Western Asset Managed Municipals Fund
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-1.4%
1 yr return
1.1%
3 Yr Avg Return
-6.0%
5 Yr Avg Return
-3.4%
Net Assets
$529 M
Holdings in Top 10
15.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.31%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 16.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
XMMUX - Profile
Distributions
- YTD Total Return -1.4%
- 3 Yr Annualized Total Return -6.0%
- 5 Yr Annualized Total Return -3.4%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.85%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameWestern Asset Managed Municipals Fund
-
Fund Family NameFranklin Templeton Investments
-
Inception DateSep 26, 2001
-
Shares Outstanding43367851
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerDavid Fare
Fund Description
XMMUX - Performance
Return Ranking - Trailing
Period | XMMUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.4% | -4.5% | 38.3% | 97.92% |
1 Yr | 1.1% | -2.5% | 44.5% | 98.25% |
3 Yr | -6.0%* | -10.2% | 5.8% | 96.24% |
5 Yr | -3.4%* | -6.5% | 1104.9% | 96.00% |
10 Yr | 0.5%* | -0.9% | 249.0% | 93.51% |
* Annualized
Return Ranking - Calendar
Period | XMMUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.6% | -1.4% | 41.0% | 4.85% |
2022 | -19.2% | -39.7% | 0.3% | 95.77% |
2021 | 0.1% | -5.6% | 6.9% | 23.78% |
2020 | 1.4% | -2.6% | 310.0% | 66.32% |
2019 | 4.7% | 0.0% | 26.0% | 20.59% |
Total Return Ranking - Trailing
Period | XMMUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.4% | -4.5% | 38.3% | 97.92% |
1 Yr | 1.1% | -2.5% | 44.5% | 98.25% |
3 Yr | -6.0%* | -10.2% | 5.8% | 96.24% |
5 Yr | -3.4%* | -6.5% | 1104.9% | 96.00% |
10 Yr | 0.5%* | -0.9% | 249.0% | 93.51% |
* Annualized
Total Return Ranking - Calendar
Period | XMMUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.6% | -1.3% | 41.0% | 73.67% |
2022 | -19.2% | -39.7% | 1.1% | 95.84% |
2021 | 0.1% | -4.8% | 23761504.0% | 84.12% |
2020 | 1.4% | -1.5% | 17057.9% | 93.91% |
2019 | 7.4% | 0.2% | 3514.6% | 24.33% |
NAV & Total Return History
XMMUX - Holdings
Concentration Analysis
XMMUX | Category Low | Category High | XMMUX % Rank | |
---|---|---|---|---|
Net Assets | 529 M | 3.22 M | 71.9 B | 46.51% |
Number of Holdings | 375 | 4 | 13418 | 33.31% |
Net Assets in Top 10 | 118 M | -317 M | 3.09 B | 38.28% |
Weighting of Top 10 | 15.29% | 1.8% | 100.3% | 63.17% |
Top 10 Holdings
- PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.5% 2.06%
- NEW JERSEY ECONOMIC DEV AUTH REV 2.39% 1.97%
- LOVE FIELD ARPT MODERNIZATION CORP TEX SPL FACS REV 5.25% 1.68%
- CALIFORNIA POLLUTION CTL FING AUTH WTR FURNISHING REV 5% 1.66%
- DENVER COLO CITY & CNTY ARPT REV 6.12% 1.64%
- NEW YORK N Y 0.01% 1.58%
- DENVER COLO CITY & CNTY ARPT REV 6.125% 1.55%
- JEFFERSON CNTY ALA SWR REV 0% 1.52%
- LOWER ALA GAS DIST GAS PROJ REV 5% 1.46%
- SALT VERDE FINL CORP SR GAS REV ARIZ 5% 1.44%
Asset Allocation
Weighting | Return Low | Return High | XMMUX % Rank | |
---|---|---|---|---|
Bonds | 100.50% | 0.00% | 150.86% | 16.04% |
Stocks | 0.00% | 0.00% | 99.78% | 93.89% |
Preferred Stocks | 0.00% | 0.00% | 0.07% | 92.34% |
