Western Asset Municipal High Income Fund
MHF
36 hedge funds and large institutions have $14.3M invested in Western Asset Municipal High Income Fund in 2015 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 4 closing their positions.
0.87% less ownership
Funds ownership: 9.36% → 8.5% (-0.87%)
2% less capital invested
Capital invested by funds: $14.6M → $14.3M (-$298K)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
8% less funds holding
Funds holding: 39 → 36 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$544K |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$127K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$107K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$66.1K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$43.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$681K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$433K |
| 3 |
Morgan Stanley
New York
|
-$385K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$334K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$166K |
MHF Hedge Fund Activity: Q4 2015 in Review
36 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal High Income Fund (MHF) for Q4 2015, worth a combined $14.3M — down 2% from $14.6M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MHF and 1 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 12 added.
The largest buyer was LPL Financial, adding an estimated $544K. The largest seller was Guggenheim Capital, exiting entirely with an estimated $681K sold.
- 36 institutional investors held Western Asset Municipal High Income Fund (MHF) as of Q4 2015, down from 39 in Q3 2015.
- Funds reported $14.3M of Western Asset Municipal High Income Fund stock for Q4 2015, down 2% quarter-over-quarter.
- 1 fund opened new Western Asset Municipal High Income Fund positions in Q4 2015 and 4 closed out, a net change of -3 holders.
- The largest Western Asset Municipal High Income Fund buyer in Q4 2015 was LPL Financial, an estimated $544K added.
- The largest Western Asset Municipal High Income Fund seller in Q4 2015 was Guggenheim Capital, an estimated $681K sold.
Based on aggregated 13F filings for Q4 2015.