USA - NYSE:MMU - US95766M1053
The current stock price of MMU is 10.4 USD. In the past month the price increased by 0.78%. In the past year, price increased by 0.29%.
Western Asset Managed Municipals Fund Inc is a US-based company operating in industry. The company is headquartered in New York City, New York. Western Asset Managed Municipals Fund Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek as high a level of current income exempt from federal income tax as consistent with preservation of capital. When pursuing its investment objective, the Fund seeks to maximize current income exempt from federal income tax as consistent with preservation of principal. The Fund 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. Under normal market conditions, the Fund will invest at least 80% of its total assets in municipal obligations rated investment grade at the time of investment. The Fund invests in a range of sectors, including health care, power, leasing, education, housing, and others. Legg Mason Partners Fund Advisor, LLC. is the investment manager of the Fund.
The current stock price of MMU is 10.4 USD. The price decreased by -0.29% in the last trading session.
MMU has a ChartMill Technical rating of 7 out of 10 and a ChartMill Fundamental rating of 1 out of 10.
ChartMill assigns a technical rating of 7 / 10 to MMU. When comparing the yearly performance of all stocks, MMU turns out to be only a medium performer in the overall market: it outperformed 42.76% of all stocks.