Western Asset Managed Municipals Fund - MMU Stock Forecast, Price & News

Western Asset Managed Municipals Fund's stock was trading at $10.07 at the start of the year. Since then, MMU stock has increased by 5.2% and is now trading at $10.59.
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Western Asset Managed Municipals Fund saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 18,500 shares, an increase of 35.0% from the December 15th total of 13,700 shares. Based on an average trading volume of 149,700 shares, the short-interest ratio is currently 0.1 days.
View Western Asset Managed Municipals Fund's Short Interest.

Western Asset Managed Municipals Fund announced a monthly dividend on Monday, November 14th. Shareholders of record on Tuesday, February 21st will be given a dividend of $0.036 per share on Wednesday, March 1st. This represents a $0.43 dividend on an annualized basis and a yield of 4.08%. The ex-dividend date is Friday, February 17th.
Read our dividend analysis for MMU.

Western Asset Managed Municipals Fund (NYSE:MMU) pays an annual dividend of $0.46 per share and currently has a dividend yield of 4.41%. MMU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for MMU.

Based on aggregate information from My MarketBeat watchlists, some companies that other Western Asset Managed Municipals Fund investors own include Verizon Communications (VZ), Ryder System (R), HCA Healthcare (HCA), Altria Group (MO), Walgreens Boots Alliance (WBA), Wells Fargo & Company (WFC), AbbVie (ABBV), General Motors (GM), Pandora Media (P) and AT&T (T).

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

Western Asset Managed Municipals Fund's stock is owned by a number of institutional and retail investors. Top institutional investors include Melone Private Wealth LLC (0.38%), Park Avenue Securities LLC (0.24%), Access Financial Services Inc. (0.19%), Riverbridge Partners LLC (0.07%), Melfa Wealth Management LLC (0.07%) and Altus Wealth Group LLC (0.05%).
View institutional ownership trends.

Shares of MMU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MMU stock can currently be purchased for approximately $10.59.

Western Asset Managed Municipals Fund (NYSE:MMU) has a market capitalization of $459.29 million.

The company employs 147,000 workers across the globe.

The official website for the company is individualinvestor.myleggmason.com. The financial services provider can be reached via phone at (888) 777-0102.