NYSE:MMU - Western Asset Managed Municipals Fnd Stock Price, News & Analysis

$14.80
-0.10 (-0.67 %)
(As of 08/21/2019 09:41 AM ET)
Today's Range
$14.78
Now: $14.80
$14.93
50-Day Range
$13.72
MA: $14.36
$15.25
52-Week Range
$11.50
Now: $14.80
$15.44
Volume81,336 shs
Average Volume77,788 shs
Market Capitalization$640.69 million
P/E RatioN/A
Dividend Yield4.69%
Beta0.07
Western Asset Managed Municipals Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company. It invests in the fixed income markets of the United States. The fund invests in securities that provide income exempt from federal income tax. It invests primarily in investment grade municipal securities. The fund employs intensive proprietary research to create its portfolio. It benchmarks the performance of its portfolio against the Barclays Capital Municipal Bond Index. The fund was formerly known as Managed Municipals Portfolio Inc. Western Asset Managed Municipals Fund Inc. was formed on June 26, 1992 and is domiciled in the United States.

Industry, Sector and Symbol

Industry Investment offices, not elsewhere classified
Sub-IndustryN/A
SectorFinance
CUSIPN/A
WebN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Market Cap$640.69 million
Next Earnings DateN/A
OptionableNot Optionable

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

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 Wednesday, May 22nd. Investors of record on Friday, July 19th will be given a dividend of $0.058 per share on Thursday, August 1st. This represents a $0.70 annualized dividend and a yield of 4.70%. The ex-dividend date is Thursday, July 18th. View Western Asset Managed Municipals Fnd's Dividend History.

Has Western Asset Managed Municipals Fnd been receiving favorable news coverage?

Headlines about MMU stock have been trending positive this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Western Asset Managed Municipals Fnd earned a coverage optimism score of 2.5 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the immediate future. View News Stories for Western Asset Managed Municipals Fnd.

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

What other stocks do shareholders of Western Asset Managed Municipals Fnd own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Western Asset Managed Municipals Fnd investors own include Verizon Communications (VZ), Ryder System (R), Radius Health (RDUS), SVB Financial Group (SIVB), Tandem Diabetes Care (TNDM), Tesla (TSLA), Trade Desk (TTD), Walgreens Boots Alliance (WBA), Yogaworks (YOGA) and ZEALAND PHARMA/S (ZEAL).

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

Western Asset Managed Municipals Fnd's management team includes the folowing people:
  • Mr. Kenneth Donald Fuller, Chairman, Chief Exec. Officer and Pres (Age 61)
  • Mr. Richard F. Sennett, Principal Financial Officer (Age 49)
  • Mr. Robert I. Frenkel, Chief Legal Officer and Sec. (Age 65)
  • Mr. Theodore Paul Becker, Chief Compliance Officer (Age 68)
  • Mr. Steven Frank, Treasurer (Age 52)

Who are Western Asset Managed Municipals Fnd's major shareholders?

Western Asset Managed Municipals Fnd's stock is owned by many different of institutional and retail investors. Top institutional investors include Morgan Stanley (5.03%), Bank of America Corp DE (0.95%), HighTower Advisors LLC (0.61%), Western Wealth Management LLC (0.49%), Wells Fargo & Company MN (0.43%) and Affiance Financial LLC (0.29%). View Institutional Ownership Trends for Western Asset Managed Municipals Fnd.

Which major investors are selling Western Asset Managed Municipals Fnd stock?

MMU stock was sold by a variety of institutional investors in the last quarter, including Fiera Capital Corp, City of London Investment Management Co. Ltd., Wells Fargo & Company MN, Flagship Harbor Advisors LLC, Morgan Stanley, Affiance Financial LLC, Institutional & Family Asset Management LLC and Royal Bank of Canada. View Insider Buying and Selling for Western Asset Managed Municipals Fnd.

Which major investors are buying Western Asset Managed Municipals Fnd stock?

MMU stock was acquired by a variety of institutional investors in the last quarter, including Western Wealth Management LLC, Invesco Ltd., Bank of America Corp DE, HighTower Advisors LLC, Van ECK Associates Corp, Ladenburg Thalmann Financial Services Inc., Steward Partners Investment Advisory LLC and Private Advisor Group LLC. View Insider Buying and Selling for Western Asset Managed Municipals Fnd.

How do I buy shares of Western Asset Managed Municipals Fnd?

Shares of MMU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

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

One share of MMU stock can currently be purchased for approximately $14.80.

How big of a company is Western Asset Managed Municipals Fnd?

Western Asset Managed Municipals Fnd has a market capitalization of $640.69 million. View Additional Information About Western Asset Managed Municipals Fnd.


MarketBeat Community Rating for Western Asset Managed Municipals Fnd (NYSE MMU)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  79 (Vote Outperform)
Underperform Votes:  68 (Vote Underperform)
Total Votes:  147
MarketBeat's community ratings are surveys of what our community members think about Western Asset Managed Municipals Fnd and other stocks. Vote "Outperform" if you believe MMU will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MMU will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/21/2019 by MarketBeat.com Staff

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