Western Asset Managed Municipals Fund, Inc. (NYSE:MMU) is expected to pay $0.07 on Nov 25, 2016. The indicated annual dividend is $0.85. Shareholders owning the stock before Nov 16, 2016 will be eligible to receive the payout. Based on Western Asset Managed Municipals Fund, Inc.’s current price of $13.15, the dividend is 0.49%. This dividend’s record date is Nov 18, 2016 and the announcement date is Aug 22, 2016. The stock decreased 2.45% or $0.33 on November 14, hitting $13.15. Western Asset Managed Municipals Fnd Inc (NYSE:MMU) has declined 12.86% since April 13, 2016 and is downtrending. It has underperformed by 16.78% the S&P500.
Western Asset Managed Municipals Fund Inc. is a non-diversified, closed-end management investment company. The company has a market cap of $551.46 million. The Fund seeks to maximize current income exempt from federal income tax as is consistent with preservation of principal. It currently has negative earnings. 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 .
Insitutional Activity: The institutional sentiment decreased to 0.85 in 2016 Q2. Its down 0.33, from 1.18 in 2016Q1. The ratio fall, as 7 funds sold all Western Asset Managed Municipals Fnd Inc shares owned while 13 reduced positions. 4 funds bought stakes while 13 increased positions. They now own 4.89 million shares or 0.44% more from 4.87 million shares in 2016Q1.
Creative Planning holds 0% or 6,154 shares in its portfolio. Bancorporation Of Montreal Can last reported 0% of its portfolio in the stock. Clearbridge reported 112 shares or 0% of all its holdings. Hightower Advisors Ltd Liability Corp reported 179,831 shares or 0.03% of all its holdings. Ent Fin accumulated 0.09% or 9,800 shares. Pnc Financial Svcs has invested 0% of its portfolio in Western Asset Managed Municipals Fnd Inc (NYSE:MMU). Paragon Ltd holds 62,975 shares or 0.52% of its portfolio. Walter Keenan Finance Consulting Mi Adv reported 35,400 shares or 0.3% of all its holdings. Invesco Ltd reported 380,089 shares or 0% of all its holdings. Oppenheimer And Communications accumulated 20,372 shares or 0.01% of the stock. Private Advisor Group Limited Liability Company holds 0.01% of its portfolio in Western Asset Managed Municipals Fnd Inc (NYSE:MMU) for 22,379 shares. Stratos Wealth Prtn reported 61,958 shares or 0.07% of all its holdings. Cap Advsr Limited has 0.08% invested in the company for 10,753 shares. Moreover, Citigroup has 0% invested in Western Asset Managed Municipals Fnd Inc (NYSE:MMU) for 4,000 shares. Smith Moore And Com accumulated 19,786 shares or 0.12% of the stock.
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