Western Asset Managed Municipals Fund : Legg Mason Municipal Closed-End Funds as of January 31, 2022
February 25, 2022 at 01:39 pm EST
Share
Legg Mason Municipal Closed-End Funds
As of January 31, 2022
Estimated Source of Current Distribution*
3-Month Average
Current
Earnings per
UNII
3-Month Average
Leverage
Month
Investment
Realized
Return of
Earnings/Current
Through
Ticker
Fund Name
Distribution
Income
Capital Gains
Capital
Share1
per Share2
Distribution Ratio
ARPS/VRDPS3
SBI
Western Asset Intermediate Muni Fund Inc.
$0.0235
100%
0%
0%
$
0.0225
†
$
0.0261
†
95.7%
25.3%
MMU
Western Asset Managed Municipals Fund Inc.
$0.0405
94%
0%
6%
$
0.0378
†
$
(0.0172) †
93.3%
29.6%
MHF
Western Asset Municipal High Income Fund Inc.
$0.0198
97%
0%
3%
$
0.0195
†
$
(0.0101)
†
98.5%
N/A
MNP
Western Asset Municipal Partners Fund Inc.
$0.0475
100%
0%
0%
$
0.0463
$
0.0411
97.5%
35.1%
Represents the average monthly net investment income per share over the past three months.
Represents an estimate of the average undistributed net investment income balance over the past three months.
As a percentage of managed assets (net assets plus the liquidation value of the Auction Rate Preferred Securities ("ARPS") and Variable Rate Preferred Shares ("VRDPS")) as of the date indicated above.
† Includes the deduction of preferred dividends paid from net investment income.
* These estimates are not for tax purposes and a Form-1099 will be issued subsequent to the calendar year end.
All investments are subject to risks, including the possible loss of principal. The Fund's investments are subject to credit risk, inflation risk, and interest rate risk. As interest rates rise, bond prices fall, reducing the value of the Fund's share price. Certain investors may be subject to the federal Alternative Minimum Tax (AMT), and state and local taxes may apply. Distributions are not guaranteed and are subject to change.
Distributions may be paid from investment income, realized capital gains, return of capital or a combination thereof. The distribution amount is subject to change and is not a quotation of Fund performance. For more information about a distribution's composition refer to the Fund's distribution press release or, if applicable, the Section 19 notice located in the press release section of our website, www.franklintempleton.com.This document is provided for informational purposes only. For more information, including current performance to most current month end, please visit www.franklintempleton.com or call 1-888-777-0102.
Legg Mason Partners Fund Advisor, LLC, is an indirect, wholly-owned subsidiary of Franklin Resources, Inc. ("Franklin Resources").
The Funds are not sold or distributed by Franklin Distributors, LLC ("Franklin Distributors") or any affiliate of Franklin Resources. Shares of the Funds are bought and sold through nonaffiliated broker/dealers and trade on nationally recognized stock exchanges.
Western Asset Managed Municipals Fund Inc. published this content on 25 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 February 2022 18:38:08 UTC.
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 is consistent with preservation of capital. When pursuing its investment objective, the Fund seeks to maximize current income exempt from federal income tax as is 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.
WESTERN ASSET MANAGED MUNICIPALS FUND INC. 
