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Western Asset Municipal Partners Fd (Western Asset Municipal Partners Fd) Pretax Margin % : 66.03% (As of May. 2023)


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What is Western Asset Municipal Partners Fd Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Western Asset Municipal Partners Fd's Pre-Tax Income for the six months ended in May. 2023 was $3.17 Mil. Western Asset Municipal Partners Fd's Revenue for the six months ended in May. 2023 was $4.80 Mil. Therefore, Western Asset Municipal Partners Fd's pretax margin for the quarter that ended in May. 2023 was 66.03%.

The historical rank and industry rank for Western Asset Municipal Partners Fd's Pretax Margin % or its related term are showing as below:

MNP' s Pretax Margin % Range Over the Past 10 Years
Min: 10.94   Med: 88.71   Max: 579.89
Current: 579.89


MNP's Pretax Margin % is not ranked
in the Asset Management industry.
Industry Median: 89.825 vs MNP: 579.89

Western Asset Municipal Partners Fd Pretax Margin % Historical Data

The historical data trend for Western Asset Municipal Partners Fd's Pretax 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 Municipal Partners Fd Pretax Margin % Chart

Western Asset Municipal Partners Fd Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Pretax Margin %
Get a 7-Day Free Trial 10.94 88.92 81.60 89.17 106.69

Western Asset Municipal Partners Fd Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 93.62 67.60 103.12 119.90 66.03

Competitive Comparison of Western Asset Municipal Partners Fd's Pretax Margin %

For the Asset Management subindustry, Western Asset Municipal Partners Fd's Pretax Margin %, along with its competitors' market caps and Pretax 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 Municipal Partners Fd's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Municipal Partners Fd's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Western Asset Municipal Partners Fd's Pretax Margin % falls into.



Western Asset Municipal Partners Fd Pretax Margin % Calculation

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

Western Asset Municipal Partners Fd's Pretax Margin for the fiscal year that ended in Nov. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Nov. 2022 )/Revenue (A: Nov. 2022 )
=-26.834/-25.151
=106.69 %

Western Asset Municipal Partners Fd's Pretax Margin for the quarter that ended in May. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: May. 2023 )/Revenue (Q: May. 2023 )
=3.169/4.799
=66.03 %

* 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 Municipal Partners Fd  (NYSE:MNP) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Western Asset Municipal Partners Fd Pretax Margin % Related Terms

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Western Asset Municipal Partners Fd (Western Asset Municipal Partners Fd) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
Western Asset Municipal Partners Fd Inc is a diversified, closed-end management investment company. The fund's primary investment objective is to seek a high level of current income. It uses a variety of derivative instruments as part of its investment strategy, or for hedging or risk management purposes.
Executives
Stanley Morgan 10 percent owner 1585 BROADWAY, NEW YORK NY 10036
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Group Ag Ubs 10 percent owner BAHNHOFSTRASSE 45, ZURICH V8 CH-8001
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
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Matthew Nicholls 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