Western Asset Municipal Fund Price History

MHF Fund  USD 7.22  0.02  0.28%   
Below is the normalized historical share price chart for Western Asset Municipal extending back to November 18, 1988. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Western Asset stands at 7.22, as last reported on the 4th of December, with the highest price reaching 7.25 and the lowest price hitting 7.15 during the day.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Western Fund, it is important to understand the factors that can impact its price. At this point, Western Asset is very steady. Western Asset Municipal shows Sharpe Ratio of 0.0382, which attests that the fund had a 0.0382% return per unit of risk over the last 3 months. We have found thirty technical indicators for Western Asset Municipal, which you can use to evaluate the volatility of the fund. Please check out Western Asset's Downside Deviation of 0.6123, mean deviation of 0.3992, and Market Risk Adjusted Performance of 2.14 to validate if the risk estimate we provide is consistent with the expected return of 0.0211%.
  
Western Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0382

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Estimated Market Risk

 0.55
  actual daily
4
96% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Western Asset is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Western Asset by adding it to a well-diversified portfolio.
Market Capitalization
146.1 M

Western Asset Fund Price History Chart

There are several ways to analyze Western Asset Municipal Fund price data. The simplest method is using a basic Western candlestick price chart, which shows Western Asset price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceDecember 2, 20247.24
Lowest PriceOctober 29, 20246.91

Western Asset December 4, 2024 Fund Price Synopsis

Various analyses of Western Asset's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Western Fund. It can be used to describe the percentage change in the price of Western Asset from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Western Fund.
Western Asset Price Action Indicator 0.01 
Western Asset Price Rate Of Daily Change 1.00 
Western Asset Price Daily Balance Of Power(0.20)

Western Asset December 4, 2024 Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Western Asset Municipal Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Western Asset intraday prices and daily technical indicators to check the level of noise trading in Western Asset Municipal Fund and then apply it to test your longer-term investment strategies against Western.

Western Fund Price History Data

The price series of Western Asset for the period between Thu, Sep 5, 2024 and Wed, Dec 4, 2024 has a statistical range of 0.33 with a coefficient of variation of 1.3. The daily prices for the period are spread out with arithmetic mean of 7.12. The median price for the last 90 days is 7.14. The company issued dividends to stockholders on 2022-11-21.
OpenHighLowCloseVolume
12/04/2024
 7.24  7.25  7.15  7.22 
12/03/2024 7.24  7.25  7.15  7.22  113,352 
12/02/2024 7.25  7.25  7.21  7.24  80,940 
11/29/2024 7.20  7.23  7.20  7.22  70,141 
11/27/2024 7.08  7.16  7.08  7.16  26,920 
11/26/2024 7.08  7.11  7.05  7.05  75,143 
11/25/2024 7.11  7.12  7.06  7.08  50,741 
11/22/2024 7.10  7.12  7.03  7.05  44,231 
11/21/2024 7.09  7.12  7.05  7.07  48,074 
11/20/2024 7.11  7.12  7.07  7.10  37,661 
11/19/2024 7.10  7.11  7.09  7.09  21,954 
11/18/2024 7.12  7.12  7.07  7.10  30,930 
11/15/2024 7.13  7.13  7.08  7.12  51,027 
11/14/2024 7.08  7.14  7.05  7.10  63,804 
11/13/2024 7.09  7.12  7.06  7.07  23,796 
11/12/2024 7.16  7.16  7.04  7.07  72,994 
11/11/2024 7.07  7.14  7.07  7.14  90,421 
11/08/2024 7.00  7.07  7.00  7.05  75,302 
11/07/2024 6.96  6.99  6.96  6.99  39,735 
11/06/2024 6.90  6.94  6.88  6.94  101,640 
11/05/2024 6.92  6.94  6.90  6.92  34,283 
11/04/2024 6.91  6.98  6.90  6.92  94,248 
11/01/2024 6.97  6.98  6.91  6.91  55,599 
10/31/2024 6.90  7.26  6.86  6.97  201,866 
10/30/2024 6.92  6.93  6.89  6.91  71,877 
10/29/2024 6.93  6.93  6.87  6.91  75,458 
10/28/2024 7.04  7.05  6.91  6.94  153,340 
10/25/2024 7.05  7.13  7.02  7.04  76,748 
10/24/2024 7.07  7.07  6.98  7.05  91,571 
10/23/2024 7.14  7.15  7.06  7.06  86,822 
10/22/2024 7.19  7.20  7.14  7.17  70,158 
10/21/2024 7.21  7.21  7.15  7.19  36,697 
10/18/2024 7.19  7.23  7.18  7.21  43,476 
10/17/2024 7.17  7.20  7.15  7.20  101,079 
10/16/2024 7.16  7.18  7.13  7.18  67,786 
10/15/2024 7.16  7.17  7.12  7.13  64,161 
10/14/2024 7.17  7.18  7.11  7.18  61,585 
10/11/2024 7.17  7.18  7.14  7.17  60,954 
10/10/2024 7.18  7.19  7.14  7.17  59,227 
10/09/2024 7.19  7.21  7.15  7.16  56,644 
10/08/2024 7.22  7.24  7.19  7.22  24,009 
10/07/2024 7.22  7.22  7.19  7.21  72,754 
10/04/2024 7.21  7.22  7.18  7.20  44,424 
10/03/2024 7.24  7.24  7.19  7.21  78,869 
10/02/2024 7.23  7.24  7.20  7.22  98,560 
10/01/2024 7.26  7.26  7.19  7.23  81,339 
09/30/2024 7.18  7.19  7.14  7.16  162,166 
09/27/2024 7.16  7.16  7.14  7.16  77,185 
09/26/2024 7.16  7.16  7.10  7.11  51,510 
09/25/2024 7.18  7.18  7.11  7.12  97,020 
09/24/2024 7.14  7.16  7.09  7.15  65,044 
09/23/2024 7.17  7.18  7.10  7.14  66,608 
09/20/2024 7.18  7.18  7.12  7.15  86,943 
09/19/2024 7.22  7.22  7.14  7.15  90,032 
09/18/2024 7.23  7.23  7.17  7.18  69,145 
09/17/2024 7.29  7.29  7.19  7.22  88,593 
09/16/2024 7.21  7.22  7.18  7.22  83,987 
09/13/2024 7.23  7.23  7.18  7.21  55,492 
09/12/2024 7.21  7.22  7.20  7.21  99,464 
09/11/2024 7.17  7.21  7.15  7.21  194,504 
09/10/2024 7.17  7.17  7.10  7.15  59,894 

About Western Asset Fund history

Western Asset investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Western is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Western Asset Municipal will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Western Asset stock prices may prove useful in developing a viable investing in Western Asset
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.

Western Asset Fund Technical Analysis

Western Asset technical fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Western Asset technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Western Asset trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Western Asset Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Western Asset's price direction in advance. Along with the technical and fundamental analysis of Western Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Western to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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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