MMU

Western Asset Managed Municipals Fund

10.03 USD
+0.04
0.40%
At close Dec 24, 4:00 PM EST
1 day
0.40%
5 days
-3.00%
1 month
-3.93%
3 months
-6.96%
6 months
-2.34%
Year to date
-2.53%
1 year
0.10%
5 years
-25.15%
10 years
-25.09%
 

About: Western Asset Managed Municipals Fd Inc is a non-diversified, closed-end management investment company. Its investment objective is to maximize current income exempted from federal income tax as is consistent with the preservation of principal. It predominantly invests in long-term investment grade municipal debt securities issued by state and local governments, political subdivisions, agencies, and public authorities (municipal obligations). Under normal market conditions, a majority of its total assets are invested in municipal obligations rated investment grade at the time of investment.

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

12% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 34

3% less funds holding

Funds holding: 117 [Q2] → 114 (-3) [Q3]

7.72% less ownership

Funds ownership: 50.31% [Q2] → 42.59% (-7.72%) [Q3]

12% less capital invested

Capital invested by funds: $285M [Q2] → $251M (-$33.7M) [Q3]

18% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 17

50% less funds holding in top 10

Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for MMU.

Financial journalist opinion

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