Western Asset Municipal Highome FundMHF +0.43%54 Shareholder Yield % is 6.54% as of Apr. 2026, which is 64% above its 10-year median of 4.00. GuruFocus rates MHF with a GF Score™ of 54/100 and a GF Value™ of $13.27 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,472 Asset Management companies, Western Asset Municipal Highome Fund ranks better than 61.62% on this metric.
Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return.
As of today, Western Asset Municipal Highome Fund's Shareholder Yield % was 6.54%.
Western Asset Municipal Highome Fund (NYSE:MHF) Shareholder Yield % Explanation
Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."
Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.
Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.
Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.
Western Asset Municipal Highome Fund Shareholder Yield % Related Terms
Western Asset Municipal Highome Fund Shareholder Yield % 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 Shareholder Yield % Chart
MHF vs PIM, MSD, IGA: Shareholder Yield % Comparison
For the Asset Management subindustry, Western Asset Municipal Highome Fund's Shareholder Yield %, along with its competitors' market caps and Shareholder Yield % 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 Shareholder Yield % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Western Asset Municipal Highome Fund's Shareholder Yield % distribution charts can be found below:
* The bar in red indicates where Western Asset Municipal Highome Fund's Shareholder Yield % falls into.
* 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.
* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.
Western Asset Municipal Highome Fund (MHF) has a Shareholder Yield % of 6.54% as of Apr. 2026. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Western Asset Municipal Highome Fund and its competitors. This is 64% above median its historical median of 4.00. Over the past decade, Western Asset Municipal Highome Fund's Shareholder Yield % has ranged from 3.07 to 6.54. According to the industry distribution chart, Western Asset Municipal Highome Fund ranks #565 out of 1472 companies in the Asset Management industry, placing it in the top 38.4%.
Is Western Asset Municipal Highome Fund's Shareholder Yield % too high?
Western Asset Municipal Highome Fund's current Shareholder Yield % of 6.54% is 64% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.07 to a high of 6.54. The Asset Management industry median Shareholder Yield % is 4.23. Western Asset Municipal Highome Fund's value of 6.54% is 54.8% above this industry median. Based on the distribution chart, Western Asset Municipal Highome Fund ranks #565 out of 1472 companies in the Asset Management industry, which is above the industry midpoint. Overall, Western Asset Municipal Highome Fund has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Western Asset Municipal Highome Fund's Shareholder Yield % compare to PIM and MSD?
According to the Asset Management industry distribution chart, Western Asset Municipal Highome Fund ranks #565 out of 1472 companies for Shareholder Yield %. This puts Western Asset Municipal Highome Fund in the upper half of its industry. The industry median Shareholder Yield % is 4.23. Western Asset Municipal Highome Fund's value of 6.54% is 54.8% above this benchmark. Historically, Western Asset Municipal Highome Fund's own Shareholder Yield % has ranged from 3.07 to 6.54 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 4.23, Western Asset Municipal Highome Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shareholder Yield % for an Asset Management company?
The median Shareholder Yield % among Asset Management companies is 4.23, based on 1,472 companies in the industry. Companies in the top quartile (top 25%) have a Shareholder Yield % significantly above this median, while those in the bottom quartile fall well below. However, Shareholder Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Asset Municipal Highome Fund's current Shareholder Yield % of 6.54% is 54.8% above 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 Shareholder Yield % mean?
A high Shareholder Yield % can signal that a stock is expensive relative to its fundamentals. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Western Asset Municipal Highome Fund and its competitors. For the Asset Management industry, the median Shareholder Yield % is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Asset Municipal Highome Fund's current Shareholder Yield % is 6.54%, which is 64% above median its own 10-year median of 4.00. 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 Significantly Undervalued. The stock's GF Value™ is $13.27, compared to a current price of $7.03 — trading 47% below its estimated fair value. The current Shareholder Yield % is 6.54%, which is 64% above median its 10-year median of 4.00 and 54.8% above the Asset Management industry median of 4.23. Western Asset Municipal Highome Fund's overall GF Score™ is 54/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shareholder Yield % calculated?
Shareholder Yield % is calculated from a company's financial statements. For Western Asset Municipal Highome Fund (MHF), the current Shareholder Yield % is 6.54% as of Apr. 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 undervalued.
The current stock price of $7.03 is trading 47% below its estimated GF Value™ of $13.27.
GuruFocus considers Western Asset Municipal Highome Fund to be Significantly Undervalued.
Key valuation signals for MHF:
Shareholder Yield %: 6.54% (64% above median its 10-year median of 4.00)
GF Value™: $13.27 vs. price of $7.03 (47% below fair value)
Industry Position: 54.8% above the Asset Management median (#565 of 1472)
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.
54GF Score
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