Western Asset Municipal High Income Fund
MHF
41 hedge funds and large institutions have $22.7M invested in Western Asset Municipal High Income Fund in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 5 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
4% more capital invested
Capital invested by funds: $21.9M → $22.7M (+$833K)
0.66% more ownership
Funds ownership: 14.16% → 14.82% (+0.66%)
0% more funds holding
Funds holding: 41 → 41 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.46M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.14M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$156K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$142K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$112K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$863K |
| 2 |
Morgan Stanley
New York
|
-$414K |
| 3 |
VanEck Associates
New York
|
-$390K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$199K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$154K |
MHF Hedge Fund Activity: Q3 2018 in Review
41 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal High Income Fund (MHF) for Q3 2018, worth a combined $22.7M — up 3.8% from $21.9M a quarter earlier.
Fund positioning in MHF was balanced in Q3 2018: 5 funds opened new positions, 5 closed out, 14 added to existing stakes and 10 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $1.46M. The largest seller was Invesco, cutting an estimated $863K.
- 41 institutional investors held Western Asset Municipal High Income Fund (MHF) as of Q3 2018, unchanged from Q2 2018.
- Funds reported $22.7M of Western Asset Municipal High Income Fund stock for Q3 2018, up 3.8% quarter-over-quarter.
- 5 funds opened new Western Asset Municipal High Income Fund positions in Q3 2018 and 5 closed out, a net change of 0 holders.
- The largest Western Asset Municipal High Income Fund buyer in Q3 2018 was Karpus Investment Management, an estimated $1.46M added.
- The largest Western Asset Municipal High Income Fund seller in Q3 2018 was Invesco, an estimated $863K sold.
Based on aggregated 13F filings for Q3 2018.