US · MHF
Western Asset Municipal High Income Fund Inc.
- Sector
- Financial Services · Asset Management - Income
- Headquarters
- New York City, NY 10017
Price · as of 2024-10-31
$6.90
Market cap 150.96M
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $26.22 | +280% |
| Intrinsic Value(DCF) | $3.11 | -54.93% |
| Graham-Dodd Method(GD) | $11.44 | +65.74% |
| Graham Formula(GF) | $35.93 | +420.65% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2010 | |||||
| 2011 | |||||
| 2012 | $4.61 | ||||
| 2013 | $4.05 | $29.96 | $1.25 | $6.20 | $0.00 |
| 2014 | $4.76 | $52.93 | $2.05 | $12.78 | $2.77 |
| 2015 | $5.10 | $28.17 | $0.99 | $9.01 | $1.97 |
| 2016 | $4.83 | $27.53 | $2.85 | $10.31 | $0.00 |
| 2017 | $5.22 | $51.24 | $5.87 | $8.90 | $0.00 |
| 2018 | $5.18 | $52.33 | $5.38 | $7.34 | $0.00 |
| 2019 | $5.90 | $218.93 | $0.00 | $11.44 | $788.60 |
| 2020 | $5.92 | $52.30 | $3.40 | $8.39 | $0.00 |
| 2021 | $6.42 | $26.85 | $0.91 | $10.08 | $25.77 |
| 2022 | $5.59 | $57.13 | $1.84 | $2.01 | $38.48 |
| 2023 | $5.70 | $28.43 | $1.51 | $7.51 | $5.91 |
| 2024 | $6.52 | $26.22 | $0.44 | $11.44 | $35.92 |
AI valuation
Our deep-learning model estimates Western Asset Municipal High Income Fund Inc.'s (MHF) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $26.22
- Current price
- $6.90
- AI upside
- +280%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$3.11
-54.93% upside
Graham-Dodd
$11.44
+65.74% upside
Graham Formula
$35.93
+420.65% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| MHF | Western Asset Municipal H… | $6.90 | 150.96M | +280% | -55% | +66% | +421% | 7.75 | 0.90 | 17.98 | 7.98 | 2.11 | 0.90 | 234.80% | 231.84% | 231.84% | 12.01% | 11.75% | 11.46% | 0.03 | 152.32 | 1.21 | 1.20 | 0.22 | 36667.00% | 3623.00% | — | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.00% | 7.98 | — | 18.49 | 12.22 |
| BWG | Legg Mason BW Global Inco… | $8.32 | 139.71M | +457% | +73% | — | — | 9.13 | 0.92 | 7.14 | 11.27 | — | 0.92 | 90.44% | 102.71% | 78.21% | 10.04% | 8.18% | 5.85% | 0.66 | 5.37 | 0.00 | 0.23 | 4.93 | -4802.00% | -3764.00% | -6725.00% | 5.08% | 0.09 | 2.89% | 11.42% | 104.20% | 11.42% | 11.27 | 31.94 | 11.57 | 0.33 |
| CXE | MFS High Income Municipal… | $3.84 | 121.06M | +679% | -21% | -72% | — | 1575.35 | 0.91 | 37.98 | 58.54 | — | 0.91 | -0.11% | 102.52% | 2.41% | 0.06% | 1.59% | 0.03% | 0.53 | 1.02 | 0.27 | 0.27 | 21.50 | -9954.00% | -6907.00% | 659.00% | 5.01% | 0.42 | 2.94% | 5.42% | 8537.30% | 5.42% | 58.54 | 31.56 | 60.02 | 0.71 |
| DMO | Western Asset Mortgage Op… | $11.34 | 129.15M | +722% | +869% | — | +127% | 6.86 | 0.86 | 4.86 | — | 27.66 | 0.86 | 99.03% | 104.56% | 70.84% | 12.50% | 10.37% | 6.89% | 0.84 | 3.09 | 0.16 | 0.55 | — | 2479.00% | 948.00% | -9135.00% | 0.67% | 0.20 | 0.32% | 14.75% | 101.10% | 98.83% | 9.18 | 294.70 | 9.60 | 0.67 |
| PAI | Western Asset Investment … | $12.65 | 120.31M | +234% | -24% | +18% | +68% | 29.75 | 0.92 | 18.84 | 29.53 | — | 0.92 | 87.23% | 63.32% | 63.32% | 3.06% | 3.07% | 3.05% | 0.00 | — | 4.88 | 14.88 | -0.02 | -6486.00% | 4738.00% | — | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 1.20% | 29.53 | — | 18.70 | 391.00 |
| PFD | Flaherty & Crumrine Prefe… | $11.97 | 153.85M | +116% | -38% | -51% | -22% | 12.34 | 0.95 | 9.18 | 14.06 | — | 0.95 | 90.08% | 103.32% | 74.46% | 7.74% | 6.90% | 4.93% | 0.56 | 3.61 | 5.92 | 9.36 | 5.17 | -5571.00% | 151.00% | 466.00% | 6.03% | 23.44 | 3.69% | 6.48% | 79.90% | 7.40% | 14.06 | 26.25 | 14.53 | 1.20 |
| PIM | Putnam Master Intermediat… | $3.32 | 159.97M | +5,216% | +67% | +73% | — | 6.67 | 0.86 | 6.53 | 6.66 | 0.92 | 0.86 | 100.00% | 97.97% | 97.97% | 13.16% | 13.17% | 7.77% | 0.00 | — | 0.36 | 0.27 | 0.00 | 72117.00% | -41619.00% | — | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.00% | 6.66 | — | 6.53 | 0.47 |
| VTN | Invesco Trust for Investm… | $11.58 | 169.24M | +490% | +1% | -47% | -79% | 24.37 | 0.84 | 9.50 | — | — | 0.84 | 100.00% | 84.66% | 39.00% | 2.88% | 4.41% | 1.86% | 0.24 | 2.47 | 4.78 | 4.78 | — | -5230.00% | -229.00% | 106942.00% | 78.73% | 152.72 | 38.95% | 5.16% | 125.60% | 142.44% | 14.46 | 1.64 | 12.24 | 1.04 |
About Western Asset Municipal High Income Fund Inc.
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 invests primarily in intermediate and long-term municipal debt securities issued by state and local governments including U.S. territories and possessions, political subdivisions, agencies and public authorities. The fund seeks to invest in investment grade debt securities rated in one of the four highest rating categories by a nationally recognized statistical rating organization to create its portfolio. It benchmarks the performance of its portfolio against the Lehman Brothers Municipal Bond Index. The fund was formerly known as Municipal High Income Fund Inc. Western Asset Municipal High Income Fund Inc. was formed on November 28, 1988 and is domiciled in the United States.
- CEO
- Kenneth Donald Fuller
- Employees
- 0
- Beta
- 0.53
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($3.11 ÷ $6.90) − 1 = -54.93% (DCF, example).