Welcome to our dedicated page for Western Asset Managed Muni news (Ticker: MMU), a resource for investors and traders seeking the latest updates and insights on Western Asset Managed Muni stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Western Asset Managed Muni's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Western Asset Managed Muni's position in the market.
Western Asset Managed Municipals Fund (NYSE: MMU) reported unaudited financial position as of August 31, 2025. Key figures: Total assets $872.7M, Total net assets $580.3M, NAV $10.62 and market price $9.89, implying a market discount ~6.9%. Quarterly operating results show total net investment income $7.63M and a net increase in net assets from operations $5.70M. The fund recorded a small net realized/unrealized loss $0.17M this quarter versus a prior-year gain of $21.98M. Outstanding variable rate demand preferred stock remains $284.075M. Data are unaudited and the fund files reports with the SEC.
Western Asset Managed Municipals Fund (NYSE: MMU) announced the results of its annual meeting held October 17, 2025. Eileen A. Kamerick and Hillary A. Sale were elected as Class II directors by holders of common and preferred stock to serve through the 2028 annual meeting. Nisha Kumar was elected as a Class II director by preferred stockholders to serve through the 2028 annual meeting.
Stockholders also ratified PricewaterhouseCoopers LLP as the Fund’s independent registered public accountants for the fiscal year ending May 31, 2026. The Fund is a non-diversified closed-end management investment company managed by Franklin Templeton Fund Adviser, LLC and subadvised by Western Asset Management Company, LLC. Contact 1-888-777-0102 or visit the Fund website for more information.
Western Asset Managed Municipals Fund Inc. (NYSE: MMU) has released its financial position for February 28, 2025. The fund reported total assets of $923.5 million and total net assets of $625.4 million, showing decreases from both the previous quarter and prior year.
Key metrics include:
- NAV per share: $11.45 (down from $11.71 in November 2024)
- Market price per share: $10.52 (decreased from $10.67)
- Discount to NAV improved to -8.12% from -8.88%
- Total net investment income: $7.5 million
- Net realized/unrealized loss: $10.4 million
The fund experienced a net decrease in assets from operations of $4.96 million for the quarter, compared to increases in both the previous quarter ($7.91 million) and prior year ($23.33 million). Outstanding shares remained stable at 54,618,848, while maintaining $284.07 million in Variable Rate Demand Preferred Stock.
Western Asset Managed Municipals Fund Inc. (NYSE: MMU) has reported its financial position as of August 31, 2024. The Fund's total assets reached $932.67 million, with total net assets of $640.33 million. The NAV per share increased to $11.72 from $11.39 in the previous quarter, while the market price per share rose to $10.76. The Fund showed positive performance with total net investment income of $7.73 million and total net realized/unrealized gain of $21.98 million. The discount to NAV improved to -8.19% from -12.82% in the previous quarter.
Western Asset Managed Municipals Fund Inc. (NYSE: MMU) announced the results of its annual meeting of stockholders held on October 18, 2024. Carol L. Colman was elected as a Class I Director by common and preferred stockholders, while Paolo M. Cucchi was elected as a Class I Director by preferred stockholders. Both will serve until the 2027 annual meeting. Stockholders also ratified PricewaterhouseCoopers LLP as the Fund's independent registered public accountants for the fiscal year ending May 31, 2025.
The Fund is a non-diversified closed-end management investment company managed by Franklin Templeton Fund Adviser, and subadvised by Western Asset Management Company, , both indirect wholly-owned subsidiaries of Franklin Resources Inc.
Western Asset Managed Municipals Fund Inc. (NYSE: MMU) reported its financial position as of February 29, 2024, with total assets of $930.42 million and total net assets of $644.17 million. The NAV per share of common stock was $11.76, indicating a premium of 13.44%. The fund's total net investment income was $7.70 million, with a net increase in net assets from operations of $23.33 million. On the negative side, there was an undistributed net investment income of $5.33 million.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
FAQ
What is the current stock price of Western Asset Managed Muni (MMU)?
What is the market cap of Western Asset Managed Muni (MMU)?
