Closed-End Funds: Screening For The Best Municipal Bond Exposure

Municipal bond closed-end funds (CEFs) are seeing narrowing discounts, with NXP and MHF offering the most compelling value in the space at present. Leverage costs are easing as the Fed cuts rates, which should improve distribution coverage and make leveraged muni CEFs more attractive. Of course, there are always risks that include increased volatility from leverage and sensitivity to long-term Treasury rates, but we've seen long-term rate stabilization within a fairly narrow range.

Seeking Alpha • Feb 4, 2026

Western Asset Municipal High Income Fund Inc. Announces Financial Position as of July 31, 2025

NEW YORK--(BUSINESS WIRE)--Category: Financials.

Business Wire • Sep 22, 2025

Western Asset Municipal High Income Fund Inc. Announces Results of Annual Meeting of Stockholders

NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement.

Business Wire • Apr 17, 2025

Western Asset Municipal High Income Fund Inc. Announces Financial Position as of January 31, 2025

NEW YORK--(BUSINESS WIRE)--Category: Financials.

Business Wire • Mar 24, 2025

Western Asset Municipal High Income Fund Inc. Announces Financial Position as of July 31, 2024

NEW YORK--(BUSINESS WIRE)--Category: Financials.

Business Wire • Sep 25, 2024

MHF: A Look At The 6% Tax Advantaged Yield

Muni bonds are popular ways to avoid taxes and get your income fix. We look at MHF today which provides a 6.00%, tax advantaged, yield. The fund has some solid advantages and we weigh that versus the difficulty of sustaining the 6% yield.

Seeking Alpha • Mar 31, 2024

Western Asset Municipal High Income Fund Inc. (NYSE: MHF) Announces Portfolio Management Team Update

NEW YORK--(BUSINESS WIRE)--Effective March 1, 2024, the named portfolio management team responsible for the day-to-day oversight of the Fund is as follows:

Business Wire • Mar 4, 2024

Franklin Templeton Fund Adviser, LLC Announces Distributions for the Months of March, April and May 2024

NEW YORK--(BUSINESS WIRE)--Category: Distribution Related.

Business Wire • Feb 20, 2024

Certain Closed End Funds Advised by Legg Mason Partners Fund Advisor, LLC Announce Appointment of New Lead Independent Director

The Board of each Fund announced today the appointment of Eileen Kamerick as Lead Independent Director, effective November 8, 2022. Ms. Kamerick replaces William Hutchinson, the former Lead Independent Director of the Funds, who recently passed away. The Boards also announced that Nisha Kumar will succeed Ms. Kamerick as Chair of each Fund's Audit Committee.

Business Wire • Nov 10, 2022

These Funds Are Solid Bargains When Markets Go South. 9 That Offer High Yields.

Closed-end funds offer hefty yields and trade at discounts from the value of their underlying assets. But leverage poses a danger.

Barrons • Sep 30, 2022