NEW YORK--(BUSINESS WIRE)--Western Asset Managed High Income Fund Inc. (NYSE: MHY) today announced the financial position of the Fund as of May 31, 2015.     Current Q   Previous Q   Prior Yr Q May 31, 2015 February 28, 2015 May 31, 2014 Total Net Assets $   275,894,540 $ 276,897,721 $   297,576,735 NAV Per Share of Common Stock (a) $ 5.84 $ 5.87 $ 6.30 Market Price Per Share $ 5.12 $ 5.26 $ 5.82 Premium / (Discount) (12.33)% (10.39)% (7.62)% Outstanding Shares 47,203,436 47,203,436 47,203,436