MMU Company Profile and Key Details

Western Asset Managed Municipals Fund (NYSE:MMU) closed at $9.63 USD, gaining $0.01 (0.10%) from the previous close of $9.62. The stock is currently trading near its 52-week low $9.59 and $10.71. With a market capitalization of about $525.98 million, Western Asset Managed Municipals Fund is classified as a small-cap and shows lower-than-market volatility (beta ~0.52). Key stats such as the average daily volume over the past year has been around 122.53 thousand shares, in line with its 52-week average. Headquartered in New York, NY, Western Asset Managed Municipals Fund operates in the Financial Services sector and the Asset Management industry. Led by CEO Jane Elizabeth Trust, the company employs approximately 0 people and listed since July 17, 1992. 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.

Short-term trend indicators are bearishly aligned (SMA20 0.23%, SMA50 1.2%, SMA200 4.16%). The stock’s 14-day RSI is 57.48 (neutral), while the ATR of 0.08 points to tighter daily ranges. The stock remains hovering near 52-week lows, trading -0.65% below its high and over 12.58% above its low. Average 10-day trading volume of 140.66 thousand shares is slightly above the 3-month average of 122.18 thousand, indicating heightened recent market interest.

Western Asset Managed Municipals Fund last paid a dividend of 0.65 per share, this equals a trailing yield of roughly 4.82%. Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around -$5.31. This means the shares are trading below this model’s fair value.

Our AI price prediction model suggests that Western Asset Managed Municipals Fund stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term.

currently trading near 52-week highs band. Valuation shows Western Asset Managed Municipals Fund trading at a premium to the broader market with a P/E of 10.13.

Western Asset Managed Municipals Fund trades at a P/E ratio of 10.13, slightly below the S&P 500 average, with a price-to-sales ratio of 14.73 and a price-to-book ratio of 0.88 suggesting the stock is closer to book value. The P/FCF stands at 51.88, also below market averages.