NYSE:MMU

Western Asset Managed Municipals Fund (MMU) Stock Price, News & Analysis

$10.19
-0.07 (-0.68%)
(As of 05/10/2024 ET)
Today's Range
$10.19
$10.26
50-Day Range
$9.91
$10.45
52-Week Range
$8.60
$10.45
Volume
65,372 shs
Average Volume
156,294 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
4.91%
Price Target
N/A
MMU stock logo

About Western Asset Managed Municipals Fund Stock (NYSE:MMU)

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.

MMU Stock Price History

MMU Stock News Headlines

Biggest hedge fund manager has huge warning for U.S. dollar
Prescient CEO Makes Shocking New Prediction Known for his eerily accurate market calls over the years, this CEO has just revealed his newest prediction about "America's New Money."
Western Asset Managed Municipals I
MMU Western Asset Managed Municipals Portfolio
Western Asset Managed Municipals Fund Inc. (MMU)
Biggest hedge fund manager has huge warning for U.S. dollar
Prescient CEO Makes Shocking New Prediction Known for his eerily accurate market calls over the years, this CEO has just revealed his newest prediction about "America's New Money."
For 2024, I'm Going With Muni Funds
SNIPX Western Asset New York Municipals Fund Class IS
Western Asset Managed Municipals Fund (SMMOX)
SHRCX Western Asset California Municipals Fund A
See More Headlines
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Company Calendar

Today
5/10/2024
Ex-Dividend for 6/3 Dividend
5/22/2024
Ex-Dividend for 6/3 Dividend
5/22/2024
Fiscal Year End
5/31/2024
Dividend Payable
6/03/2024
Dividend Payable
6/03/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment offices, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
147,000
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$37.74 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
0.42
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MMU Stock Analysis - Frequently Asked Questions

How have MMU shares performed in 2024?

Western Asset Managed Municipals Fund's stock was trading at $10.17 at the start of the year. Since then, MMU shares have increased by 0.3% and is now trading at $10.20.
View the best growth stocks for 2024 here
.

Are investors shorting Western Asset Managed Municipals Fund?

Western Asset Managed Municipals Fund saw a drop in short interest during the month of April. As of April 15th, there was short interest totaling 20,200 shares, a drop of 79.0% from the March 31st total of 96,100 shares. Based on an average daily volume of 162,900 shares, the days-to-cover ratio is currently 0.1 days.
View Western Asset Managed Municipals Fund's Short Interest
.

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, February 20th. Investors of record on Thursday, May 23rd will be given a dividend of $0.0545 per share on Monday, June 3rd. This represents a $0.65 annualized dividend and a dividend yield of 6.41%. The ex-dividend date is Wednesday, May 22nd.
Read our dividend analysis for MMU
.

Is Western Asset Managed Municipals Fund a good dividend stock?

Western Asset Managed Municipals Fund (NYSE:MMU) pays an annual dividend of $0.50 per share and currently has a dividend yield of 4.83%. 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.

What ETFs hold Western Asset Managed Municipals Fund's stock?

ETFs with the largest weight of Western Asset Managed Municipals Fund (NYSE:MMU) stock in their portfolio include Rareview Tax Advantaged Income ETF (RTAI), VanEck CEF Municipal Income ETF (XMPT), Rareview Dynamic Fixed Income ETF (RDFI) and VanEck Muni Allocation ETF (MAAX).

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

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).

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

Western Asset Managed Municipals Fund's stock is owned by a number of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (0.00%), Leo Wealth LLC (0.00%), Park Avenue Securities LLC (0.00%), Carson Advisory Inc. (0.00%), Matisse Capital (0.00%) and Janney Montgomery Scott LLC (0.00%).
View institutional ownership trends
.

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

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

This page (NYSE:MMU) was last updated on 5/10/2024 by MarketBeat.com Staff

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