Western Asset Municipal High Income Fund
MHF
41 hedge funds and large institutions have $22.2M invested in Western Asset Municipal High Income Fund in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
3% more funds holding
Funds holding: 40 → 41 (+1)
4% more capital invested
Capital invested by funds: $21.3M → $22.2M (+$827K)
0.45% more ownership
Funds ownership: 13.71% → 14.16% (+0.45%)
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.17M |
| 2 |
BIM
Bridgecreek Investment Management
Tulsa,
Oklahoma
|
+$289K |
| 3 |
Morgan Stanley
New York
|
+$284K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$241K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$101K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KF
Krilogy Financial
St. Louis,
Missouri
|
-$730K |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$653K |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$461K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$200K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$112K |
MHF Hedge Fund Activity: Q2 2018 in Review
41 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal High Income Fund (MHF) for Q2 2018, worth a combined $22.2M — up 3.9% from $21.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MHF positions and 5 closed out — a net gain of 1 holder — while 9 added to existing stakes and 13 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $2.17M. The largest seller was Krilogy Financial, exiting entirely with an estimated $730K sold.
- 41 institutional investors held Western Asset Municipal High Income Fund (MHF) as of Q2 2018, up from 40 in Q1 2018.
- Funds reported $22.2M of Western Asset Municipal High Income Fund stock for Q2 2018, up 3.9% quarter-over-quarter.
- 6 funds opened new Western Asset Municipal High Income Fund positions in Q2 2018 and 5 closed out, a net change of +1 holder.
- The largest Western Asset Municipal High Income Fund buyer in Q2 2018 was Karpus Investment Management, an estimated $2.17M added.
- The largest Western Asset Municipal High Income Fund seller in Q2 2018 was Krilogy Financial, an estimated $730K sold.
Based on aggregated 13F filings for Q2 2018.