Western Asset Managed Municipals Fnd Company Profile (NYSE:MMU)

About Western Asset Managed Municipals Fnd

Western Asset Managed Municipals Fnd logoWestern Asset Managed Municipals Fund Inc. is a non-diversified, closed-end management investment company. The Fund seeks to maximize current income exempt from federal income tax as is consistent with preservation of principal. It 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 (municipal obligations). Normally, the Fund will invest approximately 80% of its total assets in municipal obligations rated investment grade at the time of investment. Normally, the Fund invests primarily in investment grade municipal bonds, but it can also invest up to 20% of its total assets in municipal bonds rated below investment grade. Legg Mason Partners Fund Advisor, LLC (LMPFA) is the Fund's investment manager and Western Asset Management Company (Western Asset) is its sub advisor, both of which are subsidiaries of Legg Mason, Inc.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Closed-End Fund - Debt
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: MMU
  • CUSIP:
Key Metrics:
  • Previous Close: $13.57
  • 50 Day Moving Average: $13.84
  • 200 Day Moving Average: $14.29
  • 52-Week Range: $13.03 - $15.60
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.00
  • Market Cap: $N/A
  • Beta: 0.11
Additional Links:
Companies Related to Western Asset Managed Municipals Fnd:

Analyst Ratings

Consensus Ratings for Western Asset Managed Municipals Fnd (NYSE:MMU) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Western Asset Managed Municipals Fnd (NYSE:MMU)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Western Asset Managed Municipals Fnd (NYSE:MMU)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Western Asset Managed Municipals Fnd (NYSE:MMU)
No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Current Dividend Information for Western Asset Managed Municipals Fnd (NYSE:MMU)
Annual Dividend:$0.78
Dividend Yield:5.69%
Dividend Growth:-0.10% (3 Year Average)
Payout Ratio:

