Western Asset Municipal High Income Fund
MHF
47 hedge funds and large institutions have $33.4M invested in Western Asset Municipal High Income Fund in 2025 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
50% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 10
12% more funds holding
Funds holding: 42 → 47 (+5)
6% more capital invested
Capital invested by funds: $31.5M → $33.4M (+$1.94M)
0.42% more ownership
Funds ownership: 20.92% → 21.34% (+0.42%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.05M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$429K |
| 3 |
ATPW
Ashton Thomas Private Wealth
Scottsdale,
Arizona
|
+$241K |
| 4 |
Jones Financial Companies
Des Peres,
Missouri
|
+$170K |
| 5 |
Jane Street
New York
|
+$99.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$699K |
| 2 |
Morgan Stanley
New York
|
-$539K |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$194K |
| 4 |
RIL
Rothschild Investment LLC
Chicago,
Illinois
|
-$175K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$114K |
MHF Hedge Fund Activity: Q3 2025 in Review
47 of the 7,641 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal High Income Fund (MHF) for Q3 2025, worth a combined $33.4M — up 6.2% from $31.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MHF positions and 2 closed out — a net gain of 5 holders — while 15 added to existing stakes and 10 trimmed.
The largest buyer was LPL Financial, adding an estimated $1.05M. The largest seller was Hennion & Walsh Asset Management, cutting an estimated $699K.
- 47 institutional investors held Western Asset Municipal High Income Fund (MHF) as of Q3 2025, up from 42 in Q2 2025.
- Funds reported $33.4M of Western Asset Municipal High Income Fund stock for Q3 2025, up 6.2% quarter-over-quarter.
- 7 funds opened new Western Asset Municipal High Income Fund positions in Q3 2025 and 2 closed out, a net change of +5 holders.
- The largest Western Asset Municipal High Income Fund buyer in Q3 2025 was LPL Financial, an estimated $1.05M added.
- The largest Western Asset Municipal High Income Fund seller in Q3 2025 was Hennion & Walsh Asset Management, an estimated $699K sold.
Based on aggregated 13F filings for Q3 2025.