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

Company Overview

Western Asset Managed Municipals Fund (NYSE: MMU) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal income tax. The fund pursues its objective by investing primarily in a diversified portfolio of investment-grade municipal securities issued by state and local governments across the United States. MMU may employ leverage, including permitted use of borrowing and derivatives, to enhance income and total return potential.

The fund’s portfolio construction is guided by Western Asset Management Company’s team of municipal bond specialists. It emphasizes credit research, sector diversification and duration management to navigate changing interest rate environments and credit conditions. Holdings typically include general obligation and revenue bonds, as well as essential service and healthcare-related munis, reflecting a broad mix of issuers and geographic regions.

Western Asset Management Company, LLC, the fund’s investment manager, is a global fixed-income asset manager with a history dating back to 1971. As an affiliate of Franklin Templeton, the manager leverages deep credit‐analysis capabilities and market insights to oversee MMU’s portfolio. The fund is available to individual and institutional investors seeking tax-advantaged income through a professionally managed municipal bond strategy.

Key Stats

• Today's Range: $9.89 to $9.94
• 50-Day Range: $9.82 to $10.07
• 52-Week Range: $9.46 to $11.00
• Volume: 224,835 shs
• Average Volume: 159,345 shs
• Market Capitalization: $541.28 million
• P/E Ratio: N/A
• Dividend Yield: 3.33%
• Price Target: N/A
• Consensus Rating: N/A

MMU Stock Analysis - Frequently Asked Questions

How have MMU shares performed this year?

Western Asset Managed Municipals Fund's stock was trading at $10.20 at the beginning of the year. Since then, MMU shares have decreased by 2.8% and is now trading at $9.91.

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

Top institutional investors of Western Asset Managed Municipals Fund include Bank of America Corp DE (1.87%), Raymond James Financial Inc. (1.78%), Karpus Management Inc. (1.27%) and Guggenheim Capital LLC (0.87%).
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.

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

Based on aggregate information from My MarketBeat watchlists, some other companies that Western Asset Managed Municipals Fund investors own include Energy Transfer (ET), Enterprise Products Partners (EPD), British American Tobacco (BTI), Altria Group (MO), MPLX (MPLX), Verizon Communications (VZ) and ONEOK (OKE).

Company Calendar

• Record date for 8/1 Dividend: 7/24/2025
• Ex-Dividend for 8/1 Dividend: 7/24/2025
• Dividend Payable: 8/01/2025
• Today: 9/03/2025
• Record date for 10/1 Dividend: 9/23/2025
• Ex-Dividend for 10/1 Dividend: 9/23/2025
• Dividend Payable: 10/01/2025
• Fiscal Year End: 5/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: FIN - INVEST FUND
• Sub-Industry: Misc.
• Current Symbol: NYSE:MMU
• CIK: 886043
• Web: individualinvestor.myleggmason.com
• Phone: (888) 777-0102
• Fax: N/A
• Employees: 147,000
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $9.49 million
• Price / Sales: 57.06
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 54,619,000
• Free Float: N/A
• Market Cap: $541.27 million
• Optionable: Not Optionable
• Beta: 0.53