Western Asset Municipal High Income Fund
MHF
47 hedge funds and large institutions have $22.4M invested in Western Asset Municipal High Income Fund in 2022 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 10 reducing their positions, and 3 closing their positions.
90% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 10
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
4% more funds holding
Funds holding: 45 → 47 (+2)
1.62% more ownership
Funds ownership: 13.1% → 14.72% (+1.6%)
1% less capital invested
Capital invested by funds: $22.7M → $22.4M (-$316K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.11M |
| 2 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$727K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$506K |
| 4 |
Morgan Stanley
New York
|
+$262K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$223K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LP
Lloyd Park
Wilmette,
Illinois
|
-$473K |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$209K |
| 3 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$114K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$86.5K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$50K |
MHF Hedge Fund Activity: Q1 2022 in Review
47 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal High Income Fund (MHF) for Q1 2022, worth a combined $22.4M — down 1.4% from $22.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new MHF positions and 3 closed out — a net gain of 2 holders — while 19 added to existing stakes and 10 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $1.11M. The largest seller was Lloyd Park, exiting entirely with an estimated $473K sold.
- 47 institutional investors held Western Asset Municipal High Income Fund (MHF) as of Q1 2022, up from 45 in Q4 2021.
- Funds reported $22.4M of Western Asset Municipal High Income Fund stock for Q1 2022, down 1.4% quarter-over-quarter.
- 5 funds opened new Western Asset Municipal High Income Fund positions in Q1 2022 and 3 closed out, a net change of +2 holders.
- The largest Western Asset Municipal High Income Fund buyer in Q1 2022 was Karpus Investment Management, an estimated $1.11M added.
- The largest Western Asset Municipal High Income Fund seller in Q1 2022 was Lloyd Park, an estimated $473K sold.
Based on aggregated 13F filings for Q1 2022.