Western Asset Municipal High Income Fund
MHF
43 hedge funds and large institutions have $18M invested in Western Asset Municipal High Income Fund in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
10% more funds holding
Funds holding: 39 → 43 (+4)
9% more capital invested
Capital invested by funds: $16.5M → $18M (+$1.48M)
0.38% more ownership
Funds ownership: 10.92% → 11.3% (+0.38%)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$811K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$294K |
| 3 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$183K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$159K |
| 5 |
BAS
Brown Advisory Securities
Baltimore,
Maryland
|
+$129K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$395K |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$317K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$190K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$108K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$98K |
MHF Hedge Fund Activity: Q2 2014 in Review
43 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal High Income Fund (MHF) for Q2 2014, worth a combined $18M — up 8.9% from $16.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new MHF positions and 1 closed out — a net gain of 4 holders — while 11 added to existing stakes and 12 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $811K. The largest seller was Morgan Stanley, cutting an estimated $395K.
- 43 institutional investors held Western Asset Municipal High Income Fund (MHF) as of Q2 2014, up from 39 in Q1 2014.
- Funds reported $18M of Western Asset Municipal High Income Fund stock for Q2 2014, up 8.9% quarter-over-quarter.
- 5 funds opened new Western Asset Municipal High Income Fund positions in Q2 2014 and 1 closed out, a net change of +4 holders.
- The largest Western Asset Municipal High Income Fund buyer in Q2 2014 was Advisors Asset Management, an estimated $811K added.
- The largest Western Asset Municipal High Income Fund seller in Q2 2014 was Morgan Stanley, an estimated $395K sold.
Based on aggregated 13F filings for Q2 2014.