NEW YORK--(BUSINESS WIRE)-- Western Asset Municipal High Income Fund Inc. (NYSE: MHF) announces its portfolio composition as of September 30, 2012.
Investment Objective: The Fund seeks high current income exempt from Federal income taxes.
Top Ten Municipal Sectors
|Special Tax Obligation||6.0%|
|Pre refunded / Escrowed to Maturity||5.7%|
|Water & Sewer||3.5%|
Credit Quality Allocation**
Average Life (years)
Effective Duration (years)
Average Coupon (%)
Subject to AMT (%)
November 28, 1988
(Daily NAV is available on market quotation systems using the symbol XMHFX.)
|$0.0330 per share|
|Monthly (Declared quarterly, paid monthly)|
Portfolio holdings and weightings are historical and are presented here for
Credit quality is a measure of a bond issuer's ability to repay interest and
Western Asset Municipal High Income Fund Inc., a diversified closed-end investment management company, is advised by Legg Mason Partners Fund Advisor, LLC, a wholly owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, an affiliate of the advisor.
An investment in the Fund involves risk, including loss of principal. Investment return and the value of shares will fluctuate. Fixed income securities are subject to credit risk, inflation risk, call risk, and interest rate risk. As interest rates rise, bond prices fall, reducing the value of the Fund's share price. Certain investors may be subject to the alternative minimum tax (AMT). State and local taxes may apply. The Fund may invest in derivative instruments. Derivative instruments can be illiquid, may disproportionately increase losses, and have a potentially large impact on Fund performance.
Data and commentary provided in this press release are for informational purposes only. Legg Mason and its affiliates do not engage in selling shares of the Fund.
Western Asset Municipal High Income Fund Inc.
Fund Investor Services, 888-777-0102
Source: Western Asset Municipal High Income Fund Inc.