Western Asset Municipal Excessive Revenue Fund Inc. (NYSE:MHF – Get Score) was the goal of a big drop briefly curiosity throughout the month of August. As of August thirty first, there was brief curiosity totalling 8,600 shares, a drop of 77.9% from the August fifteenth complete of 39,000 shares. Primarily based on a median buying and selling quantity of 46,600 shares, the short-interest ratio is presently 0.2 days.
Hedge Funds Weigh In On Western Asset Municipal Excessive Revenue Fund
A number of hedge funds have just lately added to or decreased their stakes within the inventory. LPL Monetary LLC lifted its stake in Western Asset Municipal Excessive Revenue Fund by 17.2% within the second quarter. LPL Monetary LLC now owns 20,395 shares of the monetary providers supplier’s inventory valued at $134,000 after shopping for an extra 3,000 shares throughout the interval. UBS Group AG lifted its stake in Western Asset Municipal Excessive Revenue Fund by 9.4% within the second quarter. UBS Group AG now owns 44,040 shares of the monetary providers supplier’s inventory valued at $289,000 after shopping for an extra 3,770 shares throughout the interval. US Bancorp DE lifted its stake in Western Asset Municipal Excessive Revenue Fund by 561.0% within the second quarter. US Bancorp DE now owns 4,713 shares of the monetary providers supplier’s inventory valued at $31,000 after shopping for an extra 4,000 shares throughout the interval. Prospera Monetary Companies Inc lifted its stake in Western Asset Municipal Excessive Revenue Fund by 5.9% within the first quarter. Prospera Monetary Companies Inc now owns 81,820 shares of the monetary providers supplier’s inventory valued at $576,000 after shopping for an extra 4,551 shares throughout the interval. Lastly, Fortitude Advisory Group L.L.C. lifted its stake in Western Asset Municipal Excessive Revenue Fund by 30.5% within the first quarter. Fortitude Advisory Group L.L.C. now owns 22,156 shares of the monetary providers supplier’s inventory valued at $156,000 after shopping for an extra 5,179 shares throughout the interval. Institutional buyers and hedge funds personal 17.58% of the corporate’s inventory.
Western Asset Municipal Excessive Revenue Fund Value Efficiency
Advert Tradewins
The Most secure Possibility in Trades!
When you’re new to buying and selling, then you definitely’ve in all probability heard the incorrect factor about choices—that they’re dangerous, unpredictable, or troublesome.
And it couldn’t be extra incorrect! With the Hughes Optioneering Technique, you’ll quickly study that the most secure possibility for brand new accounts is choices themselves!
Western Asset Municipal Excessive Revenue Fund inventory traded down $0.02 throughout mid-day buying and selling on Tuesday, hitting $6.56. The inventory had a buying and selling quantity of 18,622 shares, in comparison with its common quantity of 46,434. The inventory has a 50-day easy shifting common of $6.74 and a two-hundred day easy shifting common of $6.79. Western Asset Municipal Excessive Revenue Fund has a 12 month low of $6.40 and a 12 month excessive of $8.91.
Western Asset Municipal Excessive Revenue Fund Dividend Announcement
The enterprise additionally just lately introduced a month-to-month dividend, which will probably be paid on Thursday, December 1st. Shareholders of document on Tuesday, November twenty second will probably be paid a $0.0198 dividend. This represents a $0.24 annualized dividend and a yield of three.62%. The ex-dividend date is Monday, November twenty first.
About Western Asset Municipal Excessive Revenue Fund
(Get Score)
Western Asset Municipal Excessive Revenue Fund Inc is a closed ended mounted earnings mutual fund launched and managed by Legg Mason Companions Fund Advisor, LLC. It’s co-managed by Western Asset Administration Firm. The fund invests within the mounted earnings markets of america. It invests primarily in intermediate and long-term municipal debt securities issued by state and native governments together with U.S.
Featured Articles
This immediate information alert was generated by narrative science know-how and monetary information from MarketBeat with a purpose to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.
Earlier than you contemplate Western Asset Municipal Excessive Revenue Fund, you may need to hear this.
MarketBeat retains observe of Wall Avenue’s top-rated and greatest performing analysis analysts and the shares they advocate to their shoppers each day. MarketBeat has recognized the 5 shares that prime analysts are quietly whispering to their shoppers to purchase now earlier than the broader market catches on… and Western Asset Municipal Excessive Revenue Fund wasn’t on the listing.
Whereas Western Asset Municipal Excessive Revenue Fund presently has a “N/A” ranking amongst analysts, top-rated analysts consider these 5 shares are higher buys.
View The 5 Shares Right here
