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Performance analysis of MHF (Western Asset Municipal High Income Fund)

Annual Return

Over the past 3 years, MHF has had an average annual return of +8.32%, underperforming the benchmark SPY, which returned +22.45% annual.

Over the past 5 years, MHF has had an average annual return of +1.43%, underperforming the benchmark SPY, which returned +13.88% annual.

Over the past 10 years, MHF has had an average annual return of +2.61%, underperforming the benchmark SPY, which returned +15.44% annual.

Since Nov 1, 1999, MHF has had an average annual return of +4.93%, underperforming the benchmark SPY, which returned +8.56% annual.

202620252024202320222021202020192018201720162015
+2.66%+7.18%+12%+4.53%-17.69%+10.43%+3.01%+13.93%-2.27%+7.54%-4.20%+6.10%
201420132012201120102009200820072006200520042003
+20.30%-10.53%+6.27%+15%+3.16%+22.85%-5.36%-3.61%+16.40%+5.90%-0.68%+9.01%
2002200120001999
+0.85%+3.73%+21.56%-5.06%

Monthly Return

YearJanFebMarAprMayJunJulAugSepOctNovDecAnnually Total
2026+0.50%+1.66%+0.22%-0.81%+1.81%-0.72%+2.66%
2025+4.77%+8.11%-2.45%-2.36%-2.73%+0.21%-1.95%+3.02%+4.51%-2.03%-1.22%-0.23%+7.18%
2024+2.85%+0.79%+3.24%+0.51%-2.46%+3.40%+4.20%+1.62%+2.17%-2.72%+3.64%-5.34%+12%
2023+5.96%-4.02%+3.73%-2.85%-1.71%+3.80%-0.16%-3.38%-2.70%-0.97%+5.50%+1.93%+4.53%
2022-7.35%-2.03%-2.62%-4.41%+3.44%-4.77%+4.11%-1.77%-6.90%+1.29%+8.78%-5.75%-17.69%
2021+4.69%-2.66%+2.92%+0.02%+4.66%+4.34%-2.93%-0.10%-2.44%+6.57%-0.80%-3.59%+10.43%
2020+2.96%+0.95%-9.35%-4.19%+4.37%+1.77%+3.43%+1.14%+0.98%-3.20%+2.80%+2.20%+3.01%
2019+6.15%-0.20%+1.86%+0.35%+1.70%+1.28%+0.08%+2.73%-1.61%+1.13%-0.84%+0.71%+13.93%
2018-1.82%+0.76%-0.75%+0.92%+3.12%-2.35%+0.07%+0.49%-1.59%-1.76%+2.97%-2.17%-2.27%
2017+3.28%-0.32%-1.01%+3.10%+0.77%-0.87%+3.61%-0.85%+3.40%-3.04%-2.74%+2.28%+7.54%

Drawdown analysis of MHF (Western Asset Municipal High Income Fund)

The maximum drawdown for the MHF was -29.95%, occurring on Oct 6, 2008. Recovery took 350 trading sessions.

The current MHF drawdown is -5.64%.

Since Nov 1, 1999 MHF has experienced the following drawdowns:

  • 20% or more: 4 times
  • 10% or more: 11 times
DepthStartTo BottomBottomTo RecoverEndTotal
-29.95%Jul 9, 200862Oct 6, 2008350Feb 26, 2010412
-26.72%Oct 25, 2021254Oct 27, 2022578Feb 19, 2025832
-24.97%Feb 25, 202017Mar 19, 2020215Jan 26, 2021232
-24.72%Sep 26, 2012223Aug 19, 2013577Dec 2, 2015800
-14.29%May 12, 2016137Nov 25, 2016204Sep 19, 2017341
-14.13%Sep 28, 201076Jan 14, 2011164Sep 9, 2011240
-13.33%Mar 25, 202582Jul 23, 202541Sep 19, 2025123
-13.25%Nov 12, 199924Dec 17, 1999137Jul 5, 2000161
-12.46%May 10, 2007132Nov 15, 2007134May 30, 2008266
-11.92%Aug 24, 2001312Nov 25, 2002149Jul 1, 2003461
-10.85%Mar 23, 200433May 10, 2004264May 26, 2005297
-9.99%Sep 19, 2017275Oct 22, 2018146May 23, 2019421
-9.96%Sep 19, 2025130Mar 27, 2026OngoingOngoingOngoing
-9.24%Feb 27, 201215Mar 19, 201230May 1, 201245
-8.80%Jul 1, 202161Sep 28, 202119Oct 25, 202180
-7.72%Sep 7, 200056Nov 27, 200024Jan 2, 200180
-7.00%May 15, 201217Jun 8, 201231Jul 24, 201248
-6.81%Jul 30, 201217Aug 22, 201214Sep 12, 201231
-6.40%Feb 8, 200130Mar 23, 200152Jun 7, 200182
-5.50%Feb 16, 20219Mar 1, 202150May 11, 202159
-5.28%Feb 20, 202512Mar 10, 202511Mar 25, 202523
-4.97%Jul 2, 200331Aug 15, 200366Nov 18, 200397
-4.91%Nov 24, 200616Dec 18, 200624Jan 25, 200740
-4.85%Dec 2, 20158Dec 14, 20157Dec 23, 201515
-4.78%Oct 9, 20066Oct 17, 200611Nov 1, 200617