earnings per Common Share Outstanding
Total Net Investment Income (b)
$
0.08
$
0.08
$
0.08
Total Net Realized/Unrealized Gain/(Loss) (b)
$
0.07
$
(0.15
)
$
(0.08
)
Net Increase (Decrease) in Net Assets From Operations (b)
$
0.15
$
(0.07
)
$
0.00
†
Undistributed/(Overdistributed) Net Investment Income (c)
$
297,960
$
277,456
$
57,303
Undistributed/(Overdistributed) Net Investment Income
Per Share (c)
$
0.01
$
0.01
$
0.00
†
Footnotes:
(a)
NAVs are calculated as of the close of business on the last business
day in the periods indicated above.
(b)
For the quarter indicated.
(c)
As of the date indicated above.
†
Amount represents less than $0.01 per share.
This financial data is unaudited.
The Fund files its semi-annual and annual reports
with the Securities and Exchange Commission, as well as its complete
schedule of portfolio holdings for the first and third quarters of each
fiscal year on Form N-Q. These reports are
available on the Commission’s website at www.sec.gov.
To obtain information on Form N-Q or a semi-annual
or annual report from the Fund, shareholders can call 1-888-777-0102.
Western Asset Municipal High Income Fund Inc., a diversified, closed-end
management investment company, is managed by Legg Mason Partners Fund
Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., and is
sub-advised by Western Asset Management Company, an affiliate of the
investment manager.
For more information about the Fund, please call 1-888-777-0102 or
consult the Fund’s web site at www.lmcef.com.
Hard copies of the Fund’s complete audited financial statements are
available free of charge upon request.
Data and commentary provided in this press release are for informational
purposes only. Legg Mason and its affiliates do not engage in selling
shares of the Fund.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190327005117/en/
Western Asset Municipal High Income Fund Inc. is a diversified, closed-end management investment company. The Fundâs investment objective is to seek high current income exempt from federal income taxes. The Fund seeks to achieve its investment objective by investing primarily in intermediate-and long-term municipal debt securities issued by state and local governments (municipal obligations). However, the Fund may invest in municipal obligations of any maturity. The Fund may invest up to 100% of its assets in municipal obligations rated below investment grade (junk bonds). The Fund's portfolio of investments includes transportation, industrial, healthcare, leasing, water and sewer, special tax, local general obligation, education, other, and cash and cash equivalents. Legg Mason Partners Fund Advisor, LLC is the Fund's investment manager and Western Asset Management Company, LLC (Western Asset) is the Fund's subadvisor.