Sentinel Trust Co. LBA Takes Position in Western Asset High Income Fund (MHF)

Sentinel Trust Co. LBA bought a new stake in Western Asset High Income Fund (NYSE:MHF) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 18,600 shares of the financial services provider’s stock, valued at approximately $138,000. Sentinel Trust Co. LBA owned approximately 0.09% of Western Asset High Income Fund as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MHF. Vivaldi Capital Management LLC acquired a new position in shares of Western Asset High Income Fund during the 3rd quarter worth approximately $117,000. SG Americas Securities LLC acquired a new position in shares of Western Asset High Income Fund during the 4th quarter worth approximately $113,000. First Trust Advisors LP acquired a new position in shares of Western Asset High Income Fund during the 4th quarter worth approximately $121,000. Landscape Capital Management L.L.C. increased its position in shares of Western Asset High Income Fund by 99.2% during the 4th quarter. Landscape Capital Management L.L.C. now owns 43,509 shares of the financial services provider’s stock worth $322,000 after purchasing an additional 21,669 shares during the last quarter. Finally, Doliver Capital Advisors LP acquired a new position in shares of Western Asset High Income Fund during the 4th quarter worth approximately $397,000. Hedge funds and other institutional investors own 11.06% of the company’s stock.

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Shares of MHF stock traded down $0.06 during trading on Friday, reaching $7.09. 237,652 shares of the company’s stock were exchanged, compared to its average volume of 31,794. Western Asset High Income Fund has a twelve month low of $7.08 and a twelve month high of $8.05.

The firm also recently announced a monthly dividend, which was paid on Monday, April 2nd. Investors of record on Friday, March 23rd were issued a dividend of $0.0255 per share. This represents a $0.31 dividend on an annualized basis and a dividend yield of 4.32%. The ex-dividend date of this dividend was Thursday, March 22nd.

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Western Asset High Income Fund Profile

Western Asset Municipal High Income Fund Inc is a diversified, closed-end management investment company. The Fund seeks high current income exempt from federal income taxes. The Fund invests primarily in intermediate and long-term municipal debt securities issued by state and local governments, including the United States territories and possessions, political subdivisions, agencies and public authorities.

Institutional Ownership by Quarter for Western Asset High Income Fund (NYSE:MHF)

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