Western Asset Municipal High Income Fund Class I (LMHIX)
| Fund Assets | 263.60M |
| Expense Ratio | 0.62% |
| Min. Investment | $1,000,000 |
| Turnover | 12.00% |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 4.09% |
| Dividend Growth | -0.20% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 12.59 |
| YTD Return | -0.14% |
| 1-Year Return | 4.78% |
| 5-Year Return | 6.94% |
| 52-Week Low | 12.08 |
| 52-Week High | 12.96 |
| Beta (5Y) | n/a |
| Holdings | 213 |
| Inception Date | Mar 20, 2007 |
About LMHIX
Western Asset Municipal High Income Fund Class I is a mutual fund focused on delivering high income that is typically exempt from regular federal income taxes. Its primary strategy involves investing predominantly—at least 80% of its assets—in a diversified portfolio of U.S. municipal bonds, particularly those classified as high-yield or below investment grade. This approach aims to maximize current income by capitalizing on opportunities in the municipal bond sector, often through active sector rotation and rigorous issuer selection. The fund is managed by multiple experienced portfolio managers and emphasizes capital preservation and income appreciation, catering to investors seeking tax-advantaged income streams. With a 12-month yield around the category average and a history of tracking closely with high-yield municipal indices, the fund typically appeals to those interested in the municipal bond market’s higher-income segment. Its asset base, while below the category average, reflects a focused strategy within the high-yield muni segment, making it a notable option for exposure to U.S. municipal fixed income.
Performance
LMHIX had a total return of 4.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.32%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.03955 | Feb 27, 2026 |
| Jan 30, 2026 | $0.04364 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04464 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03943 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04655 | Oct 31, 2025 |
| Sep 30, 2025 | $0.04097 | Sep 30, 2025 |