MHF

BEARISH

$6.81 Live

Western Asset Municipal High Income Fund Inc. · NYSE

$6.61 52W Range $7.64

MHF Western Asset Municipal High Income Fund Inc. - Fundamental Analysis

BEARISH

Console Chart News

MHF Stock | Fundamental Analysis & Investment Insights

NYSE • Financial Services • Asset Management

Current Price Live

$6.81

52W High

$7.64

52W Low

$6.61

Overview AI Snowflake Price Valuation Profitability Growth Health Statements Peers SEC Filings

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Apr 30, 2026

Market cap

$151.23M

P/E

37.83

ROE

2.4%

Profit margin

55.4%

Debt/Equity

0.02

Dividend yield

5.99%

AI Analysis

AI-powered fundamental assessment

Confidence

85%

MHF presents a stable but deteriorating profile, characterized by a Piotroski F-Score of 6/9 (Stable) but severely undermined by valuation and dividend sustainability. The stock is trading at $6.81, a significant premium to its Graham Number ($5.32) and Intrinsic Value ($5.31). Most critically, the dividend payout ratio of 226.67% indicates that the current yield is unsustainable and likely funded by capital or debt rather than earnings. Combined with a 0/100 technical trend and negative revenue growth, the fund appears overvalued and fundamentally fragile.

Key Strengths

Stable Piotroski F-Score of 6/9

Very low Debt/Equity ratio (0.02)

Strong liquidity with a Current Ratio of 2.71

High operating margins (81.14%)

Trading slightly below book value (P/B 0.97)

Key Risks

Unsustainable dividend payout ratio (226.67%)

Trading at a ~28% premium to Graham Number fair value

Negative year-over-year revenue growth (-1.70%)

Bearish technical trend (0/100)

Low Return on Equity (2.36%)

AI Fair Value Estimate

Based on comprehensive analysis

$5.32

-21.9% below current price

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall

Moderate

Value

Future

Past

Health

Dividend

AI Verdict

Underperform

Key drivers: Unsustainable payout ratio, Price premium over intrinsic value, Bearish technicals, Stagnant revenue growth

Confidence

90%

Value

30/100

Current price $6.81 vs Graham Number $5.32

Positives

P/B ratio under 1.0

Watchpoints

Price exceeds Graham Number
High P/E ratio of 37.83

Future

40/100

Revenue growth -1.70% YoY

Positives

Positive earnings growth (15.3%)

Watchpoints

Negative revenue growth
Low ROE

Past

55/100

5Y Change +9.9%, 1Y Change +1.2%

Positives

Positive 3Y and 5Y price changes

Watchpoints

Flat 1Y performance
Recent 6M decline

Health

75/100

F-Score indicates stable financial health

Positives

Piotroski F-Score 6/9
Minimal debt
Strong current ratio

Watchpoints

Altman Z-Score not provided

Dividend

20/100

Payout ratio suggests dividend is not covered by earnings

Positives

Attractive 5.99% yield

Watchpoints

Extreme payout ratio (226.67%)
Low dividend strength score (40/100)

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price

$6.81

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for MHF and closest competitors.

Updated 2026-04-29

Company	5Y	3Y	1Y	6M	1M	1W
MHF Western Asset Municipal High Income Fund Inc. Primary	+9.9%	+24.4%	+1.2%	-0.4%	+2.8%	-1.2%
SRBK SR Bancorp, Inc. Peer	+110.4%	+110.4%	+48.1%	+30.8%	+12.1%	+4.7%
GLQ Clough Global Equity Fund Peer	-6.0%	+90.3%	+44.8%	+9.1%	+11.1%	+0.4%
IGA Voya Global Advantage and Premium Opportunity Fund Peer	+64.0%	+54.7%	+10.3%	+3.0%	+4.8%	+0.3%
BGX Blackstone Long-Short Credit Income Fund Peer	+30.5%	+36.9%	-0.5%	-2.2%	+0.5%	-0.4%

MHF

Western Asset Municipal High Income Fund Inc.

Primary

+9.9%

+24.4%

+1.2%

-0.4%

+2.8%

-1.2%

SRB

SR Bancorp, Inc.

