Western Asset Municipal High Income Fund (STXAX)
| Fund Assets | 270.28M |
| Expense Ratio | 0.81% |
| Min. Investment | $1,000 |
| Turnover | 20.00% |
| Dividend (ttm) | 0.49 |
| Dividend Yield | 3.70% |
| Dividend Growth | -2.52% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 12.74 |
| YTD Return | -0.32% |
| 1-Year Return | -0.90% |
| 5-Year Return | 5.27% |
| 52-Week Low | 12.14 |
| 52-Week High | 13.25 |
| Beta (5Y) | 0.29 |
| Holdings | 217 |
| Inception Date | Nov 6, 1992 |
About STXAX
Western Asset Municipal High Income Fund Class A is a mutual fund that primarily focuses on generating high monthly income for investors, with a key feature being that this income is generally exempt from regular federal income taxes. The fund invests mainly in a diversified portfolio of U.S. municipal bonds, including those with a range of credit qualities, which may involve allocation to lower-quality securities that offer higher yields but carry greater credit risk. It employs sector rotation and issuer selection strategies to optimize performance across different segments of the municipal bond market. The fund's objectives include both capital preservation and appreciation, which it pursues by balancing income generation with risk management. Its role in the financial market is to provide investors—particularly those seeking tax-advantaged income—with access to a professionally managed pool of municipal debt securities, supporting infrastructure and public projects across the United States while offering a potential hedge against taxable income liabilities.
Performance
STXAX had a total return of -0.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.17%.
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 | $0.04318 | Aug 29, 2025 |
| Jul 31, 2025 | $0.04197 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03912 | Jun 30, 2025 |
| May 30, 2025 | $0.04308 | May 30, 2025 |
| Apr 30, 2025 | $0.0407 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03953 | Mar 31, 2025 |