abrdn Australia Equity Fund (IAF) vs Western Asset Municipal High Income Fund (MHF)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Western Asset Municipal High Income Fund is the larger company by market cap ($138.0 million vs $120.3 million), about 1.1 times the size. On valuation, abrdn Australia Equity Fund trades at a lower trailing P/E (7.2x vs 16.8x for Western Asset Municipal High Income Fund). abrdn Australia Equity Fund offers the higher dividend yield (11.55% vs 6.57%).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | IAF | MHF |
|---|---|---|
| Share price | $12.55 | $6.21 |
| Market cap | $120.26M | $138.01M |
| 1-day change | +0.97% | +0.98% |
| P/E ratio (TTM) | 7.21 | 16.78 |
| EPS (TTM) | $1.74 | $0.37 |
| Dividend yield | 11.55% | 6.57% |
| Annual dividend | $1.45 | $0.408 |
| 52-week high | $14.54 | $7.33 |
| 52-week low | $11.76 | $5.84 |
| Distance from 52-week high | -13.69% | -15.28% |
| Average volume | 18.36K | 77.87K |
| Shares outstanding | 9.58M | 22.22M |
| Sector | Finance | Finance |
| Industry | Finance/Investors Services | Finance/Investors Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Western Asset Municipal High Income Fund trades at a higher earnings multiple (16.8x vs 7.2x trailing P/E).
- abrdn Australia Equity Fund offers a meaningfully higher dividend yield (11.55% vs 6.57%).
About Western Asset Municipal High Income Fund
MHF stock →Western Asset Municipal High Income Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC.
Finance · Finance/Investors Services
IAF vs MHF FAQ
Which is bigger, abrdn Australia Equity Fund or Western Asset Municipal High Income Fund?
Western Asset Municipal High Income Fund (MHF) is larger, with a market capitalization of $138.01M compared with $120.26M for abrdn Australia Equity Fund (IAF).
Which has the lower P/E ratio, IAF or MHF?
IAF has the lower trailing P/E at 7.2, versus 16.8 for MHF. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, abrdn Australia Equity Fund or Western Asset Municipal High Income Fund?
abrdn Australia Equity Fund has the higher yield at 11.55%, compared with 6.57% for Western Asset Municipal High Income Fund.
Are abrdn Australia Equity Fund and Western Asset Municipal High Income Fund in the same industry?
Yes. Both are classified in the Finance/Investors Services industry within the Finance sector.