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Western Asset Municipal Partners Fund NYSE:MNP Stock Report

Last Price

US$10.58

Market Cap

US$102.8m

7D

-0.6%

1Y

-5.0%

Updated

17 Oct, 2023

Data

Company Financials

Western Asset Municipal Partners Fund Inc.

NYSE:MNP Stock Report

Market Cap: US$102.8m

MNP Stock Overview

Western Asset Municipal Partners Fund Inc.

MNP fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends3/6

Western Asset Municipal Partners Fund Inc. Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Western Asset Municipal Partners Fund
Historical stock prices
Current Share PriceUS$10.58
52 Week HighUS$12.99
52 Week LowUS$10.35
Beta0.40
1 Month Change-4.17%
3 Month Change-11.02%
1 Year Change-5.03%
3 Year Change-25.88%
5 Year Change-21.04%
Change since IPO-30.62%

Recent News & Updates

Western Asset Municipal Partners Fund declares $0.0475 dividend

Nov 17

MNP: Attractively Valued For Tax-Free Income

Nov 16

Recent updates

Western Asset Municipal Partners Fund declares $0.0475 dividend

Nov 17

MNP: Attractively Valued For Tax-Free Income

Nov 16

Shareholder Returns

MNPUS Capital MarketsUS Market
7D-0.6%0.8%1.1%
1Y-5.0%32.2%31.2%

Return vs Industry: MNP underperformed the US Capital Markets industry which returned 8% over the past year.

Return vs Market: MNP underperformed the US Market which returned 14.1% over the past year.

Price Volatility

Is MNP's price volatile compared to industry and market?
MNP volatility
MNP Average Weekly Movement1.2%
Capital Markets Industry Average Movement3.4%
Market Average Movement6.1%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

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

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

About the Company

FoundedEmployeesCEOWebsite
1993n/aKen Fullerhttps://www.leggmason.com/en-us/products/closed-end-funds/western-asset-municipal-partners-fund-inc.html

Western Asset Municipal Partners 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 fixed income markets of the United States.

Western Asset Municipal Partners Fund Inc. Fundamentals Summary

How do Western Asset Municipal Partners Fund's earnings and revenue compare to its market cap?
MNP fundamental statistics
Market capUS$102.83m
Earnings (TTM)-US$3.78m
Revenue (TTM)US$8.47m

12.1x

P/S Ratio

-27.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MNP income statement (TTM)
RevenueUS$8.47m
Cost of RevenueUS$0
Gross ProfitUS$8.47m
Other ExpensesUS$12.24m
Earnings-US$3.78m

Last Reported Earnings

May 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.39
Gross Margin100.00%
Net Profit Margin-44.65%
Debt/Equity Ratio48.3%

How did MNP perform over the long term?

See historical performance and comparison

Dividends

4.9%

Current Dividend Yield

-140%

Payout Ratio

Does MNP pay a reliable dividends?

See MNP dividend history and benchmarks
When do you need to buy MNP by to receive an upcoming dividend?
Western Asset Municipal Partners Fund dividend dates
Ex Dividend DateOct 23 2023
Dividend Pay DateNov 01 2023
Days until Ex dividend144 days
Days until Dividend pay date135 days

Does MNP pay a reliable dividends?

See MNP dividend history and benchmarks
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