profit from every $100 of sales.
$0$100
Western Asset Municipal High Income Fund
$6.25+0.64% today
-11.1% in 1 year
1-year low $6.011-year high $7.12
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2025.
0%20% a year
You pay $37.71 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Western Asset Municipal High Income Fund sold, what it kept, and what it did with the cash.
Sales went from -$20.5 million in 2022 to $4.03 million in 2025, with $3.68 million of profit last year.
SalesProfit
Western Asset Municipal High Income Fund vs. similar companies
Western Asset Municipal High Income Fund grows the slowest of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Western Asset Municipal High Income Fund | 37.7× · Expensive | ||
 Nuveen AMT-Free Quality Municipal Income Fund | 36.9× · Expensive | ||
 Eaton Vance Tax-Managed Global Diversified Equity Income Fund | 6.9× · Cheap | ||
 Nuveen Preferred & Income Opportunities Fund | 6.7× · Cheap | ||
 PIMCO Corporate & Income Opportunity Fund | 8.6× · Cheap |
AI analysis
An AI analyst reads Western Asset Municipal High Income Fund's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -21 | 4 | 18 | 4 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| -21 | 4 | 18 | 4 | |
| -0.96 | 0.18 | 0.84 | – | |
| – | – | – | – | |
| – | – | – | – | |
| 101.3% | 94.5% | 98.7% | 91.4% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 149 | 154 | 164 | 159 |
| Cash | – | – | – | 0 |
| Total debt | 1 | 3 | 4 | 3 |
| Total liabilities | 1 | 7 | 7 | 4 |
| 147 | 146 | 157 | 155 | |
| 22 | 22 | 22 | – | |
| – | – | – | – | |
| -14.1% | 2.7% | 11.6% | 2.4% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 37.7×
- –
- –
- 1.0×
- 34.5×
- –
- –
- 0.0%
- 2.7%
- 5.9%
Profitability
- 74.6%
- 63.8%
- 91.4%
- 63.8%
- -396.3%
- 1.5%
- 2.4%
- 2.3%
- 2.4%
- –
Growth
- −2.2%
- –
- –
- +7.7%
- +0.6%
Financial health
- 0.7×
- 0.02
- 1.7%
- 90.6×
- –
- –
- 0.04
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 11%of 522
Bottom 9%of 903
Bottom 17%of 911
Bottom 28%of 939
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Oct 31, 2024 | 0.24 | – | – |
| Apr 29, 2024 | 0.61 | – | – |
| Apr 12, 2024 | -0.16 | – | – |
| Apr 30, 2023 | 0.25 | – | – |
| Oct 31, 2022 | -0.38 | – | – |
| Apr 30, 2022 | -0.58 | – | – |
| Oct 31, 2021 | 0.03 | – | – |
| Apr 30, 2021 | 0.39 | – | – |
5.9%of the share price, paid each year
On $1,000 invested$59a year at today's yield, before tax
+7.7%2020 to 2025
Raised3 yearsin a row, in our data
Paid per share, each year
$0.35 in 2015 → $0.41 in 2025
How safe it looks
0.0% of its profit
Room to growStretchedMore than it earnsNews
Western Union purchase of Intermex gets conditional California approvalSeeking Alpha · Nov 11, 2026Western Forest Products reports Q3 resultsSeeking Alpha · Nov 6, 2026What Did Western Digital's Latest Quarter Change For Its Stock?Yahoo Finance · Oct 28, 2026Western Digital, Allegro MicroSystems, Amtech, and Teradyne shares skyrocket, what you need to knowYahoo Finance · Oct 27, 2026Western New England GAAP EPS of $0.32 beats by $0.06, revenue of $23.9M beats by $2.84MSeeking Alpha · Oct 27, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about Western Asset Municipal High Income Fund
Is Western Asset Municipal High Income Fund a good stock to buy?
A strong, very profitable business, but the price is high. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Western Asset Municipal High Income Fund AI analysis
What does Western Asset Municipal High Income Fund do?
Western Asset Municipal High Income Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company. The fund invests in the fixed income markets of the United States. It is in Asset Management - Income.
Does Western Asset Municipal High Income Fund pay a dividend?
Yes. At today's price the dividend is 5.9% a year.
Is Western Asset Municipal High Income Fund stock halal?
No. Western Asset Municipal High Income Fund does not pass our halal screen: its main business, interest-based asset management, is not permitted. How we check
How has Western Asset Municipal High Income Fund stock done over the past year?
Down 11.1% over the past twelve months, to $6.25. It traded between $6.01 and $7.12 and is 12.2% below its high.
Who are Western Asset Municipal High Income Fund's competitors?
The largest listed companies in the same industry are Nuveen AMT-Free Quality Municipal Income Fund, Eaton Vance Tax-Managed Global Diversified Equity Income Fund, Nuveen Preferred & Income Opportunities Fund and PIMCO Corporate & Income Opportunity Fund. The peers table on this page compares their profit, growth and price with Western Asset Municipal High Income Fund's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.