Western Asset Municipal High Income Fund Inc. Declares Dividend for the Months of June, July and August 2020, Payable on July 1, 2020, August 3, 2020 and September 1, 2020 Respectively
May 19, 2020 at 08:00 am EDT
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Western Asset Municipal High Income Fund Inc. declared dividend of $0.02430 for the months of June, July and August 2020, payable on July 1, 2020, August 3, 2020 and September 1, 2020 respectively to the shareholders record on June 23, 2020, July 24, 2020 and August 24, 2020 with the ex-dividend date of June 22, 2020, July 23, 2020 and August 21, 2020 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 2020, Payable on July 1, 2020, August 3, 2020 and September 1, 2020 Respectively