Is Western Asset Managed Municipals Fund (MMU) a Buy, Sell, or Hold?
NYSE : MMU
Western Asset Managed Municipals Fund
$10.38 USD
-$0.03 (-0.29%)
- Volume
- 37.85K
- Average Volume
- 132.8K
- Market Capitalization
- $566.94M
- P/E Ratio
- 207.60
- Dividend Yield
- 6.30%
- Price Target
- Year High
- $10.71
- Year Low
- $9.79
- Day High
- —
- Day Low
- —
- Payout Ratio
- $14.45
- Current Ratio
- $283.79
Company Overview
NYSE
Jane Elizabeth Trust
Asset Management
Financial Services
MMU
0
US
USD
800-822-5544
95766M105
0000886043
Liquidity Metrics
0.49
283.79
283.79
0.00
14.45
Sales & Valuation
$10M
15.39
0.94
29.79
0.35
Profitability
-$0.06
-$2.76M
6.71%
6.71%
0.42%
0.27%
P/E Metrics
207.60
-1.76
-1.76
Analyst Price Target & Rating
2/5
0 Analysts
%
Poll Results
About Western Asset Managed Municipals Fund (NYSE:MMU) Stock
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: The Return Is Driven By Return Of Capital
2026-07-08 04:38:38
Western Asset Managed Municipals Fund is a municipal bond closed-end fund focused on high-credit-quality, investment-grade bonds. MMU offers a 6.25% distribution, but after adjusting for return of capital, the effective yield is approximately 4.1%, which is unimpressive. The fund's strategy emphasizes low credit risk and medium tenor, but I believe better risk-adjusted returns exist in lower-rated muni bond funds.
CEF Market Weekly Review: The Key Factors Driving NII
2026-05-04 09:42:32
We review the CEF market valuation and performance through the fourth week of April and highlight recent market action. CEF markets faced renewed risk aversion, with sector discounts widening to historical averages and MLPs and Convertibles led to the upside. Western Asset CEFs' NII remained largely stable; key drivers include short-term rate direction, liability management, and overdistribution.
Western Asset Managed Municipals Fund Inc. Announces Financial Position as of February 28, 2026
2026-04-22 08:00:00
NEW YORK--(BUSINESS WIRE)--Category: Financials.
Frequently Asked Questions
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What is the current Western Asset Managed Municipals Fund (MMU) stock price?
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Western Asset Managed Municipals Fund(NYSE:MMU) stock price is $10.38 in the last trading session. During the trading session, MMU stock reached the peak price of $10.71 while $9.79 was the lowest point it dropped to. The percentage change in MMU stock occurred in the recent session was --0.29% while the dollar amount for the price change in MMU stock was -$0.03.
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MMU's industry and sector of operation?
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The NYSE listed MMU is part of Asset Management industry that operates in the broader Financial Services sector.
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Who are the executives of MMU?
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Stephen Kenneth Leech | Chief Investment Officer and Portfolio Manager
Kenneth Donald Fuller | Chairman, Chief Executive Officer and President
David T. Fare | Portfolio Manager
Robert E. Amodeo | Portfolio Manager
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How many employees does MMU have?
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Number of MMU employees currently stands at 0. MMU operates from One Madison Avenue, New York, NY 10010, US.
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Link for MMU official website?
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How do I contact MMU?
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MMU could be contacted at phone #800-822-5544 and can also be accessed through its website. MMU operates from One Madison Avenue, New York, NY 10010, US.
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How many shares of MMU are traded daily?
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The average number of MMU shares traded daily for last 3 months was 132.8K.
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What is the market cap of MMU currently?
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The market value of MMU currently stands at $566.94M with its latest stock price at $10.38