Western Asset Municipal High Income Fund
MHF
37 hedge funds and large institutions have $13.2M invested in Western Asset Municipal High Income Fund in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 4 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
0% more funds holding
Funds holding: 37 → 37 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0.39% less ownership
Funds ownership: 7.83% → 7.44% (-0.39%)
4% less capital invested
Capital invested by funds: $13.8M → $13.2M (-$589K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$340K |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$336K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$296K |
| 4 |
BAS
Brown Advisory Securities
Baltimore,
Maryland
|
+$179K |
| 5 |
CWM
Concert Wealth Management
San Jose,
California
|
+$156K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$698K |
| 2 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$573K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$441K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$326K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$122K |
MHF Hedge Fund Activity: Q2 2016 in Review
37 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal High Income Fund (MHF) for Q2 2016, worth a combined $13.2M — down 4.3% from $13.8M a quarter earlier.
Fund positioning in MHF was balanced in Q2 2016: 4 funds opened new positions, 4 closed out, 14 added to existing stakes and 12 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $340K. The largest seller was LPL Financial, cutting an estimated $698K.
- 37 institutional investors held Western Asset Municipal High Income Fund (MHF) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $13.2M of Western Asset Municipal High Income Fund stock for Q2 2016, down 4.3% quarter-over-quarter.
- 4 funds opened new Western Asset Municipal High Income Fund positions in Q2 2016 and 4 closed out, a net change of 0 holders.
- The largest Western Asset Municipal High Income Fund buyer in Q2 2016 was Envestnet Asset Management, an estimated $340K added.
- The largest Western Asset Municipal High Income Fund seller in Q2 2016 was LPL Financial, an estimated $698K sold.
Based on aggregated 13F filings for Q2 2016.