Dividend History for Western Asset Managed Municipals Fnd (NYSE:MMU)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/16/2017monthly$0.065.49%3/22/20173/24/20174/3/2017
2/16/2017monthly$0.065.49%4/19/20174/21/20175/1/2017
2/16/2017monthly$0.065.49%5/17/20175/19/20176/1/2017
11/21/2016$0.062/15/20172/17/20172/24/2017
11/16/2016$0.061/18/20171/20/20171/27/2017
11/16/2016$0.0612/21/201612/23/201612/30/2016
8/22/2016$0.0711/16/201611/18/201611/25/2016
8/15/2016$0.0710/19/201610/21/201610/28/2016
8/15/2016Monthly$0.079/21/20169/23/20169/30/2016
5/23/2016$0.078/17/20168/19/20168/26/2016
5/17/2016$0.077/20/20167/22/20167/29/2016
5/17/2016$0.076/15/20166/17/20166/24/2016
2/29/2016$0.075/18/20165/20/20165/27/2016
2/18/2016Monthly$0.074/20/20164/22/20164/29/2016
2/18/2016$0.073/16/20163/18/20163/24/2016
11/16/2015$0.071/20/20161/22/20161/29/2016
11/16/2015$0.0712/16/201512/18/201512/24/2015
8/24/2015$0.0711/18/201511/20/201511/27/2015
8/17/2015$0.0710/21/201510/23/201510/30/2015
5/21/2015monthly$0.075.66%7/22/20157/24/20157/31/2015
5/21/2015monthly$0.075.66%8/19/20158/21/20158/28/2015
5/21/2015monthly$0.075.66%6/17/20156/19/20156/26/2015
2/19/2015monthly$0.075.73%5/20/20155/22/20155/29/2015
2/19/2015monthly$0.075.73%3/18/20153/20/20153/27/2015
2/19/2015monthly$0.075.73%4/15/20154/17/20154/24/2015
11/19/2014monthly$0.075.78%1/21/20151/23/20151/30/2015
11/19/2014monthly$0.075.78%2/18/20152/20/20152/27/2015
11/19/2014monthly$0.075.78%12/17/201412/19/201412/26/2014
8/19/2014monthly$0.075.86%9/17/20149/19/20149/26/2014
8/19/2014monthly$0.075.86%10/22/201410/24/201410/31/2014
8/19/2014monthly$0.075.86%11/19/201411/21/201411/28/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Western Asset Managed Municipals Fnd (NYSE:MMU)
Institutional Ownership Percentage: 12.36%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/4/2017Daniel P. CroninDirectorSell2,000$13.72$27,440.00View SEC Filing  
4/8/2016Robert D AgdernDirectorBuy1,322$15.14$20,015.08View SEC Filing  
8/7/2014Citigroup IncMajor ShareholderSell2,000$86.94$173,880.00View SEC Filing  
7/21/2014Citigroup IncMajor ShareholderSell1,200$86.82$104,184.00View SEC Filing  
6/3/2013William R HutchinsonDirectorBuy1,000$13.19$13,190.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Western Asset Managed Municipals Fnd (NYSE:MMU)
DateHeadline
finance.yahoo.com logoWestern Asset Managed Municipals Fund Inc. Portfolio Composition as of December 31, 2016 (NYSE:MMU)
finance.yahoo.com - January 30 at 7:18 PM
nasdaq.com logoWestern Asset Managed Municipals Fund, Inc. (MMU) Ex-Dividend Date Scheduled ... (NYSE:MMU)
www.nasdaq.com - December 21 at 9:30 AM
finance.yahoo.com logoWestern Asset Managed Municipals Fund Inc. Announces Financial Position as of August 31, 2016 (NYSE:MMU)
finance.yahoo.com - December 15 at 7:18 PM
4-traders.com logoLegg Mason Partners Fund Advisor, LLC : Announces Distributions for the Months of December 2016, January and February 2017 (NYSE:MMU)
www.4-traders.com - November 15 at 9:53 AM
businesswire.com logoWestern Asset Municipal Partners Fund Inc. Portfolio Composition as of September 30, 2016 (NYSE:MMU)
www.businesswire.com - October 27 at 6:17 PM
finance.yahoo.com logoWestern Asset Managed Municipals Fund Inc. Portfolio Composition as of September 30, 2016 (NYSE:MMU)
finance.yahoo.com - October 27 at 6:17 PM
finance.yahoo.com logoWestern Asset Managed Municipals Fund Inc. (MMU) (NYSE:MMU)
finance.yahoo.com - October 3 at 5:49 PM
finance.yahoo.com logoWestern Asset Managed Municipals Fund Inc. Announces Results of Annual Meeting of Shareholders (NYSE:MMU)
finance.yahoo.com - October 3 at 10:47 AM
News IconMMU Dividend History & Description — Western Asset Managed Municipals Fund Inc (NYSE:MMU)
www.dividendchannel.com - September 23 at 10:51 AM
businesswire.com logoWestern Asset Municipal High Income Fund Inc. Announces Financial Position as of July 31, 2016 (NYSE:MMU)
www.businesswire.com - September 15 at 9:36 AM
News IconHudson Yards set to make bond market history for New York agency (NYSE:MMU)
www.chicagotribune.com - September 14 at 6:17 PM
bloomberg.com logoNuveen, OppenheimerFunds Lose Gamble on Sonoma County Casino (1) (NYSE:MMU)
washpost.bloomberg.com - August 19 at 6:09 PM
4-traders.com logoLegg Mason Partners Fund Advisor, LLC : Announces Distributions for the Months of September, October and November 2016 (NYSE:MMU)
www.4-traders.com - August 15 at 8:26 AM
finance.yahoo.com logoLegg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of September, October and November 2016 (NYSE:MMU)
finance.yahoo.com - August 15 at 8:26 AM
investopedia.com logoSBMAX: 3 Legg Mason Mutual Funds with Long Track Records (NYSE:MMU)
www.investopedia.com - August 12 at 6:19 PM
finance.yahoo.com logoWestern Asset Managed Municipals Fund Inc. Portfolio Composition as of June 30, 2016 (NYSE:MMU)
finance.yahoo.com - August 4 at 9:24 AM
finance.yahoo.com logoWestern Asset Managed Municipals Fund Inc. Announces Financial Position as of February 29, 2016 (NYSE:MMU)
finance.yahoo.com - June 30 at 8:00 AM

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What is Western Asset Managed Municipals Fnd's stock symbol?

Western Asset Managed Municipals Fnd trades on the New York Stock Exchange (NYSE) under the ticker symbol "MMU."

How often does Western Asset Managed Municipals Fnd pay dividends? What is the dividend yield for Western Asset Managed Municipals Fnd?

Western Asset Managed Municipals Fnd announced a monthly dividend on Thursday, February 16th. Shareholders of record on Friday, March 24th will be paid a dividend of $0.063 per share on Monday, April 3rd. This represents a $0.76 dividend on an annualized basis and a yield of 5.51%. The ex-dividend date is Wednesday, March 22nd.

How do I buy Western Asset Managed Municipals Fnd stock?

Shares of Western Asset Managed Municipals Fnd can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Western Asset Managed Municipals Fnd stock cost?

One share of Western Asset Managed Municipals Fnd stock can currently be purchased for approximately $13.72.

Western Asset Managed Municipals Fnd (NYSE:MMU) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Western Asset Managed Municipals Fnd (NYSE:MMU)

Earnings History Chart

Earnings by Quarter for Western Asset Managed Municipals Fnd (NYSE:MMU)

Dividend History Chart

Dividend Payments by Quarter for Western Asset Managed Municipals Fnd (NYSE:MMU)

Last Updated on 2/23/2017 by MarketBeat.com Staff