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

Company Overview

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.

Key Stats

• Today's Range: $9.85 to $9.95
• 50-Day Range: $9.82 to $10.07
• 52-Week Range: $9.46 to $11.00
• Volume: 156,875 shs
• Average Volume: 134,797 shs
• Market Capitalization: $539.36 million
• P/E Ratio: N/A
• Dividend Yield: 3.24%
• 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 2025. Since then, MMU shares have decreased by 3.2% and is now trading at $9.8750.

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

Western Asset Managed Municipals Fund's top institutional shareholders 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

• Ex-Dividend for 7/1 Dividend: 6/23/2025
• Record date for 7/1 Dividend: 6/24/2025
• Dividend Payable: 7/01/2025
• Ex-Dividend for 8/1 Dividend: 7/24/2025
• Record date for 8/1 Dividend: 7/25/2025
• Dividend Payable: 8/01/2025
• Today: 8/25/2025
• 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: 56.86
• 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: $539.36 million
• Optionable: Not Optionable
• Beta: 0.51