Morningstar

Western Asset Municipal High Income Fund Class I LMHIX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 12.82  /  −0.16 %
  • Total Assets 255.4M
  • Adj. Expense Ratio
    0.550%
  • Expense Ratio 0.620%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 4.02%
  • Effective Duration 8.92 years

USD | NAV as of Jun 06, 2026 | 1-Day Return as of Jun 06, 2026, 2:57 AM GMT+0

Morningstar’s Analysis LMHIX

Will LMHIX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LMHIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LMHIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of LMHIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Western Asset Municipal High Income I holds a quantitatively derived Bronze Morningstar Medalist Rating. The rating reflects that it has scored better than the norm on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
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Portfolio Holdings LMHIX

More LMHIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 22.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW YORK TRANSN DEV CORP SPL FAC REV 5.375%

3.76 10M
municipal

CALIFORNIA POLLUTION CTL FING AUTH WTR FURNISHING REV 5%

2.96 8M
municipal

PHOENIX ARIZ INDL DEV AUTH ED REV 5%

2.66 7M
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 5.125%

2.43 6M
municipal

PENNSYLVANIA ECONOMIC DEV FING AUTH PRIVATE ACTIVITY REV 5.25%

2.14 5M
municipal

PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.5%

2.10 5M
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75%

1.98 5M
municipal

M-S-R ENERGY AUTH CALIF GAS REV 7%

1.65 4M
municipal

BROWARD CNTY FLA PORT FACS REV 4%

1.55 4M
municipal

JEFFERSON CNTY ALA SWR REV 5.25%

1.48 4M
municipal

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