MMU (Western Asset Managed Municipals Fd) Effective Interest Rate on Debt %: 3.12% (As of Nov. 2025)


MMU Western Asset Managed Municipals Fd Inc MMU
32 GF Score
Price $10.33
! 5 Warning Signs
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What is Western Asset Managed Municipals Fd Effective Interest Rate on Debt %?

Western Asset Managed Municipals Fd MMU -0.29% 32 Effective Interest Rate on Debt % is 3.12% as of Nov. 2025. GuruFocus rates MMU with a GF Score™ of 32/100. The stock has 5 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Western Asset Managed Municipals Fd's annualized positive value of Interest Expense for the quarter that ended in Nov. 2025 was $0.44 Mil. Western Asset Managed Municipals Fd's average total debt for the quarter that ended in Nov. 2025 was $13.96 Mil. Therefore, Western Asset Managed Municipals Fd's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2025 was 3.12%.


Western Asset Managed Municipals Fd  (NYSE:MMU) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Western Asset Managed Municipals Fd Effective Interest Rate on Debt % Related Terms


Western Asset Managed Municipals Fd Effective Interest Rate on Debt % Historical Data

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The historical data trend for Western Asset Managed Municipals Fd's Effective Interest Rate on Debt % 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.

Western Asset Managed Municipals Fd Effective Interest Rate on Debt % Chart

Western Asset Managed Municipals Fd Annual Data
Trend May18 May19 May20 May21 May22 May23 May24 May25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 0.30 0.77 2.27 4.43 3.68

Western Asset Managed Municipals Fd Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.82 4.11 4.02 1.79 3.12

MMU vs GUT, AVK, CHW: Effective Interest Rate on Debt % Comparison

For the Asset Management subindustry, Western Asset Managed Municipals Fd's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Managed Municipals Fd's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Western Asset Managed Municipals Fd's Effective Interest Rate on Debt % falls into.


MMU
32GF Score
Western Asset Managed Municipals Fd Inc MMU
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Asset Managed Municipals Fd Effective Interest Rate on Debt % Calculation

Western Asset Managed Municipals Fd's annualized Effective Interest Rate on Debt % for the fiscal year that ended in May. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: May. 2024 )+Total Debt  (A: May. 2025 ))/ count )
=-1  *  -0.514/( (13.955+13.955)/ 2 )
=-1  *  -0.514/13.955
=3.68 %

where

Total Debt  (A: May. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.955 + 0
=13.955

Total Debt  (A: May. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.955 + 0
=13.955

Western Asset Managed Municipals Fd's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: May. 2025 )+Total Debt  (Q: Nov. 2025 ))/ count )
=-1  *  -0.436/( (13.955+13.955)/ 2 )
=-1  *  -0.436/13.955
=3.12 %

where

Total Debt  (Q: May. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.955 + 0
=13.955

Total Debt  (Q: Nov. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.955 + 0
=13.955

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is two times the semi-annual (Nov. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 3.12% mean?
Western Asset Managed Municipals Fd (MMU) has a Effective Interest Rate on Debt % of 3.12% as of Nov. 2025. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Western Asset Managed Municipals Fd and its competitors.
Is Western Asset Managed Municipals Fd's Effective Interest Rate on Debt % too high?
Western Asset Managed Municipals Fd's current Effective Interest Rate on Debt % is 3.12%. 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 Effective Interest Rate on Debt % compare to GUT and AVK?
Western Asset Managed Municipals Fd's Effective Interest Rate on Debt % of 3.12% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for an Asset Management company?
A good Effective Interest Rate on Debt % depends on the Asset Management industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Western Asset Managed Municipals Fd and its competitors. Western Asset Managed Municipals Fd's current Effective Interest Rate on Debt % is 3.12%. 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 Effective Interest Rate on Debt % of 3.12%. The current Effective Interest Rate on Debt % is 3.12%. 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 Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Western Asset Managed Municipals Fd (MMU), the current Effective Interest Rate on Debt % is 3.12% 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

Address One Madison Avenue, 17th Floor, New York, NY, USA, 10010
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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