Western Asset Municipal High Income Fund
MHF
41 hedge funds and large institutions have $17.7M invested in Western Asset Municipal High Income Fund in 2014 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 14 reducing their positions, and 6 closing their positions.
0.86% less ownership
Funds ownership: 11.48% → 10.62% (-0.86%)
2% less capital invested
Capital invested by funds: $18M → $17.7M (-$348K)
7% less funds holding
Funds holding: 44 → 41 (-3)
21% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 14
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$111K |
| 2 |
W
Wealthfront
Palo Alto,
California
|
+$59.1K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$58.1K |
| 4 |
BAS
Brown Advisory Securities
Baltimore,
Maryland
|
+$47.1K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$22.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$548K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$213K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$173K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$149K |
| 5 |
FFA
Fragasso Financial Advisors
Sewickley,
Pennsylvania
|
-$89.4K |
MHF Hedge Fund Activity: Q4 2014 in Review
41 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal High Income Fund (MHF) for Q4 2014, worth a combined $17.7M — down 1.9% from $18M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MHF and 4 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 11 added.
The largest buyer was Envestnet Asset Management, adding an estimated $111K. The largest seller was Invesco, exiting entirely with an estimated $548K sold.
- 41 institutional investors held Western Asset Municipal High Income Fund (MHF) as of Q4 2014, down from 44 in Q3 2014.
- Funds reported $17.7M of Western Asset Municipal High Income Fund stock for Q4 2014, down 1.9% quarter-over-quarter.
- 4 funds opened new Western Asset Municipal High Income Fund positions in Q4 2014 and 6 closed out, a net change of -2 holders.
- The largest Western Asset Municipal High Income Fund buyer in Q4 2014 was Envestnet Asset Management, an estimated $111K added.
- The largest Western Asset Municipal High Income Fund seller in Q4 2014 was Invesco, an estimated $548K sold.
Based on aggregated 13F filings for Q4 2014.