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

About Western Asset Managed Municipals Fnd (NYSE:MMU)

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
  • Symbol: NYSE:MMU
  • CUSIP: N/A
  • Web: N/A
Average Prices:
  • 50 Day Moving Avg: $13.83
  • 200 Day Moving Avg: $13.71
  • 52 Week Range: $13.03 - $15.60
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.00
Misc:
  • Average Volume: 72,438 shs.
  • Beta: 0.11
 

Frequently Asked Questions for Western Asset Managed Municipals Fnd (NYSE:MMU)

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 declared a monthly dividend on Thursday, May 18th. Investors of record on Friday, August 25th will be given a dividend of $0.063 per share on Friday, September 1st. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.48%. The ex-dividend date is Wednesday, August 23rd. View Western Asset Managed Municipals Fnd's Dividend History.

Who are some of Western Asset Managed Municipals Fnd's key competitors?

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 $13.79.

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)
Next Dividend:9/1/2017
Annual Dividend:$0.78
Dividend Yield:5.66%
Dividend Growth:-0.10% (3 Year Average)
Payout Ratio:
Dividend Payments by Quarter for Western Asset Managed Municipals Fnd (NYSE:MMU)

Dividend History by Quarter for Western Asset Managed Municipals Fnd (NYSE:MMU)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/18/2017monthly$0.065.47%8/23/20178/25/20179/1/2017
5/18/2017monthly$0.065.47%6/21/20176/23/20177/3/2017
5/18/2017monthly$0.065.47%7/19/20177/21/20178/1/2017
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 and Institutional Ownership History for Western Asset Managed Municipals Fnd (NYSE:MMU)
Institutional Ownership Percentage: 12.36%
Insider Trades by Quarter for Western Asset Managed Municipals Fnd (NYSE:MMU)
Insider Trades by Quarter for Western Asset Managed Municipals Fnd (NYSE:MMU)
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

Headline Trends for Western Asset Managed Municipals Fnd (NYSE:MMU)
Latest Headlines for Western Asset Managed Municipals Fnd (NYSE:MMU)
Source:
DateHeadline
americanbankingnews.com logoWestern Asset Managed Municipals Fnd Inc (MMU) Plans $0.06 Monthly Dividend
www.americanbankingnews.com - May 18 at 7:14 PM
americanbankingnews.com logoWestern Asset Managed Municipals Fnd Inc (MMU) Plans Monthly Dividend of $0.06
www.americanbankingnews.com - May 18 at 7:14 PM
americanbankingnews.com logoWestern Asset Managed Municipals Fnd Inc Announces Monthly Dividend of $0.06 (MMU)
www.americanbankingnews.com - May 18 at 7:14 PM
finance.yahoo.com logoLegg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of June, July and August 2017
finance.yahoo.com - May 17 at 9:15 AM
americanbankingnews.com logoWestern Asset Managed Municipals Fnd (MMU) Receives Daily News Impact Rating of 0.69
www.americanbankingnews.com - April 29 at 8:10 AM
finance.yahoo.com logoWestern Asset Managed Municipals Fund Inc. Portfolio Composition as of March 31, 2017
finance.yahoo.com - April 27 at 7:06 PM
americanbankingnews.com logoWestern Asset Managed Municipals Fnd (MMU) Receiving Very Favorable Media Coverage, Analysis Finds
www.americanbankingnews.com - April 15 at 7:24 AM
finance.yahoo.com logoWestern Asset Managed Municipals Fund Inc. Announces Financial Position as of February 28, 2017
finance.yahoo.com - April 12 at 7:31 PM
nasdaq.com logoWestern Asset Managed Municipals Fund, Inc. (MMU)...
www.nasdaq.com - March 21 at 11:45 AM
finance.yahoo.com logoWestern Asset Managed Municipals Fund Inc. Portfolio Composition as of December 31, 2016
finance.yahoo.com - January 30 at 7:18 PM
nasdaq.com logoWestern Asset Managed Municipals Fund, Inc. (MMU) Ex-Dividend Date Scheduled ...
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
finance.yahoo.com - December 15 at 7:18 PM
businesswire.com logoWestern Asset Municipal Partners Fund Inc. Portfolio Composition as of September 30, 2016
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
finance.yahoo.com - October 27 at 6:17 PM
finance.yahoo.com logoWestern Asset Managed Municipals Fund Inc. (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
finance.yahoo.com - October 3 at 10:47 AM
businesswire.com logoWestern Asset Municipal High Income Fund Inc. Announces Financial Position as of July 31, 2016
www.businesswire.com - September 15 at 9:36 AM
finance.yahoo.com logoLegg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of September, October and November 2016
finance.yahoo.com - August 15 at 8:26 AM
investopedia.com logoSBMAX: 3 Legg Mason Mutual Funds with Long Track Records
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
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
finance.yahoo.com - June 30 at 8:00 AM

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Chart

Western Asset Managed Municipals Fnd (MMU) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff