Western Asset Financials
| MHF Fund | USD 7.22 0.06 0.84% |
Western |
Please note that past performance is not an indicator of the future performance of Western Asset, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future.
Western Asset Fund Summary
Western Asset competes with Western Asset, Blackrock Muniholdings, DTF Tax, John Hancock, and Nuveen New. 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.Specialization | null, High Yield Muni |
| Instrument | USA Fund View All |
| Exchange | New York Stock Exchange |
| ISIN | US95766N1037 |
| CUSIP | 95766N103 626214100 |
| Location | New York; U.S.A |
| Business Address | 280 Park Avenue |
| Fund Family | Financial Services |
| Fund Category | Asset Management |
| Benchmark | Dow Jones Industrial |
| Website | individualinvestor.myleggmason.com/portal/server.pt?open=512&objid=1434&cached=true&mode=2&userid=355661&mktcd=mhf |
| Phone | 800 822 5544 |
| Currency | USD - US Dollar |
Western Asset Key Financial Ratios
Western Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Western Asset's current stock value. Our valuation model uses many indicators to compare Western Asset value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Western Asset competition to find correlations between indicators driving Western Asset's intrinsic value. More Info.Western Asset Municipal is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about 0.01 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Western Asset Municipal is roughly 74.12 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Western Asset by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Western Asset Municipal Systematic Risk
Western Asset's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Western Asset volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Western Asset Municipal correlated with the market. If Beta is less than 0 Western Asset generally moves in the opposite direction as compared to the market. If Western Asset Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Western Asset Municipal is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Western Asset is generally in the same direction as the market. If Beta > 1 Western Asset moves generally in the same direction as, but more than the movement of the benchmark.
Western Asset December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Western Asset help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Western Asset Municipal. We use our internally-developed statistical techniques to arrive at the intrinsic value of Western Asset Municipal based on widely used predictive technical indicators. In general, we focus on analyzing Western Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Western Asset's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6207 | |||
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 2.51 | |||
| Value At Risk | (0.86) | |||
| Potential Upside | 0.8683 |
Other Information on Investing in Western Fund
Western Asset financial ratios help investors to determine whether Western Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Western with respect to the benefits of owning Western Asset security.
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