SmarterDividends
MHF

Western Asset Municipal High Income Fund (MHF) Total Return Calculator

$10,000 since Dec 2007, with and without reinvesting · data through Oct 2026

$10,000 invested in Western Asset Municipal High Income Fund (MHF) ten years ago, at the end of Oct 2016, was worth $13,272 at the end of Oct 2026 with every dividend reinvested: 2.9% a year, against $41,633 in the S&P 500. Since Dec 2007, $10,000 became $22,226 reinvested (4.3% a year), or $18,183 taking the dividends as cash, $9,182 of it paid out along the way.

Payouts
Compare with

MHF became

$22,226

S&P 500: $72,756

Return a year

4.3%

S&P 500: 11.1%

Payouts reinvested

$14,781

bought more shares

Worst drop

-24.1%

S&P 500: -48.2%

$10,000, Dec 2007 to Oct 2026

Payouts reinvested · S&P 500 reinvested

YearMHF total returnPaid outS&P 500
2026 (part)−0.8%$1,144+11.7%
2025+7.0%$1,262+17.7%
2024+11.1%$978+24.9%
2023+4.6%$706+26.2%
2022−17.7%$662−18.2%
2021+10.4%$685+28.7%
2020+3.0%$738+18.3%
2019+14.0%$773+31.2%
2018−2.4%$711−4.6%
2017+7.7%$720+21.7%
2016−4.3%$697+12.0%
2015+6.3%$760+1.2%
2014+20.1%$703+13.5%
2013−10.5%$712+32.3%
2012+6.5%$764+16.0%
2011+14.8%$737+1.9%
2010+3.2%$727+15.1%
2009+22.7%$675+26.4%
2008−5.1%$628−36.8%

"Paid out" is what your holding received that year. Month-end prices; no costs or taxes.

Key facts: MHF total return

Data as of · Source: SmarterDividends data

  • $10,000 invested in Western Asset Municipal High Income Fund (MHF) at the end of Dec 2007, with dividends reinvested, was worth $22,226 at the end of Oct 2026: 4.3% a year, against $72,756 (11.1% a year) in the S&P 500.
  • Over the 10 years to Oct 2026, MHF turned $10,000 into $13,272 with dividends reinvested, 2.9% a year.
  • Over the 5 years to Oct 2026, MHF returned -0.6% a year with dividends reinvested (S&P 500: 12.0%).
  • Taking MHF's dividends as cash instead of reinvesting them, the same $10,000 ended at $18,183, including $9,182 of cash received; reinvesting added $4,043.
  • About 100% of MHF's yearly total return since Dec 2007 came from dividends; the rest came from the share price.
  • MHF's best calendar year in that time was 2009 (22.7%) and its worst 2022 (-17.7%), with dividends reinvested.
Cite this page

SmarterDividends, "Western Asset Municipal High Income Fund (MHF) Total Return Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/MHF/total-return

MHF total return questions

If I invested $10,000 in MHF 10 years ago, how much would I have?

About $13,272 at the end of Oct 2026, with every dividend reinvested: 2.9% a year. Taking them as cash, you'd have shares worth $8,619 or so plus the cash you received. The same $10,000 in the S&P 500 became $41,633.

What is MHF's total return since Dec 2007?

122% in total, or 4.3% a year, through Oct 2026 with dividends reinvested. The share price alone fell 10%.

How much of MHF's return came from dividends?

About 100% of its yearly return since Dec 2007. Reinvesting them, rather than taking cash, left you $4,043 better off on a $10,000 start.

What was MHF's worst year?

2022, at -17.7% with dividends reinvested (S&P 500: -18.2%). Its deepest fall from a peak, on month-end values, was -24.1%.

How is total return calculated here?

From month-end prices: the adjusted price counts every dividend reinvested in the month it was paid; the plain price doesn't. The S&P 500 is SPY with its dividends reinvested. No trading costs or taxes.