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MHF

Western Asset Municipal High Income Fund

39 hedge funds and large institutions have $14.6M invested in Western Asset Municipal High Income Fund in 2015 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 2

20% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 10

7% more capital invested

Capital invested by funds: $13.7M → $14.6M (+$950K)

5% more funds holding

Funds holding: 3739 (+2)

0.53% more ownership

Funds ownership: 8.83%9.36% (+0.53%)

Holders
39
Holders Change
+2
Holders Change %
+5.41%
% of All Funds
1.09%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
12
Reduced
10
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJFSA
1
Raymond James Financial Services Advisors
Florida
$2.13M +$2.12M +295,140 New
AAM
2
Advisors Asset Management
Colorado
$1.73M -$1.82M -253,108 -51%
Morgan Stanley
3
Morgan Stanley
New York
$1.61M +$265K +36,867 +20%
RJA
4
Raymond James & Associates
Florida
$1.06M +$64.8K +9,014 +7%
UBS Group
5
UBS Group
Switzerland
$1.03M -$332K -46,147 -25%
GC
6
Guggenheim Capital
Illinois
$681K -$71.5K -9,943 -10%
UCFA
7
United Capital Financial Advisors
Texas
$573K +$111K +15,498 +24%
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$572K +$111K +15,403 +24%
CIA
9
Capital Investment Advisors
Georgia
$533K
LPL Financial
10
LPL Financial
California
$525K -$49K -6,822 -9%
LCM
11
Landscape Capital Management
New Jersey
$433K +$212K +29,461 +97%
Bank of America
12
Bank of America
North Carolina
$410K -$21.6K -3,000 -5%
Wells Fargo
13
Wells Fargo
California
$372K +$75.3K +10,477 +26%
Cambridge Investment Research Advisors
14
Cambridge Investment Research Advisors
Iowa
$336K -$9.24K -1,285 -3%
BAS
15
Brown Advisory Securities
Maryland
$259K -$66.1K -9,200 -21%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$253K -$44K -6,119 -15%
UR
17
USCA RIA
Texas
$246K +$244K +34,011 New
VanEck Associates
18
VanEck Associates
New York
$222K +$57.9K +8,062 +36%
WS
19
Wedbush Securities
California
$202K +$2.42K +336 +1%
GHAM
20
Gilman Hill Asset Management
Connecticut
$181K
CRC
21
Curi RMB Capital
Illinois
$166K -$42.8K -5,960 -21%
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$140K +$1.68K +233 +1%
GEM
23
Global Endowment Management
North Carolina
$129K
Janney Montgomery Scott
24
Janney Montgomery Scott
Pennsylvania
$116K
AFWA
25
Ancora Family Wealth Advisors
Ohio
$115K +$114K +15,864 New

MHF Hedge Fund Activity: Q3 2015 in Review

39 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal High Income Fund (MHF) for Q3 2015, worth a combined $14.6M — up 7% from $13.7M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new MHF positions and 2 closed out — a net gain of 2 holders — while 12 added to existing stakes and 10 trimmed.

The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $2.12M. The largest seller was Advisors Asset Management, cutting an estimated $1.82M.

  • 39 institutional investors held Western Asset Municipal High Income Fund (MHF) as of Q3 2015, up from 37 in Q2 2015.
  • Funds reported $14.6M of Western Asset Municipal High Income Fund stock for Q3 2015, up 7% quarter-over-quarter.
  • 4 funds opened new Western Asset Municipal High Income Fund positions in Q3 2015 and 2 closed out, a net change of +2 holders.
  • The largest Western Asset Municipal High Income Fund buyer in Q3 2015 was Raymond James Financial Services Advisors, an estimated $2.12M added.
  • The largest Western Asset Municipal High Income Fund seller in Q3 2015 was Advisors Asset Management, an estimated $1.82M sold.

Based on aggregated 13F filings for Q3 2015.