Western Asset Municipal High Income Fund
MHF
35 hedge funds and large institutions have $18.6M invested in Western Asset Municipal High Income Fund in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 5 reducing their positions, and 8 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 5
32% more capital invested
Capital invested by funds: $14.2M → $18.6M (+$4.46M)
2.22% more ownership
Funds ownership: 8.89% → 11.11% (+2.2%)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
3% less funds holding
Funds holding: 36 → 35 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.87M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$899K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$787K |
| 4 |
KF
Krilogy Financial
St. Louis,
Missouri
|
+$723K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$349K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$492K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$400K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$279K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$224K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$144K |
MHF Hedge Fund Activity: Q3 2017 in Review
35 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal High Income Fund (MHF) for Q3 2017, worth a combined $18.6M — up 32% from $14.2M a quarter earlier.
Fund positioning in MHF was balanced in Q3 2017: 8 funds opened new positions, 8 closed out, 15 added to existing stakes and 5 trimmed.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $1.87M. The largest seller was Morgan Stanley, cutting an estimated $492K.
- 35 institutional investors held Western Asset Municipal High Income Fund (MHF) as of Q3 2017, down from 36 in Q2 2017.
- Funds reported $18.6M of Western Asset Municipal High Income Fund stock for Q3 2017, up 32% quarter-over-quarter.
- 8 funds opened new Western Asset Municipal High Income Fund positions in Q3 2017 and 8 closed out, a net change of 0 holders.
- The largest Western Asset Municipal High Income Fund buyer in Q3 2017 was Fiera Capital (Canada), an estimated $1.87M added.
- The largest Western Asset Municipal High Income Fund seller in Q3 2017 was Morgan Stanley, an estimated $492K sold.
Based on aggregated 13F filings for Q3 2017.