Other | 0.00% | -3.69% | 53.54% | 87.51% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 92.31% |
Cash | -0.50% | -50.86% | 44.62% | 98.93% |
Bond Sector Breakdown
Weighting | Return Low | Return High | XMMUX % Rank | |
---|---|---|---|---|
Municipal | 99.84% | 44.39% | 100.00% | 19.35% |
Cash & Equivalents | 0.16% | 0.00% | 44.41% | 49.56% |
Derivative | 0.00% | -3.69% | 53.54% | 87.11% |
Securitized | 0.00% | 0.00% | 5.93% | 92.25% |
Corporate | 0.00% | 0.00% | 9.41% | 92.72% |
Government | 0.00% | 0.00% | 52.02% | 92.58% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | XMMUX % Rank | |
---|---|---|---|---|
US | 96.78% | 0.00% | 142.23% | 79.05% |
Non US | 3.72% | 0.00% | 23.89% | 3.29% |
XMMUX - Expenses
Operational Fees
XMMUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.31% | 0.01% | 8.02% | 21.84% |
Management Fee | 0.55% | 0.00% | 1.20% | 95.70% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.10% | 0.01% | 0.44% | 45.13% |
Sales Fees
XMMUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 4.75% | N/A |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
XMMUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
XMMUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 16.00% | 0.00% | 283.00% | 46.34% |
XMMUX - Distributions
Dividend Yield Analysis
XMMUX | Category Low | Category High | XMMUX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 14.51% | 98.46% |
Dividend Distribution Analysis
XMMUX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
XMMUX | Category Low | Category High | XMMUX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.85% | -0.53% | 5.33% | 3.74% |
Capital Gain Distribution Analysis
XMMUX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 20, 2019 | $0.058 | OrdinaryDividend |
May 23, 2019 | $0.058 | OrdinaryDividend |
Apr 17, 2019 | $0.058 | OrdinaryDividend |
Mar 21, 2019 | $0.058 | OrdinaryDividend |
Feb 14, 2019 | $0.058 | OrdinaryDividend |
Jan 17, 2019 | $0.058 | OrdinaryDividend |
Dec 20, 2018 | $0.058 | OrdinaryDividend |
Nov 21, 2018 | $0.058 | OrdinaryDividend |
Oct 18, 2018 | $0.058 | OrdinaryDividend |
Sep 20, 2018 | $0.058 | OrdinaryDividend |
Aug 23, 2018 | $0.058 | OrdinaryDividend |
Jul 19, 2018 | $0.058 | OrdinaryDividend |
Jun 21, 2018 | $0.058 | OrdinaryDividend |
May 24, 2018 | $0.063 | OrdinaryDividend |
Apr 19, 2018 | $0.063 | OrdinaryDividend |
Mar 22, 2018 | $0.063 | OrdinaryDividend |
Feb 15, 2018 | $0.063 | OrdinaryDividend |
Jan 18, 2018 | $0.063 | OrdinaryDividend |
Dec 21, 2017 | $0.063 | OrdinaryDividend |
Nov 22, 2017 | $0.063 | OrdinaryDividend |
Oct 19, 2017 | $0.063 | OrdinaryDividend |
Sep 21, 2017 | $0.063 | OrdinaryDividend |
Aug 23, 2017 | $0.063 | OrdinaryDividend |
Jul 19, 2017 | $0.063 | OrdinaryDividend |
Jun 21, 2017 | $0.063 | OrdinaryDividend |
May 17, 2017 | $0.063 | OrdinaryDividend |
Apr 19, 2017 | $0.063 | OrdinaryDividend |
Mar 22, 2017 | $0.063 | OrdinaryDividend |
Feb 15, 2017 | $0.063 | OrdinaryDividend |
Jan 18, 2017 | $0.063 | OrdinaryDividend |
Dec 21, 2016 | $0.063 | OrdinaryDividend |
Nov 16, 2016 | $0.065 | OrdinaryDividend |
