Western Asset Municipal High Income Fund Class I (LMHIX)

Fund Assets	224.62M
Expense Ratio	0.602%
Min. Investment	$1,000,000
Turnover	3.00%
Dividend (ttm)	0.51
Dividend Yield	4.34%
Dividend Growth	-1.00%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	11.71
YTD Return	-4.92%
1-Year Return	-3.64%
5-Year Return	-0.53%
52-Week Low	11.71
52-Week High	12.96
Beta (5Y)	0.13
Holdings	205
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.

• Fund Family: Franklin Templeton, Inc
• Category: High Yield Muni
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: LMHIX
• Share Class: Class I
• Index: Bloomberg Municipal Bond TR

Performance

LMHIX had a total return of -3.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.97%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
STXAX	Class A	0.82%
SMHLX	Class C	1.36%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.04189	Sep 30, 2026
Aug 31, 2026	$0.04012	Aug 31, 2026
Jul 31, 2026	$0.04582	Jul 31, 2026
Jun 30, 2026	$0.04158	Jun 30, 2026
May 29, 2026	$0.04336	May 29, 2026
Apr 30, 2026	$0.0423	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 12, 2026

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