Western Asset Managed Municipals Fund closed at $9.31 on Nov 12, down 1.59%, 12.9% below its 52-week closing high. Volume of 331.1K shares was 0.92× its 20-day average (close to normal).
Split-adjusted performance: +3.3% over one month, -8.4% over six months, -10.1% over one year.
Short interest was 148.3K shares at the Oct 30 settlement, up 37.4% from the prior report (1.0 days to cover).
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Quick answers
What does Western Asset Managed Municipals Fund do?
Western Asset Managed Municipals Fd Inc is a non-diversified, closed-end management investment company. Its investment objective is to maximize current income exempt from federal income tax, consistent with the preservation of principal.
What is MMU's market cap?
$505.88M, based on the Nov 12 close of $9.31.
Does Western Asset Managed Municipals Fund pay a dividend?
Yes. The latest regular dividend was $0.0545 per share (ex-date Oct 23), an annualised yield of 7.02%.
About Western Asset Managed Municipals Fund
Western Asset Managed Municipals Fd Inc is a non-diversified, closed-end management investment company. Its investment objective is to maximize current income exempt from federal income tax, consistent with the preservation of principal. The fund predominantly invests in long-term investment-grade municipal debt securities issued by state and local governments, political subdivisions, agencies, and public authorities (municipal obligations).
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology
