WESTERN ASSET MANAGED MUNICIPALS FUND INC. (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. The fund invests in securities that provide income exempt from federal income tax. It invests primarily in investment grade municipal securities. The fund employs intensive proprietary research to create its portfolio. It benchmarks the performance of its portfolio against the Barclays Capital Municipal Bond Index. The fund was formerly known as Managed Municipals Portfolio Inc. Western Asset Managed Municipals Fund Inc. was formed on June 26, 1992 and is domiciled in the United States.
Industry: Asset Management
Western Asset Managed Municipals Fund Inc.
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
based on 54.34M shares outstanding
USThe Western Asset Managed Municipals Fund Inc. operates as a closed-end mutual fund with a focus on fixed-income securities. Legg Mason Partners Fund Advisor, LLC is responsible for its initial launch and ongoing management, while Western Asset Management Company acts as a co-manager. The fund's investment strategy targets the U.S. fixed-income markets, primarily seeking securities that offer income exempt from federal taxation.
Its portfolio predominantly comprises investment-grade municipal bonds, which are selected using a thorough, proprietary research methodology. The fund's performance is measured against the Barclays Capital Municipal Bond Index. Formerly named Managed Municipals Portfolio Inc., this U.S.-domiciled fund was established on June 26, 1992.
Leadership
Christopher Berarducci
Treasurer and Principal Financial Officer
Eileen A. Kamerick
Chair
Fred Jensen
Chief Compliance Officer
Hillary A. Sale
Director
Employees
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Country
US
Sector
Financial Services
Website
individualinvestor.myleggmason.com
| Insider | Title | Type | Shares | Value | Date |
|---|---|---|---|---|---|
 GRILLO ANTHONY | Director | Purchase | 1.0K | $9.9K | May 27, 2025 |
 CRONIN DANIEL P | Director | Sale | 1.9K | $20.1K | Jan 29, 2025 |
| CRONIN DANIEL P | Director | Sale | 2.7K | $27.7K | Jan 2, 2025 |
| CRONIN DANIEL P | Director | Sale | 4.3K | $45.7K | Dec 6, 2024 |
| Name | Shares | % | Source |
|---|---|---|---|
MORGAN STANLEY | 4.4M | 8.2% | 13F |
RIVERNORTH CAPITAL MANAGEMENT, LLC | 1.8M | 3.2% | 13F |
BANK OF AMERICA CORP /DE/ | 1.7M | 3.1% | 13F |
RAYMOND JAMES FINANCIAL INC | 1.4M | 2.5% | 13F |
GUGGENHEIM CAPITAL LLC | 1.2M | 2.2% | 13F |
1607 Capital Partners, LLC | 851.9K | 1.6% | 13F |
Advisors Asset Management, Inc. | 810.3K | 1.5% | 13F |
Hennion & Walsh Asset Management, Inc. | 768.1K | 1.4% | 13F |
ROBINSON CAPITAL MANAGEMENT, LLC | 716.6K | 1.3% | 13F |
Allianz Asset Management GmbH | 544.8K | 1.0% | 13F |
Insiders
- GRILLO ANTHONYDirector
- CRONIN DANIEL PDirector
Top institutional holders
based on 54.34M shares outstanding
US30d Avg
443.51K
60d Avg
321.50K
90d Avg
248.61K