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Western Asset Managed Municipals Fund NYSE:MMU Stock Report

Last Price

US$10.27

Market Cap

US$562.5m

7D

0.3%

1Y

1.1%

Updated

17 Mar, 2024

Data

Company Financials

Western Asset Managed Municipals Fund Inc.

NYSE:MMU Stock Report

Market Cap: US$562.5m

MMU Stock Overview

Western Asset Managed Municipals Fund Inc.

MMU fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health1/6
Dividends3/6

Western Asset Managed Municipals Fund Inc. Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Western Asset Managed Municipals Fund
Historical stock prices
Current Share PriceUS$10.27
52 Week HighUS$10.45
52 Week LowUS$8.60
Beta0.41
1 Month Change0.49%
3 Month Change1.68%
1 Year Change1.08%
3 Year Change-19.70%
5 Year Change-22.26%
Change since IPO-13.52%

Recent News & Updates

Recent updates

Western Asset Managed Municipals Portfolio goes ex-dvidend on Monday

Jan 20

Western Asset Managed Municipals Portfolio declares $0.039 dividend

Oct 20

Western Asset Managed Municipals Portfolio goes ex-dividend tomorrow

Sep 21

Western Asset Managed Municipals Portfolio declares $0.045 dividend

Nov 17

Shareholder Returns

MMUUS Capital MarketsUS Market
7D0.3%-0.9%-0.2%
1Y1.1%31.4%29.3%

Return vs Industry: MMU underperformed the US Capital Markets industry which returned 31.3% over the past year.

Return vs Market: MMU underperformed the US Market which returned 29.4% over the past year.

Price Volatility

Is MMU's price volatile compared to industry and market?
MMU volatility
MMU Average Weekly Movement1.4%
Capital Markets Industry Average Movement3.3%
Market Average Movement6.1%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.0%

Stable Share Price: MMU has not had significant price volatility in the past 3 months.

Volatility Over Time: MMU's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1992n/aKen Fullerhttps://individualinvestor.myleggmason.com/portal/server.pt?open=512&objID=1434&cached=true&mode=2&userID=355661&mktcd=MMU

Western Asset Managed Municipals Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company. It invests in the fixed income markets of the United States.

Western Asset Managed Municipals Fund Inc. Fundamentals Summary

How do Western Asset Managed Municipals Fund's earnings and revenue compare to its market cap?
MMU fundamental statistics
Market capUS$562.47m
Earnings (TTM)US$26.56m
Revenue (TTM)US$32.02m

21.2x

P/E Ratio

17.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MMU income statement (TTM)
RevenueUS$32.02m
Cost of RevenueUS$0
Gross ProfitUS$32.02m
Other ExpensesUS$5.46m
EarningsUS$26.56m

Last Reported Earnings

Nov 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.49
Gross Margin100.00%
Net Profit Margin82.96%
Debt/Equity Ratio47.2%

How did MMU perform over the long term?

See historical performance and comparison

Dividends

4.9%

Current Dividend Yield

90%

Payout Ratio

Does MMU pay a reliable dividends?

See MMU dividend history and benchmarks
When do you need to buy MMU by to receive an upcoming dividend?
Western Asset Managed Municipals Fund dividend dates
Ex Dividend DateMar 20 2024
Dividend Pay DateApr 01 2024
Days until Ex dividend2 days
Days until Dividend pay date14 days

Does MMU pay a reliable dividends?

See MMU dividend history and benchmarks
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