Western Asset Municipal High Income Fund (MHF) vs Special Opportunities Fund (SPE)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Special Opportunities Fund is the larger company by market cap ($138.1 million vs $138.0 million), about 1.0 times the size. On valuation, Special Opportunities Fund trades at a lower trailing P/E (13.6x vs 16.8x for Western Asset Municipal High Income Fund). Special Opportunities Fund offers the higher dividend yield (16.05% vs 6.57%).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | MHF | SPE |
|---|---|---|
| Share price | $6.21 | $12.53 |
| Market cap | $138.01M | $138.10M |
| 1-day change | +0.98% | -0.24% |
| P/E ratio (TTM) | 16.78 | 13.62 |
| EPS (TTM) | $0.37 | $0.92 |
| Dividend yield | 6.57% | 16.05% |
| Annual dividend | $0.408 | $2.01 |
| 52-week high | $7.33 | $15.63 |
| 52-week low | $5.84 | $12.42 |
| Distance from 52-week high | -15.28% | -19.83% |
| Average volume | 77.87K | 34.98K |
| Shares outstanding | 22.22M | 11.02M |
| 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
- Special Opportunities Fund offers a meaningfully higher dividend yield (16.05% 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
About Special Opportunities Fund
SPE stock →Special Opportunities Fund, Inc. is a close-ended balanced fund of funds launched and managed by Bulldog Investors, LLC.
Finance · Finance/Investors Services
MHF vs SPE FAQ
Which is bigger, Western Asset Municipal High Income Fund or Special Opportunities Fund?
Special Opportunities Fund (SPE) is larger, with a market capitalization of $138.10M compared with $138.01M for Western Asset Municipal High Income Fund (MHF).
Which has the lower P/E ratio, MHF or SPE?
SPE has the lower trailing P/E at 13.6, 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, Western Asset Municipal High Income Fund or Special Opportunities Fund?
Special Opportunities Fund has the higher yield at 16.05%, compared with 6.57% for Western Asset Municipal High Income Fund.
Are Western Asset Municipal High Income Fund and Special Opportunities Fund in the same industry?
Yes. Both are classified in the Finance/Investors Services industry within the Finance sector.