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Western Asset Managed Municipals Fund Inc.

corporate_fare Company Profile

Western Asset Managed Municipals Fund Inc.

MMU·NYSE·Unknown·CIK 0000886043

Western Asset Managed Municipals Fund Inc. is a closed-ended fixed income mutual fund. The fund is managed by Legg Mason Partners Fund Advisor, LLC, with co-management provided by Western Asset Management Company. It focuses its investments within the fixed income markets of the United States. The primary objective of the fund is to invest in securities that generate income exempt from federal income tax. Its portfolio is primarily composed of investment grade municipal securities. The fund utilizes intensive proprietary research in the construction of its portfolio. For performance comparison, the fund benchmarks its portfolio against the Barclays Capital Municipal Bond Index. Western Asset Managed Municipals Fund Inc. was established on June 26, 1992, and is domiciled in the United States.

Western Asset Managed Municipals Fund Inc. (NYSE:MMU) is a publicly traded company in the Unknown sector. Wiseek has independently scored 2 items for MMU at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-09-22, rated 7/10. Across its 2 most recent items scored 7 or higher, the top rating is 7/10. Recent SEC coverage for MMU spans 424B3.

Recent high-impact activity:

  • MMU to Acquire SBI in Tax-Free Merger; Combined Fund to Reach $718M in Net Assets
  • Western Asset Muni Funds MMU and SBI Boards Approve Merger Plan

Short Interest & Short Volume

1.00 days to cover

FINRA reported short interest of 38,425 shares in MMU as of the September 15, 2026 settlement, a 30.4% decrease from the prior period — about 1.0 days to cover at its recent average daily volume. On October 2, 2026, 23.5% of MMU volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)38,425 shares as of September 15, 2026
Change vs prior period▼ 30.4%
Days to cover1.00 at avg daily volume of 194,574
Daily short volume (FINRA facilities)23.5% of 261,334 shares on October 2, 2026
5-day average short volume29.4%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

Dilution Risk

Low risk

Filing-implied dilution signals for MMU, detected from its recent SEC filings · based on capital-structure filings through 2026-09-22.

1 recent capital raise

Merger Approved by Both Boards · Combined Fund Size

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

$9.03
52-week range · as of 2026-09-22 $9.03 – $10.71
Market cap
$493.21M
Volume
419.3K (1.9× avg)
3-mo avg 225K
Live data · 2026-10-03 14:57 UTC · Market closed

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feed MMU - Latest Insights

MMU
Sep 22, 2026, 2:42 PM EDT
Filing Type: 424B3
Importance Score:
7
Price at Filing: $9.40
Real-time Price: $9.03 info
Change: -$0.365 (-4%) info
Market Cap: $493.208M info
MMU
Jul 31, 2026, 9:18 AM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $10.07
Real-time Price: $9.03 info
Change: -$1.04 (-10%) info
Market Cap: $493.208M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets