Western Asset Municipal High Income Fund
MHF
42 hedge funds and large institutions have $22.3M invested in Western Asset Municipal High Income Fund in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 4 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
19% more capital invested
Capital invested by funds: $18.8M → $22.3M (+$3.51M)
2% more funds holding
Funds holding: 41 → 42 (+1)
0.29% more ownership
Funds ownership: 12.28% → 12.57% (+0.29%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$564K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$466K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$207K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$162K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$152K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$585K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$434K |
| 3 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
-$170K |
| 4 |
ST
Sentinel Trust
Houston,
Texas
|
-$97K |
| 5 |
Goldman Sachs
New York
|
-$85K |
MHF Hedge Fund Activity: Q2 2020 in Review
42 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal High Income Fund (MHF) for Q2 2020, worth a combined $22.3M — up 19% from $18.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new MHF positions and 4 closed out — a net gain of 1 holder — while 14 added to existing stakes and 8 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $564K. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $585K.
- 42 institutional investors held Western Asset Municipal High Income Fund (MHF) as of Q2 2020, up from 41 in Q1 2020.
- Funds reported $22.3M of Western Asset Municipal High Income Fund stock for Q2 2020, up 19% quarter-over-quarter.
- 5 funds opened new Western Asset Municipal High Income Fund positions in Q2 2020 and 4 closed out, a net change of +1 holder.
- The largest Western Asset Municipal High Income Fund buyer in Q2 2020 was 1607 Capital Partners, an estimated $564K added.
- The largest Western Asset Municipal High Income Fund seller in Q2 2020 was Raymond James Financial Services Advisors, an estimated $585K sold.
Based on aggregated 13F filings for Q2 2020.