Western Asset Municipal High Income I (LMHIX)
| Fund Assets | 270.28M |
| Expense Ratio | 0.62% |
| Min. Investment | $1,000,000 |
| Turnover | 20.00% |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 4.06% |
| Dividend Growth | -1.91% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 12.46 |
| YTD Return | -1.39% |
| 1-Year Return | -1.73% |
| 5-Year Return | 4.62% |
| 52-Week Low | 12.08 |
| 52-Week High | 13.18 |
| Beta (5Y) | n/a |
| Holdings | 217 |
| 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 -1.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.11%.
Top 10 Holdings
22.70% of assets| Name | Symbol | Weight |
|---|---|---|
| NEW YORK TRANSN DEV CORP SPL FAC REV 5.375% | NY.NYTTRN 5.38 06.30.2060 | 3.38% |
| HOUSTON TEX ARPT SYS REV 5% | TX.HOUAPT 5 07.15.2035 | 2.76% |
| CALIFORNIA POLLUTION CTL FING AUTH WTR FURNISHING REV 5% | CA.CASPOL 5 11.21.2045 | 2.58% |
| PHOENIX ARIZ INDL DEV AUTH ED REV 5% | AZ.PHOEDU 5 07.01.2045 | 2.41% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 5.125% | NY.NYTTRN 5.12 06.30.2060 | 2.14% |
| HOUSTON TEX ARPT SYS REV 6.5% | TX.HOUAPT 6.5 07.15.2030 | 2.06% |
| PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.5% | CO.PUBUTL 6.5 11.15.2038 | 1.91% |
| PENNSYLVANIA ECONOMIC DEV FING AUTH PRIVATE ACTIVITY REV 5.25% | PA.PASDEV 5.25 06.30.2053 | 1.87% |
| HOUSTON TEX ARPT SYS REV 6.625% | TX.HOUAPT 6.62 07.15.2038 | 1.85% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75% | PR.PRCGEN 4.75 07.01.2053 | 1.74% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.04536 | Aug 29, 2025 |
| Jul 31, 2025 | $0.04405 | Jul 31, 2025 |
| Jun 30, 2025 | $0.041 | Jun 30, 2025 |
| May 30, 2025 | $0.04517 | May 30, 2025 |
| Apr 30, 2025 | $0.04264 | Apr 30, 2025 |
| Mar 31, 2025 | $0.04142 | Mar 31, 2025 |