MMU: RiverNorth discloses 6.3% stake — 3,440,071 shares held
RiverNorth Capital Management, LLC filed Amendment No. 4 to Schedule 13G reporting beneficial ownership in Western Asset Managed Municipals Fund Inc. (MMU).
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Rhea-AI Filing Summary
RiverNorth Capital Management, LLC filed Amendment No. 4 to Schedule 13G reporting beneficial ownership in Western Asset Managed Municipals Fund Inc. (MMU). RiverNorth reports ownership of 3,440,071 common shares, representing 6.3% of the class as of the event date.
The filer has sole voting and sole dispositive power over 3,440,071 shares, with no shared power. The filing certifies the securities were acquired and are held in the ordinary course of business and not to change or influence control. It also notes that other persons have the right to receive the proceeds from sales of the reported securities. The event date is 09/30/2025.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake did RiverNorth report in MMU?
What type of filing did RiverNorth submit for MMU?
What voting and dispositive powers does RiverNorth have?
What is the event date for RiverNorth’s MMU position?
Did RiverNorth indicate an intent to influence control of MMU?
Does anyone else have rights to proceeds from the securities?
AI-generated analysis. How Rhea-AI works. Not financial advice.