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MMU Overview

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Intellectia

Loading chart...

High
10.500
Open
10.500
VWAP
10.45
Vol
95.73K
Mkt Cap
--
Low
10.430
Amount
1.00M
EV/EBITDA(TTM)
--
Total Shares
--
EV
--
EV/OCF(TTM)
--
P/S(TTM)
--
Western Asset Managed Municipals Fund Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek as high a level of current income exempt from federal income tax as is consistent with preservation of capital. When pursuing its investment objective, the Fund seeks to maximize current income exempt from federal income tax as is consistent with preservation of principal. The Fund 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. Under normal market conditions, the Fund will invest at least 80% of its total assets in municipal obligations rated investment grade at the time of investment. The Fund invests in a range of sectors, including health care, power, leasing, education, housing, and others. Legg Mason Partners Fund Advisor, LLC. is the investment manager of the Fund.
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Events Timeline

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News

seekingalpha
9.5
20:12 PMseekingalpha
PinnedWestern Asset Managed Municipals Portfolio Q1 Financial Results
  • Financial Performance: Western Asset Managed Municipals Portfolio reported a Q1 GAAP EPS of -$0.25, indicating profitability challenges that may affect investor confidence in the fund.
  • Asset Size: As of the reporting date, total net assets stood at $613,697,114, and despite the substantial asset base, the negative earnings could prompt investors to reassess their investment strategies.
  • Dividend Performance: The dividend scorecard for Western Asset Managed Municipals Portfolio highlights its performance in dividend distribution, suggesting that investors should monitor potential adjustments in future dividend policies.
  • Market Impact: The negative EPS may have a detrimental effect on market sentiment, leading investors to reevaluate the risk associated with municipal bonds, which could subsequently influence overall market liquidity.
NASDAQ.COM
5.0
2025-01-30NASDAQ.COM
Insider Sale: Director at $MMU Sells 1,949 Shares
  • Insider Trading Activity: Daniel P Cronin, a director at $MMU, sold all 1,949 shares of the company for approximately $20,133 on January 29, 2025, marking a complete divestment from this class of stock. In the past six months, there have been three insider sales and no purchases of $MMU stock.

  • Institutional Investor Movements: In the latest quarter, 52 institutional investors increased their holdings in $MMU, while 50 reduced their positions, indicating mixed sentiment among large shareholders.

Newsfilter
5.0
2024-12-20Newsfilter
Certain Closed-end Funds Advised by Franklin Templeton Fund Adviser, LLC Announce Retirement of Directors
  • Board Changes Announced: The Boards of various funds managed by Franklin Templeton announced the retirements of Directors Daniel J. Cronin and Paolo M. Cucchi, reducing the number of Directors from ten to eight effective December 31, 2024. Hillary A. Sale and Peter Mason will take over as Chairs of the Nominating and Compensation Committees, respectively, starting January 1, 2025.

  • Investment Risk Disclaimer: The press release emphasizes that investments in the Funds are subject to risks, including potential loss of value, and shares may trade at a discount to their net asset value on the New York Stock Exchange.

Wall Street analysts forecast MMU stock price to rise
0 Analyst Rating
Wall Street analysts forecast MMU stock price to rise
0 Buy
0 Hold
0 Sell
Current: 0.000
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Current: 0.000
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Valuation Metrics

The current forward P/E ratio for Western Asset Managed Municipals Fund Inc (MMU.N) is --, compared to its 5-year average forward P/E of --. For a more detailed relative valuation and DCF analysis to assess Western Asset Managed Municipals Fund Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
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5Y Average PE
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NaN
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Undervalued PE

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
Current EV/EBITDA
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Undervalued EV/EBITDA

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
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5Y Average PS
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NaN
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Financials

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Frequently Asked Questions

What is Western Asset Managed Municipals Fund Inc (MMU) stock price today?

The current price of MMU is 10.43 USD — it has decreased -0.57

What is Western Asset Managed Municipals Fund Inc (MMU)'s business?

Western Asset Managed Municipals Fund Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek as high a level of current income exempt from federal income tax as is consistent with preservation of capital. When pursuing its investment objective, the Fund seeks to maximize current income exempt from federal income tax as is consistent with preservation of principal. The Fund 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. Under normal market conditions, the Fund will invest at least 80% of its total assets in municipal obligations rated investment grade at the time of investment. The Fund invests in a range of sectors, including health care, power, leasing, education, housing, and others. Legg Mason Partners Fund Advisor, LLC. is the investment manager of the Fund.

What is the price predicton of MMU Stock?

Wall Street analysts forecast MMU stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for MMU is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Western Asset Managed Municipals Fund Inc (MMU)'s revenue for the last quarter?

Western Asset Managed Municipals Fund Inc revenue for the last quarter amounts to NaN USD, decreased

What is Western Asset Managed Municipals Fund Inc (MMU)'s earnings per share (EPS) for the last quarter?

Western Asset Managed Municipals Fund Inc. EPS for the last quarter amounts to USD, decreased

How many employees does Western Asset Managed Municipals Fund Inc (MMU). have?

Western Asset Managed Municipals Fund Inc (MMU) has 0 emplpoyees as of April 22 2026.

What is Western Asset Managed Municipals Fund Inc (MMU) market cap?

Today MMU has the market capitalization of 0.00 USD.