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

About Western Asset Managed Municipals Fund (NYSE:MMU)

Western Asset Managed Municipals Fund 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 Funds
  • Sub-Industry: N/A
  • Symbol: NYSE:MMU
  • CUSIP: N/A
  • Web: N/A
Average Prices:
  • 50 Day Moving Avg: $14.20
  • 200 Day Moving Avg: $14.00
  • 52 Week Range: $13.03 - $14.51
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.00
Misc:
  • Average Volume: 63,068 shs.
  • Beta: 0.06
 

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

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

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

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

Western Asset Managed Municipals Fund declared a monthly dividend on Tuesday, August 15th. Investors of record on Friday, November 24th will be paid a dividend of $0.063 per share on Friday, December 1st. This represents a $0.76 dividend on an annualized basis and a yield of 5.38%. The ex-dividend date of this dividend is Wednesday, November 22nd. View Western Asset Managed Municipals Fund's Dividend History.

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

Who are Western Asset Managed Municipals Fund's key executives?

Western Asset Managed Municipals Fund's management team includes the folowing people:

  • Jane E. Trust, Chairman of the Board, President, Chief Executive Officer,
  • Richard F. Sennett, Principal Financial Officer
  • Ted P. Becker, Chief Compliance Officer
  • Steven Frank, Treasurer
  • Vanessa A. Williams, Identity Theft Prevention Officer
  • Robert I. Frenkel, Secretary, Chief Legal Officer
  • William R. Hutchinson, Lead Independent Director
  • Robert D. Agdern, Independent Director
  • Carol L. Colman, Independent Director
  • Daniel P. Cronin, Independent Director

How do I buy Western Asset Managed Municipals Fund stock?

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

What is Western Asset Managed Municipals Fund's stock price today?

One share of Western Asset Managed Municipals Fund stock can currently be purchased for approximately $14.05.


MarketBeat Community Rating for Western Asset Managed Municipals Fund (NYSE MMU)
Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  26 (Vote Outperform)
Underperform Votes:  22 (Vote Underperform)
Total Votes:  48
MarketBeat's community ratings are surveys of what our community members think about Western Asset Managed Municipals Fund and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Western Asset Managed Municipals Fund (NYSE:MMU) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A
Consensus Price Target History for Western Asset Managed Municipals Fund (NYSE:MMU)
Price Target History for Western Asset Managed Municipals Fund (NYSE:MMU)
Analysts' Ratings History for Western Asset Managed Municipals Fund (NYSE:MMU)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

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

Estimates

Earnings Estimates for Western Asset Managed Municipals Fund (NYSE:MMU)

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Current Dividend Information for Western Asset Managed Municipals Fund (NYSE:MMU)
Next Dividend:12/1/2017
Annual Dividend:$0.76
Dividend Yield:5.41%
Dividend Growth:-0.10% (3 Year Average)
Payout Ratio:
Dividend Payments by Quarter for Western Asset Managed Municipals Fund (NYSE:MMU)

Dividend History by Quarter for Western Asset Managed Municipals Fund (NYSE MMU)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/15/2017monthly$0.065.43%11/22/201711/24/201712/1/2017
8/15/2017monthly$0.065.43%9/21/20179/22/201710/2/2017
8/15/2017monthly$0.065.43%10/19/201710/20/201711/1/2017
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 Fund (NYSE:MMU)
Institutional Ownership Percentage: 12.52%
Insider Trades by Quarter for Western Asset Managed Municipals Fund (NYSE:MMU)
Institutional Ownership by Quarter for Western Asset Managed Municipals Fund (NYSE:MMU)
Insider Trades by Quarter for Western Asset Managed Municipals Fund (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 Fund (NYSE:MMU)
Latest Headlines for Western Asset Managed Municipals Fund (NYSE:MMU)
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Chart

Western Asset Managed Municipals Fund (MMU) Chart for Friday, October, 20, 2017

This page was last updated on 10/20/2017 by MarketBeat.com Staff

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