NVDA+0.84%AAPL−2.51%GOOGL−1.17%MSFT−2.04%AMZN−0.15%TSM+2.85%SPCX−1.20%AVGO+0.21%
StockVS

NYSE · Asset Management · USD

Western Asset Municipal High Income Fund Inc. (MHF) Stock Analysis

Western Asset Municipal High Income Fund Inc. (MHF) is a Asset Management stock listed on NYSE and quoted in US Dollar.

MHF

$6.75

+$0.01 (+0.15%)

Sep 4, 2026 · Market close

Compare

Price History

Hover for the daily close. The dotted line marks the period open.

Compare MHF with… →

MHF Key Statistics

As of Sep 4, 2026
Trading
Open
$6.73
Previous Close
$6.74
Day's Range
6.73–6.77
52-Week Range
6.63–7.64
Volume
25.10K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.47
Valuation
Market Cap
$150.01M
P/E Ratio
17.76
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
22.57
EPS (ttm)Profit attributable to each share over the last twelve months.
0.38
Financials (FY)
Revenue (FY)
$4.03M−78.12%
Net Income (FY)
$3.68M−79.75%
Profit marginThe share of revenue left as profit after all costs and taxes.
123.17%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
22.22M
1-Year Return
+1.47%
Dividend and dates
Dividend
$0.41+6.05%
Ex-Dividend Date
September 23, 2026
Avg Volume
65.06K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

MHF Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+1.57%
2025+7.18%
2024+12.00%
2023+4.56%
2022−17.65%
2021+10.45%
2020+2.97%
2019+14.02%
2018−2.19%
2017+7.63%
2016 (partial year)−9.90%

As of September 4, 2026.

MHF Revenue and Earnings by Fiscal Year

FY ends October
Fiscal yearRevenueNet incomeNet margin
2025$4.03M$3.68M91.4%
2024$18.42M$18.19M98.7%
2023$4.21M$3.98M94.5%
2022−$20.51M−$20.78M101.3%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$4.03M——$3.68M91.4%
2024$18.42M——$18.19M98.7%
2023$4.21M——$3.98M94.5%
2022−$20.51M——−$20.78M101.3%

Annual figures as reported, in the company's reporting currency. As of October 31, 2025.

MHF Dividend History

$0.41+6.2% vs 2024

Dividends per share, 2025 · 12 payments

YearDividends per sharePaymentsChange
2026*$0.278—
2025$0.4112+6.2%
2024$0.3812+56.7%
2023$0.2512+2.1%
YearDividends per sharePaymentsChange
2026 (partial year)$0.278—
2025$0.4112+6.2%
2024$0.3812+56.7%
2023$0.2512+2.1%
2022$0.2412−8.4%
2021$0.2612−6.4%
2020$0.2812−9.7%
2019$0.3112−0.6%
2018$0.3112+0.0%
2017$0.3112+191.6%
2016$0.114—

Most recent payment: $0.03 per share, ex-dividend August 24, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

MHF Valuation vs Asset Management Median

Median of 561 stocks
MetricMHFAsset Management medianvs median
P/E17.7610.3472% above
P/S ratio22.5710.42117% above
Profit margin123.17%24.09%99.1 pts above

Medians across 561 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

Western Asset Municipal High Income Fund Inc. (MHF) is capitalised at $150.01M on the latest close. It is classified in the Asset Management industry, within the Financial Services sector.

The most recent close on file for MHF is $6.75, dated September 4, 2026. That is +$0.01 (+0.15%) against the previous close. The 52-week range on file runs from $6.63 to $7.64. The latest close sits 1.81% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $4.03M. That is −78.12% against the prior fiscal year, when revenue was $18.42M. The same year closed with net income of $3.68M. That is −79.75% against the prior fiscal year. Profit margin runs at 123.17%. That is 99.1 percentage points above the Asset Management median of 24.09%. Trailing earnings per share are 0.38.

Across the 4 fiscal years on file, revenue moves from −$20.51M in 2022 to $4.03M in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 17.76 times earnings. That is 71.76% above the Asset Management median of 10.34. The price-to-sales ratio is 22.57. On price-to-sales that is 116.62% above the Asset Management median of 10.42. 561 Asset Management companies report these metrics, and the medians quoted come from that group.

Over the trailing twelve months the price has returned +1.47%. Measured over 10 years, that is +2.73% a year compounded. The reported beta is 0.47. Annualized volatility over the trailing 10 years is 13.5%.

Growth & Income

The trailing dividend yield is 6.05%. That is 2.1 percentage points below the Asset Management median yield of 8.11%. At the indicated rate that is $0.41 a share a year. The ex-dividend date on file is September 23, 2026. Dividends are recorded for 11 calendar years; 2026 shows 8 payments totalling $0.27 a share. The year before, 2025, totalled $0.41 a share.

The strongest complete calendar year on file is 2019 at +14.02%; the weakest is 2022 at −17.65%. Of the 9 complete calendar years on file, 7 finished higher. 2026 is still running; the price is +1.57% year to date.

Peer Comparison

Western Asset Municipal High Income Fund Inc. (MHF) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Western Asset Municipal High Income Fund Inc. MHF $150.01M 17.8
BlackRock, Inc. BLK $182.35B 26.9
Blackstone Inc. BX $162.74B 30.5
KKR & Co. Inc. KKR $99.50B 34.4

The Asset Management industry average P/E ratio is 10.3x. Western Asset Municipal High Income Fund Inc. trades at a P/E of 17.8.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

Related Asset Management Stocks

BLK

BlackRock, Inc.

$182.35B

 BX

Blackstone Inc.

$162.74B

 KKR

KKR & Co. Inc.

$99.50B

 BN

Brookfield Corporation

$89.99B

 BAM

Brookfield Asset Management Ltd.

$80.82B

 APO

Apollo Global Management, Inc.

$78.94B
View all Asset Management stocks →

Popular Financial Services Stocks

BRK-B

Berkshire Hathaway Inc.

$1.08T

 JPM

JPMorgan Chase & Co.

$953.33B

 V

Visa Inc.

$700.27B

 MA

Mastercard Incorporated

$507.39B

 BAC

Bank of America Corporation

$438.31B
View all Financial Services stocks →

About Western Asset Municipal High Income Fund Inc.

Western Asset Municipal High Income Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company. The fund invests in the fixed income markets of the United States. It invests primarily in intermediate and long-term municipal debt securities issued by state and local governments including U.S. territories and possessions, political subdivisions, agencies and public authorities. The fund seeks to invest in investment grade debt securities rated in one of the four highest rating categories by a nationally recognized statistical rating organization to create its portfolio. It benchmarks the performance of its portfolio against the Lehman Brothers Municipal Bond Index. The fund was formerly known as Municipal High Income Fund Inc. Western Asset Municipal High Income Fund Inc. was formed on November 28, 1988 and is domiciled in the United States.

Visit website →