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MHF

Western Asset Municipal High Income Fund

47 hedge funds and large institutions have $22.1M 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.

New
Increased
Maintained
Reduced
Closed

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: 4547 (+2)

1.62% more ownership

Funds ownership: 13.1%14.72% (+1.6%)

3% less capital invested

Capital invested by funds: $22.7M → $22.1M (-$645K)

Holders
47
Holders Change
+2
Holders Change %
+4.44%
% of All Funds
0.74%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
19
Reduced
10
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
1
Raymond James & Associates
Florida
$3.92M +$506K +68,915 +14%
Morgan Stanley
2
Morgan Stanley
New York
$3.34M +$262K +35,649 +8%
RJFSA
3
Raymond James Financial Services Advisors
Florida
$2.97M +$223K +30,422 +8%
Baird Financial Group
4
Baird Financial Group
Wisconsin
$1.19M +$77.4K +10,541 +7%
KIM
5
Karpus Investment Management
New York
$1.07M +$1.11M +151,447 New
Bank of America
6
Bank of America
North Carolina
$945K -$86.5K -11,788 -8%
GC
7
Guggenheim Capital
Illinois
$926K -$23.4K -3,192 -2%
Cambridge Investment Research Advisors
8
Cambridge Investment Research Advisors
Iowa
$899K -$3.52K -480 -0.4%
Janney Montgomery Scott
9
Janney Montgomery Scott
Pennsylvania
$881K +$26.3K +3,584 +3%
TIM
10
Tortoise Investment Management
New York
$698K +$727K +99,101 New
Wells Fargo
11
Wells Fargo
California
$623K -$50K -6,811 -7%
PFS
12
Prospera Financial Services
Texas
$576K +$33.4K +4,551 +6%
RIA
13
Realta Investment Advisors
Delaware
$392K
WAP
14
Wealthcare Advisory Partners
Pennsylvania
$306K +$165K +22,500 +107%
GCP
15
Gill Capital Partners
Colorado
$285K
UBS Group
16
UBS Group
Switzerland
$283K -$37.1K -5,057 -11%
Northwestern Mutual Wealth Management
17
Northwestern Mutual Wealth Management
Wisconsin
$251K +$144K +19,655 +124%
Truist Financial
18
Truist Financial
North Carolina
$233K
Susquehanna International Group
19
Susquehanna International Group
Pennsylvania
$226K +$159K +21,728 +209%
BIM
20
Bridgecreek Investment Management
Oklahoma
$211K
First Trust Advisors
21
First Trust Advisors
Illinois
$194K -$5.03K -685 -2%
FAG
22
Fortitude Advisory Group
Washington
$156K +$38K +5,179 +31%
NA
23
NewEdge Advisors
Louisiana
$151K -$22K -3,000 -12%
Osaic Holdings
24
Osaic Holdings
Arizona
$145K +$7.72K +1,052 +5%
CIA
25
Capital Investment Advisors
Georgia
$132K

MHF Hedge Fund Activity: Q1 2022 in Review

47 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal High Income Fund (MHF) for Q1 2022, worth a combined $22.1M — down 2.8% 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 $22.1M of Western Asset Municipal High Income Fund stock for Q1 2022, down 2.8% 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.