Peer

+110.4%

+48.1%

+30.8%

+12.1%

+4.7%

GLQ

Clough Global Equity Fund

Peer

-6.0%

+90.3%

+44.8%

+9.1%

+11.1%

+0.4%

IGA

Voya Global Advantage and Premium Opportunity Fund

Peer

+64.0%

+54.7%

+10.3%

+3.0%

+4.8%

+0.3%

BGX

Blackstone Long-Short Credit Income Fund

Peer

+30.5%

+36.9%

-0.5%

-2.2%

+0.5%

-0.4%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

37.83

N/A

0.97

22.74

23.12

N/A

$151.23M

Profitability

Profit margins and return metrics

Profit Margin 55.39%

Operating Margin 81.14%

Gross Margin 100.0%

ROE 2.36%

ROA 2.12%

Growth

Revenue and earnings growth rates

Revenue Growth -1.7%

Earnings Growth +15.3%

Q/Q Revenue Growth N/A

Q/Q Earnings Growth +18.1%

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity

0.02

Low debt

Current Ratio

2.71

Strong

Quick Ratio

2.4

Excellent

Cash/Share

$N/A

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q4 2025

Total Assets

$0.2B

Liabilities

$0.0B

Equity

$0.2B

Debt/Equity

0.02x

Financial Services Sector Comparison

Comparing MHF against 900 companies in the Financial Services sector (146 bullish, 386 neutral, 368 bearish)

P/E Ratio

37.83

This Stock

34.62

Sector Avg

+9.3% (Premium)

Return on Equity (ROE)

2.36%

This Stock

0.0%

Sector Avg

+82689.5% (Excellent)

Profit Margin

55.39%

This Stock

91.87%

Sector Avg

-39.7% (Weaker)

Debt to Equity

0.02

This Stock

1.3

Sector Avg

-98.7% (Less Debt)

Revenue Growth

-1.7%

This Stock

34.34%

Sector Avg

-105.0% (Slower)

Current Ratio

2.71

This Stock

3.02

Sector Avg

-10.3% (Weaker)

Similar Companies

Peer comparison within the same industry

Company	AI Rating	Market Cap	P/E	ROE	Profit Margin	Price
MHF Western Asset Municipal...	BEARISH	$151.23M	37.83	2.4%	55.4%	$6.81
SRBK SR Bancorp, Inc.	BEARISH	$150.96M	35.54	2.2%	13.5%	$19.19	Compare
GLQ Clough Global Equity Fund	BULLISH	$151.59M	4.35	22.1%	1087.7%	$8.09	Compare
IGA Voya Global Advantage and...	NEUTRAL	$148.2M	8.26	11.3%	364.8%	$9.66	Compare
BGX Blackstone Long-Short...	BEARISH	$148.05M	12.39	-%	-%	$11.65	Compare

MHF Western Asset...

BEARISH

Mkt Cap

$151M

P/E

37.8

ROE

2.4%

Price

$6.81

SRBK SR Bancorp, Inc.

Compare with MHF

Compare with MHF

Compare with MHF

Compare with MHF

SEC Filings

Recent regulatory filings from the SEC EDGAR database

DEF 14A

2026-03-09

MHF filed a definitive proxy statement on March 9, 2026, providing shareholders with necessary information to vote on matters at the company's upcoming meeting.

DEF 14A

WESTERN ASSET MUNICIPAL HIGH INCOME FUND INC.

2025-03-07

Western Asset Municipal High Income Fund Inc. (MHF) filed a definitive proxy statement on March 7, 2025, providing shareholders with necessary information for upcoming voting matters.

8-K

2024-11-20

Data sourced from SEC EDGAR. AI summaries generated automatically.

Past News Coverage

Recent headlines mentioning MHF from our newsroom.

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MHF

MHF Western Asset Municipal High Income Fund Inc. - Fundamental Analysis

At a glance

AI Analysis

Key Strengths

Key Risks

Performance Snowflake

Stock Price & Analyst Targets

Multi-Horizon Performance vs Peers

Historical Performance Trends

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Valuation Metrics

Profitability

Growth

Financial Health

Financial Statement Flow

Financial Services Sector Comparison

Similar Companies

SEC Filings

Past News Coverage

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