Western Asset Municipal Highome Fund's quarterly market cap
increased
from Apr. 2025 ($156.05 Mil) to Oct. 2025 ($156.34 Mil) but then
declined
from Oct. 2025 ($156.34 Mil) to Apr. 2026 ($152.23 Mil).
Western Asset Municipal Highome Fund's annual market cap
increased
from Oct. 2023 ($130.12 Mil) to Oct. 2024 ($151.56 Mil) and
increased
from Oct. 2024 ($151.56 Mil) to Oct. 2025 ($156.34 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Western Asset Municipal Highome Fund's Enterprise Value for Today is $155.85 Mil.
Western Asset Municipal Highome Fund (NYSE:MHF) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Western Asset Municipal Highome Fund Market Cap Related Terms
Western Asset Municipal Highome Fund Market Cap Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Western Asset Municipal Highome Fund Market Cap Chart
For the Asset Management subindustry, Western Asset Municipal Highome Fund's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Western Asset Municipal Highome Fund Market Cap vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Western Asset Municipal Highome Fund's Market Cap distribution charts can be found below:
* The bar in red indicates where Western Asset Municipal Highome Fund's Market Cap falls into.
Western Asset Municipal Highome Fund Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Western Asset Municipal Highome Fund (MHF) has a Market Cap of $153.12 Mil as of Jun. 29, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Western Asset Municipal Highome Fund and its competitors. According to the industry distribution chart, Western Asset Municipal Highome Fund ranks #909 out of 1659 companies in the Asset Management industry, placing it in the top 54.8%.
Is Western Asset Municipal Highome Fund's Market Cap too high?
Western Asset Municipal Highome Fund's current Market Cap is $153.12 Mil. The Asset Management industry median Market Cap is 202.65. Western Asset Municipal Highome Fund's value of $153.12 Mil is 24.4% below this industry median. Based on the distribution chart, Western Asset Municipal Highome Fund ranks #909 out of 1659 companies in the Asset Management industry, which is below the industry midpoint. Overall, Western Asset Municipal Highome Fund has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Western Asset Municipal Highome Fund's Market Cap compare to PIM and MSD?
According to the Asset Management industry distribution chart, Western Asset Municipal Highome Fund ranks #909 out of 1659 companies for Market Cap. This places Western Asset Municipal Highome Fund in the lower half of its industry. The industry median Market Cap is 202.65. Western Asset Municipal Highome Fund's value of $153.12 Mil is 24.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Asset Management company?
The median Market Cap among Asset Management companies is 202.65, based on 1,659 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Asset Municipal Highome Fund's current Market Cap of $153.12 Mil is 24.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Western Asset Municipal Highome Fund and its competitors. For the Asset Management industry, the median Market Cap is 202.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Asset Municipal Highome Fund's current Market Cap is $153.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Asset Municipal Highome Fund stock overvalued right now?
Based on GuruFocus' analysis, Western Asset Municipal Highome Fund (MHF) is currently considered Fairly Valued. The stock's GF Value™ is $6.85, compared to a current price of $6.89 — trading 0.6% above its estimated fair value. The current Market Cap is $153.12 Mil and 24.4% below the Asset Management industry median of 202.65. Western Asset Municipal Highome Fund's overall GF Score™ is 59/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Western Asset Municipal Highome Fund (MHF), the current Market Cap is $153.12 Mil as of Jun. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Western Asset Municipal Highome Fund (MHF) Overvalued in 2026?
Based on GuruFocus' analysis, Western Asset Municipal Highome Fund stock appears to be overvalued.
The current stock price of $6.89 is trading 0.6% above its estimated GF Value™ of $6.85.
GuruFocus considers Western Asset Municipal Highome Fund to be Fairly Valued.
Key valuation signals for MHF:
Market Cap: $153.12 Mil
GF Value™: $6.85 vs. price of $6.89 (0.6% above fair value)
Industry Position: 24.4% below the Asset Management median (#909 of 1659)
No single metric tells the full story. See the MHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Western Asset Municipal Highome Fund Business Description
Western Asset Municipal High Income Fund Inc is a diversified closed-end management investment company. The company's objective is to seek high current income exempt from federal income taxes. It invests predominantly in intermediate and long-term municipal debt securities issued by state and local governments.
59GF Score
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