Western Asset Municipal High Income Fund
MHF
50 hedge funds and large institutions have $37.5M invested in Western Asset Municipal High Income Fund in 2024 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 8 closing their positions.
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
2% more funds holding
Funds holding: 49 → 50 (+1)
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
4.91% less ownership
Funds ownership: 29.21% → 24.3% (-4.9%)
13% less capital invested
Capital invested by funds: $42.9M → $37.5M (-$5.37M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$2.18M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.91M |
| 3 |
VanEck Associates
New York
|
+$762K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$468K |
| 5 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$433K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$5.59M |
| 2 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$3.63M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.88M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.18M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$304K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
51
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$1.18M | -172,724 | Closed |
|
|
52
Invesco
Atlanta,
Georgia
| – | -$304K | -44,893 | Closed |
|
53
Truist Financial
Charlotte,
North Carolina
| – | -$268K | -39,509 | Closed |
|
54
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$233K | -34,417 | Closed |
|
|
RIA
55
Realta Investment Advisors
Wilmington,
Delaware
| – | -$129K | -19,044 | Closed |
|
56
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$120K | -17,631 | Closed |
|
|
VF
57
Virtu Financial
New York
| – | -$101K | -14,837 | Closed |
|
|
NA
58
NewEdge Advisors
New Orleans,
Louisiana
| – | -$2.92K | -430 | Closed |
|
MHF Hedge Fund Activity: Q3 2024 in Review
50 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal High Income Fund (MHF) for Q3 2024, worth a combined $37.5M — down 13% from $42.9M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MHF positions and 8 closed out — a net gain of 1 holder — while 15 added to existing stakes and 14 trimmed.
The largest buyer was Hennion & Walsh Asset Management, adding an estimated $2.18M. The largest seller was Rivernorth Capital Management, cutting an estimated $5.59M.
- 50 institutional investors held Western Asset Municipal High Income Fund (MHF) as of Q3 2024, up from 49 in Q2 2024.
- Funds reported $37.5M of Western Asset Municipal High Income Fund stock for Q3 2024, down 13% quarter-over-quarter.
- 9 funds opened new Western Asset Municipal High Income Fund positions in Q3 2024 and 8 closed out, a net change of +1 holder.
- The largest Western Asset Municipal High Income Fund buyer in Q3 2024 was Hennion & Walsh Asset Management, an estimated $2.18M added.
- The largest Western Asset Municipal High Income Fund seller in Q3 2024 was Rivernorth Capital Management, an estimated $5.59M sold.
Based on aggregated 13F filings for Q3 2024.