Western Asset Managed Municipals Portfolios Q4 2024 Commentary
Source: SeekingAlpha
2025-02-06 04:15:00 ET
Summary
- With interest rates rising sharply, the US fixed income market generated weak results during the fourth quarter and posted a modest gain for the year.
- Issue selection within multiple sectors, specifically in Leasing, Transportation, and Water & Sewer, was beneficial.
- Muni fundamentals have remained resilient, supported by elevated tax collections.
Performance Data
Average Annual Total Returns (USD %)
3 Mths | YTD | 1 Year | 3 Year | 5 Year | 10 Year | 20 Year | Since Inception (05/31/1994) | |
Western Asset Managed Municipals Portfolios - Pure GROSS | -1.30 | 1.65 | 1.65 | -0.18 | 1.35 | 2.49 | 4.09 | 5.06 |
Western Asset Managed Municipals Portfolios - NET | -1.66 | 0.14 | 0.14 | -1.66 | -0.15 | 0.98 | 2.55 | 3.51 |
Bloomberg Municipal Bond Index | -1.22 | 1.05 | 1.05 | -0.55 | 0.99 | 2.25 | 3.49 | 4.53 |
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Western Asset Managed Municipals Portfolios Q4 2024 Commentary
Western Asset Managed Municipals Fund Inc.
NASDAQ: MMU
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MMU Latest News
February 23, 2026 08:00:00 am
Franklin Templeton Announces Distributions for Certain Closed-End Funds for the Months of March, April and May 2026
November 20, 2025 08:00:00 am
Franklin Templeton Fund Adviser, LLC Announces Distributions for the Months of December 2025, January and February 2026
October 27, 2025 08:00:00 am
Western Asset Managed Municipals Fund Inc. Announces Financial Position as of August 31, 2025
October 21, 2025 08:00:00 am
Western Asset Managed Municipals Fund Inc. Announces Results of Annual Meeting of Stockholders
