NEW YORK--(BUSINESS WIRE)--April 22, 2026--
Western Asset Managed Municipals Fund Inc. $(MMU)$ today announced the financial position of the Fund as of February 28, 2026.
Current Q Previous Q Prior Yr Q
February 28, November 30, February 28,
2026 2025 2025
Total Assets (a) $901,478,652 $907,555,923 $923,517,765
Total Net Assets (a) $613,697,114 $606,078,374 $625,441,033
NAV Per Share of Common Stock (b) $ 11.24 $ 11.10 $ 11.45
Market Price Per Share $ 10.65 $ 10.35 $ 10.52
Premium / (Discount) (5.25)% (6.76)% (8.12)%
Outstanding Shares 54,618,848 54,618,848 54,618,848
Total Net Investment Income
(c)(d) $ 7,391,839 $ 7,342,208 $ 7,513,765
Total Net Realized/Unrealized
Gain/(Loss) (c) $ 10,855,696 $ 29,420,473 $(10,441,894)
Preferred Dividends Paid from Net
Investment Income (c) $ (1,698,613) $ (2,029,619) $ (2,028,297)
----------- ----------- -----------
Net Increase (Decrease) in Net
Assets From Operations (c) $ 16,548,922 $ 34,733,062 $ (4,956,426)
=========== =========== ===========
Earnings per Common Share
Outstanding
--------------------------------
Total Net Investment Income
(c)(d) $ 0.14 $ 0.13 $ 0.14
Total Net Realized/Unrealized
Gain/(Loss) (c) $ 0.20 $ 0.54 $ (0.19)
Preferred Dividends Paid from Net
Investment Income (c) $ (0.03) $ (0.04) $ (0.04)
----------- ----------- -----------
Net Increase (Decrease) in Net
Assets From Operations (c) $ 0.31 $ 0.63 $ (0.09)
=========== =========== ===========
Undistributed/(Overdistributed)
Net Investment Income (e) $(13,384,287) $(10,147,331) $(14,084,747)
Undistributed/(Overdistributed)
Net Investment Income
Per Share (e) $ (0.25) $ (0.19) $ (0.26)
Variable Rate Demand Preferred
Stock (e) $284,075,000 $284,075,000 $284,075,000
Footnotes:
1. The difference between the Fund's total assets and total net assets is
due primarily to its outstanding variable rate demand preferred stock
("VRDPS"); total net assets do not include the liquidation value of
VRDPS.
2. NAVs are calculated as of the close of business on the last business
day in the periods indicated above.
3. For the quarter indicated.
4. Excludes distributions paid to preferred stockholders from net
investment income.
5. As of the date indicated above.
This financial data is unaudited.
The Fund files its semi-annual and annual reports with the Securities and Exchange Commission ("SEC"), as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. These reports are available on the SEC's website at www.sec.gov. To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.
Western Asset Managed Municipals Fund Inc., a diversified, closed-end management investment company, is advised by Franklin Templeton Fund Advisor, LLC ("FTFA") and is sub-advised by Western Asset Management Company, LLC ("Western Asset"). FTFA and Western Asset are indirect, wholly-owned subsidiaries of Franklin Resources, Inc. ("Franklin Resources").
For more information about the Fund, please call 1-888-777-0102 or consult the Fund's web site at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Fund's complete audited financial statements are available free of charge upon request.
Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Fund.
Copyright (c) 2026. Franklin Templeton. All rights reserved.
Category: Financials
Source: Franklin Resources, Inc.
Source: Legg Mason Closed End Funds
View source version on businesswire.com: https://www.businesswire.com/news/home/20260422500842/en/
CONTACT:
Investor Contact: Fund Investor Services 1-888-777-0102
(END) Dow Jones Newswires
April 22, 2026 08:00 ET (12:00 GMT)