Western Asset Managed Municipals Fund, Inc. filings document the regulatory record for a NYSE-listed closed-end municipal bond fund. Its Schedule 14A proxy materials cover annual meeting procedures, board elections, stockholder voting mechanics, and the separate roles of common stockholders and preferred shareholders in fund governance.
The filing record also identifies MMU's common stock and preferred shares, board structure, and capital-structure matters associated with a closed-end fund. These disclosures center on governance, shareholder rights, meeting proposals, and the formal documents used to conduct fund stockholder votes.
Western Asset Managed Municipals Fund Inc. provides definitive proxy materials for its annual meeting scheduled October 17, 2025 at Franklin Templeton, One Madison Avenue, 17th Floor, New York, NY at 10:00 a.m. Eastern. The proxy card seeks shareholder votes to elect Class II directors (named nominees include Nisha Kumar, Eileen A. Kamerick and Hillary A. Sale in one slate and alternate slates for two-class elections) and to ratify PricewaterhouseCoopers LLP as the Fund's independent registered public accountants for the fiscal year ending May 31, 2026.
The materials disclose director biographies, committee assignments and tenure, aggregate director compensation for fiscal year ended 05/31/25 and total compensation for calendar year ended 12/31/24 for each listed director, and principal shareholder holdings: Saba Capital Management, L.P. (5.14%) and RiverNorth Capital Management, LLC (8.78%). The card provides voting instructions, proxy appointment language, and contact/voting information (www.proxy-direct.com and 1-800-337-3503).
Western Asset Managed Municipals Fund Inc. director-subadviser representative Jeffrey Masom filed an initial ownership report stating that he does not beneficially own any securities of the fund. The Form 3 indicates no non-derivative or derivative securities are listed as owned, and the remarks section explicitly notes that no securities are beneficially owned.