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Western Asset Managed Municipals Fd (Western Asset Managed Municipals Fd) Net Margin % : 70.91% (As of Nov. 2023)


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What is Western Asset Managed Municipals Fd Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Western Asset Managed Municipals Fd's Net Income for the six months ended in Nov. 2023 was $14.43 Mil. Western Asset Managed Municipals Fd's Revenue for the six months ended in Nov. 2023 was $20.35 Mil. Therefore, Western Asset Managed Municipals Fd's net margin for the quarter that ended in Nov. 2023 was 70.91%.

The historical rank and industry rank for Western Asset Managed Municipals Fd's Net Margin % or its related term are showing as below:

MMU' s Net Margin % Range Over the Past 10 Years
Min: -314.01   Med: 91.31   Max: 444.12
Current: 71.42


MMU's Net Margin % is ranked worse than
58.17% of 1671 companies
in the Asset Management industry
Industry Median: 86.28 vs MMU: 71.42

Western Asset Managed Municipals Fd Net Margin % Historical Data

The historical data trend for Western Asset Managed Municipals Fd's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Western Asset Managed Municipals Fd Net Margin % Chart

Western Asset Managed Municipals Fd Annual Data
Trend May18 May19 May20 May21 May22 May23
Net Margin %
Get a 7-Day Free Trial 86.79 -314.01 95.83 105.29 444.12

Western Asset Managed Municipals Fd Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 74.26 102.68 115.96 72.01 70.91

Competitive Comparison of Western Asset Managed Municipals Fd's Net Margin %

For the Asset Management subindustry, Western Asset Managed Municipals Fd's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Western Asset Managed Municipals Fd's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Managed Municipals Fd's Net Margin % distribution charts can be found below:

* The bar in red indicates where Western Asset Managed Municipals Fd's Net Margin % falls into.



Western Asset Managed Municipals Fd Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Western Asset Managed Municipals Fd's Net Margin for the fiscal year that ended in May. 2023 is calculated as

Net Margin=Net Income (A: May. 2023 )/Revenue (A: May. 2023 )
=-10.348/-2.33
=444.12 %

Western Asset Managed Municipals Fd's Net Margin for the quarter that ended in Nov. 2023 is calculated as

Net Margin=Net Income (Q: Nov. 2023 )/Revenue (Q: Nov. 2023 )
=14.429/20.347
=70.91 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Western Asset Managed Municipals Fd  (NYSE:MMU) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Western Asset Managed Municipals Fd Net Margin % Related Terms

Thank you for viewing the detailed overview of Western Asset Managed Municipals Fd's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Asset Managed Municipals Fd (Western Asset Managed Municipals Fd) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
Western Asset Managed Municipals Fd Inc is a non-diversified, closed-end management investment company. The fund seeks to maximize current income exempt from federal income tax as is consistent with preservation of principal. Its product includes Mutual Funds, Exchange-traded funds, Money Market Funds, Variable Investments, and others. The company serves individual and institutional investors.
Executives
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Brian Eakes other: Manager/Investment Manager 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Matthew Nicholls other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Sub-Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Fred Steven Jensen officer: Chief Compliance Officer LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Robert D Agdern director C/O LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Nisha Kumar director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Jennifer S Berg officer: Treasurer 100 INTERNATIONAL DRIVE, 7TH FLOOR, BALTIMORE MD 21202
William R Hutchinson director 535 N MICHIGAN STE 1012, CHICAGO IL 60611