Western Asset Managed Municipals Fund : Section 19 Notice - MMU (03/01/22)
February 27, 2022 at 07:02 pm EST
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Important Information Regarding Your Fund's Distribution
Western Asset Managed Municipals Fund Inc. (MMU; CUSIP: 95766M105)
March 1, 2022:
The Fund paid a regular monthly distribution of $0.04050 per common share on March 1, 2022. Based on the Fund's fiscal year-to-date activity and subject to revision, the Fund currently estimates that approximately $0.00576 per share of this distribution may be long term capital gains. The balance of the distribution is derived from undistributed net investment income.
This information is being provided pursuant to Section 19(a) of the Investment Company Act of 1940, as amended, and should not be used for tax reporting purposes. In early 2023, after definitive information is available, the Fund will send shareholders a Form 1099-DIV specifying how the distributions paid by the Fund during calendar year 2022 have been characterized for purposes of reporting the distributions on a shareholder's tax returns. The Funds will also post Form 8937 to the Franklin Templeton website† if all or any portion of the distributions are characterized as a tax return of capital after the close of the Funds" fiscal year-end.
620 Eighth Avenue, New York, NY 10018 Tel. 1-888-777-0102 www.franklintempleton.com
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Western Asset Managed Municipals Fund Inc. published this content on 01 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 February 2022 00:01:05 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. 
