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What is Western Asset Managed Municipals Fd Debt-to-Equity?
Western Asset Managed Municipals FdMMU -0.40%32 Debt-to-Equity is 0.02 as of Nov. 2025, which is at its 10-year median of 0.02. GuruFocus rates MMU with a GF Score™ of 32/100. The stock has 5 warning signs investors should review. Among 962 Asset Management companies, Western Asset Managed Municipals Fd ranks better than 92.41% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
MMU'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.03
Current: 0.02
During the past 8 years, the highest Debt-to-Equity Ratio of Western Asset Managed Municipals Fd was 0.03. The lowest was 0.01. And the median was 0.02.
MMU's Debt-to-Equity is ranked better than 92.41% of 962
companies
in the Asset Management industry
Industry Median: 0.21
vs MMU: 0.02
Western Asset Managed Municipals Fd (NYSE:MMU) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Western Asset Managed Municipals Fd Debt-to-Equity Related Terms
Western Asset Managed Municipals Fd Debt-to-Equity Historical Data
* 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 Debt-to-Equity Chart
For the Asset Management subindustry, Western Asset Managed Municipals Fd's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Western Asset Managed Municipals Fd's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Western Asset Managed Municipals Fd's Debt-to-Equity falls into.
* 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 (MMU) has a Debt-to-Equity of 0.02 as of Nov. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Western Asset Managed Municipals Fd and its competitors. This is near median its historical median of 0.02. Over the past decade, Western Asset Managed Municipals Fd's Debt-to-Equity has ranged from 0.01 to 0.03. According to the industry distribution chart, Western Asset Managed Municipals Fd ranks #73 out of 962 companies in the Asset Management industry, placing it in the top 7.6%.
Is Western Asset Managed Municipals Fd's Debt-to-Equity too high?
Western Asset Managed Municipals Fd's current Debt-to-Equity of 0.02 is near median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.03. The Asset Management industry median Debt-to-Equity is 0.21. Western Asset Managed Municipals Fd's value of 0.02 is 90.5% below this industry median. Based on the distribution chart, Western Asset Managed Municipals Fd ranks #73 out of 962 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Western Asset Managed Municipals Fd has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Western Asset Managed Municipals Fd's Debt-to-Equity compare to GUT and AVK?
According to the Asset Management industry distribution chart, Western Asset Managed Municipals Fd ranks #73 out of 962 companies for Debt-to-Equity. This places Western Asset Managed Municipals Fd in the top 8% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.21. Western Asset Managed Municipals Fd's value of 0.02 is 90.5% below this benchmark. Historically, Western Asset Managed Municipals Fd's own Debt-to-Equity has ranged from 0.01 to 0.03 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 0.21, Western Asset Managed Municipals Fd has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 962 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Asset Managed Municipals Fd's current Debt-to-Equity of 0.02 is 90.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Western Asset Managed Municipals Fd and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Asset Managed Municipals Fd's current Debt-to-Equity is 0.02, which is near median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Asset Managed Municipals Fd stock overvalued right now?
Western Asset Managed Municipals Fd (MMU) has a current Debt-to-Equity of 0.02. The current Debt-to-Equity is 0.02, which is near median its 10-year median of 0.02 and 90.5% below the Asset Management industry median of 0.21. Western Asset Managed Municipals Fd's overall GF Score™ is 32/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Western Asset Managed Municipals Fd (MMU), the current Debt-to-Equity is 0.02 as of Nov. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Western Asset Managed Municipals Fd Business Description
Western Asset Managed Municipals Fd Inc is a non-diversified, closed-end management investment company. Its investment objective is to maximize current income exempted from federal income tax as is consistent with the preservation of principal. The fund predominantly invests in long-term investment grade municipal debt securities issued by state and local governments, political subdivisions, agencies, and public authorities (municipal obligations).
32GF Score
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