Oct 19, 2016 | $0.065 | OrdinaryDividend |
Sep 21, 2016 | $0.065 | OrdinaryDividend |
Aug 17, 2016 | $0.065 | OrdinaryDividend |
Jul 20, 2016 | $0.065 | OrdinaryDividend |
Jun 15, 2016 | $0.065 | OrdinaryDividend |
May 18, 2016 | $0.065 | OrdinaryDividend |
Apr 20, 2016 | $0.065 | OrdinaryDividend |
Mar 16, 2016 | $0.065 | OrdinaryDividend |
Feb 17, 2016 | $0.065 | OrdinaryDividend |
Jan 20, 2016 | $0.065 | OrdinaryDividend |
Dec 16, 2015 | $0.065 | OrdinaryDividend |
Nov 18, 2015 | $0.065 | OrdinaryDividend |
Oct 21, 2015 | $0.065 | OrdinaryDividend |
Sep 16, 2015 | $0.065 | OrdinaryDividend |
Aug 19, 2015 | $0.065 | OrdinaryDividend |
Jul 22, 2015 | $0.065 | OrdinaryDividend |
Jun 17, 2015 | $0.065 | OrdinaryDividend |
May 20, 2015 | $0.065 | OrdinaryDividend |
Apr 15, 2015 | $0.065 | OrdinaryDividend |
Mar 18, 2015 | $0.065 | OrdinaryDividend |
Feb 18, 2015 | $0.065 | OrdinaryDividend |
Jan 21, 2015 | $0.065 | OrdinaryDividend |
Dec 17, 2014 | $0.065 | OrdinaryDividend |
Nov 19, 2014 | $0.065 | OrdinaryDividend |
Oct 22, 2014 | $0.065 | OrdinaryDividend |
Sep 17, 2014 | $0.065 | OrdinaryDividend |
Aug 20, 2014 | $0.065 | OrdinaryDividend |
Jul 16, 2014 | $0.065 | OrdinaryDividend |
Jun 18, 2014 | $0.065 | OrdinaryDividend |
May 21, 2014 | $0.065 | OrdinaryDividend |
Apr 15, 2014 | $0.065 | OrdinaryDividend |
Mar 19, 2014 | $0.065 | OrdinaryDividend |
Feb 19, 2014 | $0.065 | OrdinaryDividend |
Jan 22, 2014 | $0.065 | OrdinaryDividend |
Dec 18, 2013 | $0.065 | OrdinaryDividend |
Nov 20, 2013 | $0.065 | OrdinaryDividend |
Oct 16, 2013 | $0.065 | OrdinaryDividend |
Sep 18, 2013 | $0.065 | OrdinaryDividend |
Aug 21, 2013 | $0.065 | OrdinaryDividend |
Jul 17, 2013 | $0.065 | OrdinaryDividend |
Jun 19, 2013 | $0.065 | OrdinaryDividend |
May 22, 2013 | $0.065 | OrdinaryDividend |
Apr 17, 2013 | $0.065 | OrdinaryDividend |
Mar 13, 2013 | $0.065 | OrdinaryDividend |
Feb 13, 2013 | $0.065 | OrdinaryDividend |
Jan 16, 2013 | $0.065 | OrdinaryDividend |
Dec 12, 2012 | $0.065 | OrdinaryDividend |
Nov 20, 2012 | $0.065 | OrdinaryDividend |
Oct 17, 2012 | $0.065 | OrdinaryDividend |
Sep 19, 2012 | $0.065 | OrdinaryDividend |
Aug 22, 2012 | $0.065 | OrdinaryDividend |
Jul 18, 2012 | $0.065 | OrdinaryDividend |
Jun 20, 2012 | $0.065 | OrdinaryDividend |
May 16, 2012 | $0.065 | OrdinaryDividend |
Apr 18, 2012 | $0.065 | OrdinaryDividend |
Mar 21, 2012 | $0.065 | OrdinaryDividend |
Feb 15, 2012 | $0.065 | OrdinaryDividend |
Jan 18, 2012 | $0.065 | OrdinaryDividend |
Dec 14, 2011 | $0.065 | OrdinaryDividend |
Nov 16, 2011 | $0.065 | OrdinaryDividend |
Oct 19, 2011 | $0.065 | OrdinaryDividend |
Sep 21, 2011 | $0.065 | OrdinaryDividend |
Aug 17, 2011 | $0.065 | OrdinaryDividend |
Jul 20, 2011 | $0.065 | OrdinaryDividend |
Jun 15, 2011 | $0.065 | OrdinaryDividend |
May 18, 2011 | $0.065 | OrdinaryDividend |
Apr 19, 2011 | $0.065 | OrdinaryDividend |
Mar 16, 2011 | $0.065 | OrdinaryDividend |
Feb 16, 2011 | $0.065 | OrdinaryDividend |
Jan 19, 2011 | $0.065 | OrdinaryDividend |
Dec 21, 2010 | $0.068 | OrdinaryDividend |
Nov 17, 2010 | $0.065 | OrdinaryDividend |
Oct 20, 2010 | $0.065 | OrdinaryDividend |
