Western Asset Managed Municipals Fund

MMU · NYSE

$9.36−$0.1055 (−1.11%)TodayMarket closed ·
Prev close $9.47

About MMU

Western Asset Managed Municipals Fund Inc is a US-based company operating in industry. The company is headquartered in New York City, New York. Western Asset Managed Municipals Fund Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek as high a level of current income exempt from federal income tax as consistent with preservation of capital. When pursuing its investment objective, the Fund seeks to maximize current income exempt from federal income tax as consistent with preservation of principal. The Fund seeks to achieve its objective by investing primarily in long-term investment grade municipal debt securities issued by state and local governments, political subdivisions, agencies, and public authorities. Under normal market conditions, the Fund will invest at least 80% of its total assets in municipal obligations rated investment grade at the time of investment. The Fund invests in a range of sectors, including health care, power, leasing, education, housing, and others. Legg Mason Partners Fund Advisor, LLC. is the investment manager of the Fund.

Employees
0
Headquarters
New York City, New York
Listed
Jul 17, 1992
Sector
N/A
Industry
N/A

MMU key statistics

Market cap
521.06M
Price-earnings ratio
0.00
Dividend yield
7.48%
Average volume
442.43K
Volume
338.19K
Open price
$9.48
High today
$9.51
Low today
$9.25
52 Week high
$10.71
52 Week low
$8.71

Western Asset Managed Municipals Fund (MMU) at a glance

Western Asset Managed Municipals Fund (MMU) last traded at $9.36, with a market cap of 521.06M, a price-to-earnings ratio of 0.00 and a dividend yield of 7.48%.

Today the stock has traded between $9.25 and $9.51. The current price is 1.2% above the day's low and 1.5% below its high.

Volume so far is 338.19K shares, below the average of 442.43K shares a day.

Over the past year Western Asset Managed Municipals Fund has ranged from $8.71 to $10.71, and now sits 32% of the way up that range.

MMU news

  • Press releaseBusiness Wire

    Western Asset Managed Municipals Fund Inc. Announces Results of Annual Meeting of Stockholders

  • Press releaseBusiness Wire

    Franklin Templeton Announces Distributions for Certain Closed-End Funds for the Months of September, October and November 2026

  • Press releaseBusiness Wire

    Western Asset Intermediate Muni Fund Inc. and Western Asset Managed Municipals Fund Inc. Announce Board Approval of Proposed Merger Plan

  • Press releaseBusiness Wire

    Franklin Templeton Announces Distributions for Certain Closed-End Funds for the Months of June, July and August 2026

  • Press releaseBusiness Wire

    Western Asset Managed Municipals Fund Inc. Announces Financial Position as of February 28, 2026

  • Press releaseBusiness Wire

    Franklin Templeton Announces Distributions for Certain Closed-End Funds for the Months of March, April and May 2026

  • Press releaseBusiness Wire

    Franklin Templeton Fund Adviser, LLC Announces Distributions for the Months of December 2025, January and February 2026

  • Press releaseBusiness Wire

    Western Asset Managed Municipals Fund Inc. Announces Financial Position as of August 31, 2025

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