MMU (Western Asset Managed Municipals Fd) Total Noninterest Expense: $11.37 Mil (As of Nov. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MMU Western Asset Managed Municipals Fd Inc MMU
32 GF Score
Price $10.38
! 5 Warning Signs
View Full Analysis

What is Western Asset Managed Municipals Fd Total Noninterest Expense?

Western Asset Managed Municipals Fd MMU -0.29% 32 Total Noninterest Expense is $11.37 Mil as of Nov. 2025. GuruFocus rates MMU with a GF Score™ of 32/100. The stock has 5 warning signs investors should review.

Western Asset Managed Municipals Fd's Total Noninterest Expense for the six months ended in Nov. 2025 was $5.46 Mil. Western Asset Managed Municipals Fd's Total Noninterest Expense for the trailing twelve months (TTM) ended in Nov. 2025 was $11.37 Mil.


Western Asset Managed Municipals Fd Total Noninterest Expense Related Terms


Western Asset Managed Municipals Fd Total Noninterest Expense Historical Data

* Premium members only.

The historical data trend for Western Asset Managed Municipals Fd's Total Noninterest Expense 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 Total Noninterest Expense Chart

Western Asset Managed Municipals Fd Annual Data
Trend May18 May19 May20 May21 May22 May23 May24 May25
Total Noninterest Expense
Get a 7-Day Free Trial 3.18 3.27 8.02 13.42 12.25

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
Total Noninterest Expense 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 5.92 7.50 6.33 5.91 5.46
MMU
32GF Score
Western Asset Managed Municipals Fd Inc MMU
Total Noninterest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Western Asset Managed Municipals Fd Total Noninterest Expense Calculation

Total Noninterest Expense is any expenses incurred that not related to interest. It includes:
Selling, General, & Admin. Expense
Occupancy
Equipment
Professional fees
Amortization of intangibles
Any other special income/charges (too numerous to list)
Some banks can do choose to report each of these items separately. Yet, there are a variety of noninterest expense which are simply too numerous to list.

Total Noninterest Expense for the trailing twelve months (TTM) ended in Nov. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $11.37 Mil.

* 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.

What does a Total Noninterest Expense of $11.37 Mil mean?
Western Asset Managed Municipals Fd (MMU) has a Total Noninterest Expense of $11.37 Mil as of Nov. 2025. Total noninterest expense is any expenses incurred that not related to interest. View historical data on Western Asset Managed Municipals Fd and its competitors.
Is Western Asset Managed Municipals Fd's Total Noninterest Expense too high?
Western Asset Managed Municipals Fd's current Total Noninterest Expense is $11.37 Mil. 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 Total Noninterest Expense compare to GUT and AVK?
Western Asset Managed Municipals Fd's Total Noninterest Expense of $11.37 Mil 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 Total Noninterest Expense for an Asset Management company?
A good Total Noninterest Expense depends on the Asset Management industry context. However, Total Noninterest Expense 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 Total Noninterest Expense mean?
A high Total Noninterest Expense can signal that a stock is expensive relative to its fundamentals. Total noninterest expense is any expenses incurred that not related to interest. View historical data on Western Asset Managed Municipals Fd and its competitors. Western Asset Managed Municipals Fd's current Total Noninterest Expense is $11.37 Mil. 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 Total Noninterest Expense of $11.37 Mil. The current Total Noninterest Expense is $11.37 Mil. 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 Total Noninterest Expense calculated?
Total Noninterest Expense is calculated from a company's financial statements. For Western Asset Managed Municipals Fd (MMU), the current Total Noninterest Expense is $11.37 Mil 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

Get the complete analysis for MMU

Total Noninterest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.38
Price