Municipal High Income Fund as of March 31, 2001

Apr 17, 2001, 01:00 ET from Municipal High Income Fund Inc.

    NEW YORK, April 17 /PRNewswire/ -- Municipal High Income Fund Inc.
 (NYSE:   MHF) as of March 31, 2001
 
     Investment Objective: The Fund seeks high current income exempt from
 Federal income taxes.
 
     Portfolio Composition*
 
     Industry Allocations:
     Industrial Development Revenue                      20.9
     Hospital                                            20.1
     Life Care Systems                                   13.3
     Transportation                                       7.8
     Multifamily Housing                                  5.0
     Education                                            4.3
     Pollution Control Revenue                            4.1
     Utilities                                            3.9
     Cogeneration Facilities                              3.6
     Pre-Refunded                                         2.6
     Single Family Housing                                2.5
     Water & Sewer                                        1.3
     Tax Allocation                                       1.0
     Public Facilities                                    0.9
     Tobacco                                              0.6
     General Obligation                                   0.4
     Miscellaneous                                        7.7
 
 
     Credit Quality (Higher of S&P or Moody's):
     AAA                                                 4.9%
     AA                                                  1.0%
     A                                                    3.7
     BBB                                                 13.6
     BB                                                  10.0
     B                                                    8.3
     CCC                                                  1.1
     NR                                                  57.3
 
     *Portfolio holdings and weightings are subject to change at any time.
 
 
     Portfolio Statistics:
 
     Inception Date:                        November 15, 1988
     Inception Price:                                  $10.00
     Leverage:                                             No
 
     Average Maturity                              22.6 years
     Average Life                                  15.1 years
     Average Price                                     $93.61
     Average Coupon                                     7.07%
     Total Net Assets                          $179.9 million
     Dividend                             $0.0485 per monthly
                           (Declared quarterly, paid monthly)
     Market Price                                       $8.45
     NAV                                                $8.77
 
     Call Statistics**:
     Non-Callable                                        7.0%
     2001                                                 6.0
     2002                                                 9.3
     2003                                                 6.4
     2004                                                 9.1
     2005                                                 2.2
     2006                                                 2.3
     2007                                                10.9
     2008                                                11.5
     2009                                                20.6
     2010                                                14.2
     2011                                                 2.3
     2013                                                 0.6
     2019                                                 0.6
     2020                                                 1.0
     2023                                                 0.3
     2028                                                 1.3
     2029                                                 0.6
     2031                                                 0.7
     **Includes call dates and maturity dates.
 
     Municipal High Income Fund Inc., a diversified investment management
 company, is managed by SSB Citi Fund Management LLC., a wholly-owned
 subsidiary of Salomon Smith Barney Holdings Inc.
 
 

SOURCE Municipal High Income Fund Inc.
    NEW YORK, April 17 /PRNewswire/ -- Municipal High Income Fund Inc.
 (NYSE:   MHF) as of March 31, 2001
 
     Investment Objective: The Fund seeks high current income exempt from
 Federal income taxes.
 
     Portfolio Composition*
 
     Industry Allocations:
     Industrial Development Revenue                      20.9
     Hospital                                            20.1
     Life Care Systems                                   13.3
     Transportation                                       7.8
     Multifamily Housing                                  5.0
     Education                                            4.3
     Pollution Control Revenue                            4.1
     Utilities                                            3.9
     Cogeneration Facilities                              3.6
     Pre-Refunded                                         2.6
     Single Family Housing                                2.5
     Water & Sewer                                        1.3
     Tax Allocation                                       1.0
     Public Facilities                                    0.9
     Tobacco                                              0.6
     General Obligation                                   0.4
     Miscellaneous                                        7.7
 
 
     Credit Quality (Higher of S&P or Moody's):
     AAA                                                 4.9%
     AA                                                  1.0%
     A                                                    3.7
     BBB                                                 13.6
     BB                                                  10.0
     B                                                    8.3
     CCC                                                  1.1
     NR                                                  57.3
 
     *Portfolio holdings and weightings are subject to change at any time.
 
 
     Portfolio Statistics:
 
     Inception Date:                        November 15, 1988
     Inception Price:                                  $10.00
     Leverage:                                             No
 
     Average Maturity                              22.6 years
     Average Life                                  15.1 years
     Average Price                                     $93.61
     Average Coupon                                     7.07%
     Total Net Assets                          $179.9 million
     Dividend                             $0.0485 per monthly
                           (Declared quarterly, paid monthly)
     Market Price                                       $8.45
     NAV                                                $8.77
 
     Call Statistics**:
     Non-Callable                                        7.0%
     2001                                                 6.0
     2002                                                 9.3
     2003                                                 6.4
     2004                                                 9.1
     2005                                                 2.2
     2006                                                 2.3
     2007                                                10.9
     2008                                                11.5
     2009                                                20.6
     2010                                                14.2
     2011                                                 2.3
     2013                                                 0.6
     2019                                                 0.6
     2020                                                 1.0
     2023                                                 0.3
     2028                                                 1.3
     2029                                                 0.6
     2031                                                 0.7
     **Includes call dates and maturity dates.
 
     Municipal High Income Fund Inc., a diversified investment management
 company, is managed by SSB Citi Fund Management LLC., a wholly-owned
 subsidiary of Salomon Smith Barney Holdings Inc.
 
 SOURCE  Municipal High Income Fund Inc.