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: $13.92
  • 200 Day Moving Avg: $13.82
  • 52 Week Range: $13.03 - $15.60
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.00
Misc:
  • Average Volume: 76,216 shs.
  • Beta: 0.07
 
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 announced a monthly dividend on Thursday, May 18th. Stockholders 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 annualized dividend and a dividend yield of 5.37%. The ex-dividend date of this dividend is Wednesday, August 23rd. 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

Who owns Western Asset Managed Municipals Fund stock?

Western Asset Managed Municipals Fund's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Capital Advisors Ltd. LLC (0.03%). Company insiders that own Western Asset Managed Municipals Fund stock include Daniel P Cronin and Robert D Agdern. View Institutional Ownership Trends for Western Asset Managed Municipals Fund.

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 $14.08.


MarketBeat Community Rating for Western Asset Managed Municipals Fund (NYSE MMU)
Community Ranking:  2.0 out of 5 ( )
Outperform Votes:  4 (Vote Outperform)
Underperform Votes:  6 (Vote Underperform)
Total Votes:  10
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

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:9/1/2017
Annual Dividend:$0.76
Dividend Yield:5.40%
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
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: 17.63%
Insider Trades 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)
Source:
DateHeadline
nasdaq.com logoWestern Asset Managed Municipals Fund, Inc. (MMU) Ex-Dividend Date
www.nasdaq.com - July 18 at 11:34 PM
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 Fund (MMU) Chart for Thursday, July, 27, 2017

This page was last updated on 7/27/2017 by MarketBeat.com Staff