Sep 15, 2010 | $0.065 | OrdinaryDividend |
Aug 18, 2010 | $0.065 | OrdinaryDividend |
Jul 21, 2010 | $0.065 | OrdinaryDividend |
Jun 16, 2010 | $0.065 | OrdinaryDividend |
May 19, 2010 | $0.065 | OrdinaryDividend |
Apr 21, 2010 | $0.065 | OrdinaryDividend |
Mar 17, 2010 | $0.065 | OrdinaryDividend |
Feb 17, 2010 | $0.060 | OrdinaryDividend |
Jan 20, 2010 | $0.060 | OrdinaryDividend |
Dec 16, 2009 | $0.060 | OrdinaryDividend |
Nov 18, 2009 | $0.060 | OrdinaryDividend |
Oct 21, 2009 | $0.060 | OrdinaryDividend |
Sep 16, 2009 | $0.060 | OrdinaryDividend |
Aug 19, 2009 | $0.055 | OrdinaryDividend |
Jul 22, 2009 | $0.055 | OrdinaryDividend |
Jun 17, 2009 | $0.055 | OrdinaryDividend |
May 20, 2009 | $0.050 | OrdinaryDividend |
Apr 15, 2009 | $0.050 | OrdinaryDividend |
Mar 18, 2009 | $0.050 | OrdinaryDividend |
Feb 18, 2009 | $0.045 | OrdinaryDividend |
Jan 21, 2009 | $0.045 | OrdinaryDividend |
Dec 17, 2008 | $0.045 | OrdinaryDividend |
Nov 19, 2008 | $0.045 | OrdinaryDividend |
Oct 22, 2008 | $0.045 | OrdinaryDividend |
Sep 17, 2008 | $0.045 | OrdinaryDividend |
Aug 20, 2008 | $0.045 | OrdinaryDividend |
Jul 16, 2008 | $0.045 | OrdinaryDividend |
Jun 18, 2008 | $0.045 | OrdinaryDividend |
May 21, 2008 | $0.045 | OrdinaryDividend |
Apr 16, 2008 | $0.045 | OrdinaryDividend |
Mar 18, 2008 | $0.045 | OrdinaryDividend |
Feb 20, 2008 | $0.045 | OrdinaryDividend |
Jan 16, 2008 | $0.045 | OrdinaryDividend |
Dec 19, 2007 | $0.045 | OrdinaryDividend |
Nov 20, 2007 | $0.045 | OrdinaryDividend |
Oct 17, 2007 | $0.045 | OrdinaryDividend |
Sep 19, 2007 | $0.045 | OrdinaryDividend |
Aug 22, 2007 | $0.045 | OrdinaryDividend |
Jul 18, 2007 | $0.045 | OrdinaryDividend |
Jun 20, 2007 | $0.045 | OrdinaryDividend |
May 16, 2007 | $0.045 | OrdinaryDividend |
Apr 18, 2007 | $0.045 | OrdinaryDividend |
Mar 21, 2007 | $0.045 | OrdinaryDividend |
Feb 14, 2007 | $0.045 | OrdinaryDividend |
Jan 17, 2007 | $0.045 | OrdinaryDividend |
Dec 20, 2006 | $0.045 | OrdinaryDividend |
XMMUX - Fund Manager Analysis
Managers
David Fare
Start Date
Tenure
Tenure Rank
Jul 01, 2011
10.92
10.9%
David T. Fare is a Portfolio Manager at Western Asset. He has been with Western Asset since 2005.
Robert Amodeo
Start Date
Tenure
Tenure Rank
Jul 01, 2011
10.92
10.9%
– Western Asset Management Company, LLC – Head of Municipals, 2005- – Salomon Brothers Asset Management – Analyst to Managing Director, Portfolio Manager, 1992-2005 – Salomon Brothers Inc. – Accountant to Analyst, 1988-1992 – The Bank of New York – Accountant, 1987-1988 – Columbia University, M.P.A., Advanced Management and Finance – Long Island University, B.S. – Chartered Financial Analyst
S. Leech
Start Date
Tenure
Tenure Rank
Mar 31, 2014
8.17
8.2%
– Western Asset Management Company, LLC – Chief Investment Officer, 1990– – Greenwich Capital Markets – Portfolio Manager, 1988–1990 – The First Boston Corporation – Fixed Income Manager, 1980–1988 – National Bank of Detroit – Portfolio Manager, 1977–1980 – The Wharton School, University of Pennsylvania, M.B.A., B.S., B.A., summa cum laude, 1972–1976
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.36 | 1.58 |