Positive Press Coverage Somewhat Unlikely to Affect Western Asset Managed Municipals Fnd (MMU) Share Price

News articles about Western Asset Managed Municipals Fnd (NYSE:MMU) have trended positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Western Asset Managed Municipals Fnd earned a daily sentiment score of 0.47 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 46.1979204608864 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Shares of Western Asset Managed Municipals Fnd (MMU) opened at $14.09 on Wednesday. Western Asset Managed Municipals Fnd has a 1 year low of $13.35 and a 1 year high of $14.60.

The firm also recently declared a monthly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 22nd were given a dividend of $0.063 per share. The ex-dividend date was Thursday, December 21st. This represents a $0.76 annualized dividend and a dividend yield of 5.37%.

In other news, Director William R. Hutchinson sold 2,000 shares of the stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $14.25, for a total transaction of $28,500.00. The sale was disclosed in a legal filing with the SEC, which is available at this link.

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Western Asset Managed Municipals Fnd Company Profile

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).

Insider Buying and Selling by Quarter for Western Asset Managed Municipals Fnd (NYSE:MMU)

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