Western Asset Municipal High Income Fund Inc. Declares Dividend for the Months of June, July and August 2018, Payable on July 2, 2018, August 1, 2018 and September 4, 2018 Respectively
May 14, 2018 at 06:00 pm IST
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Western Asset Municipal High Income Fund Inc. declared dividend of $0.02550 for the months of June, July and August 2018, payable on July 2, 2018, August 1, 2018 and September 4, 2018 to the shareholders record on June 22, 2018, July 20, 2018 and August 24, 2018 with the ex-dividend date of June 21, 2018, July 19, 2018 and August 23, 2018 respectively.
Western Asset Municipal High Income Fund Inc. is a diversified, closed-end management investment company. The Fundâs investment objective is to seek high current income exempt from federal income taxes. The Fund seeks to achieve its investment objective by investing primarily in intermediate-and long-term municipal debt securities issued by state and local governments (municipal obligations). However, the Fund may invest in municipal obligations of any maturity. The Fund may invest up to 100% of its assets in municipal obligations rated below investment grade (junk bonds). The Fund's portfolio of investments includes transportation, industrial, healthcare, leasing, water and sewer, special tax, local general obligation, education, other, and cash and cash equivalents. Legg Mason Partners Fund Advisor, LLC is the Fund's investment manager and Western Asset Management Company, LLC (Western Asset) is the Fund's subadvisor.
Western Asset Municipal High Income Fund Inc. Declares Dividend for the Months of June, July and August 2018, Payable on July 2, 2018, August 1, 2018 and September 4, 2018 Respectively