Western Asset Municipal High Income Fund Class I (LMHIX)
| Fund Assets | 267.73M |
| Expense Ratio | 0.62% |
| Min. Investment | $1,000,000 |
| Turnover | 12.00% |
| Dividend (ttm) | 0.52 |
| Dividend Yield | 4.05% |
| Dividend Growth | -0.82% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 28, 2025 |
| Previous Close | 12.72 |
| YTD Return | 3.03% |
| 1-Year Return | 3.62% |
| 5-Year Return | 7.74% |
| 52-Week Low | 11.75 |
| 52-Week High | 12.78 |
| Beta (5Y) | n/a |
| Holdings | 212 |
| 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 3.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.45%.
Top 10 Holdings
22.48% of assets| Name | Symbol | Weight |
|---|---|---|
| NEW YORK ST TRANSPRTN DEV CORP - New York Transportation Development Corp | NY.NYTTRN 5.38 06.30.2060 | 3.57% |
| CALIFORNIA ST POLL CONTROL FIN - California Pollution Control Financing Authority | CA.CASPOL 5 11.21.2045 | 2.76% |
| PHOENIX AZ INDL DEV AUTH EDU R - Industrial Development Authority of the City of Phoenix Arizona/The | AZ.PHOEDU 5 07.01.2045 | 2.47% |
| NEW YORK ST TRANSPRTN DEV CORP - New York Transportation Development Corp | NY.NYTTRN 5.12 06.30.2060 | 2.27% |
| HOUSTON TX ARPT SYS REVENUE - City of Houston TX Airport System Revenue | TX.HOUAPT 6.5 07.15.2030 | 2.05% |
| PENNSYLVANIA ST ECON DEV FING - Pennsylvania Economic Development Financing Authority | PA.PASDEV 5.25 06.30.2053 | 2.01% |
| PUBLIC AUTH FOR COLORADO ST EN - Public Authority for Colorado Energy | CO.PUBUTL 6.5 11.15.2038 | 2.00% |
| HOUSTON TX ARPT SYS REVENUE - City of Houston TX Airport System Revenue | n/a | 1.84% |
| PUERTO RICO SALES TAX FING COR - Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | PR.PRCGEN 4.75 07.01.2053 | 1.84% |
| NEW YORK STATE DORMITORY AUTHORITY (TOBS) | NY.NYSHGR 4 03.15.2045 | 1.67% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 28, 2025 | $0.03943 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04655 | Oct 31, 2025 |
| Sep 30, 2025 | $0.04097 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04536 | Aug 29, 2025 |
| Jul 31, 2025 | $0.04405 | Jul 31, 2025 |
| Jun 30, 2025 | $0.041 | Jun 30, 2025 |