News articles about Western Asset Managed Municipals Fund (NYSE:MMU) have been trending very positive recently, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Western Asset Managed Municipals Fund earned a news impact score of 0.69 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 47.1171503418151 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Western Asset Managed Municipals Fund (NYSE:MMU) opened at $14.29 on Friday. Western Asset Managed Municipals Fund has a 1 year low of $13.04 and a 1 year high of $14.51.
The firm also recently declared a monthly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 22nd will be given a $0.063 dividend. The ex-dividend date is Thursday, December 21st. This represents a $0.76 annualized dividend and a yield of 5.29%.
Western Asset Managed Municipals Fund Inc is a non-diversified, closed-end management investment company. The Fund seeks to maximize current income exempt from federal income tax as is consistent with preservation of principal. It seeks to achieve its objective by investing primarily in long-term investment grade municipal debt securities issued by state and local governments, political subdivisions, agencies and public authorities (municipal obligations).
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