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MMU (Western Asset Managed Municipals Fd) 5-Year Yield-on-Cost % : 4.21 (As of Dec. 13, 2024)


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What is Western Asset Managed Municipals Fd 5-Year Yield-on-Cost %?

Western Asset Managed Municipals Fd's yield on cost for the quarter that ended in May. 2024 was 4.21.


The historical rank and industry rank for Western Asset Managed Municipals Fd's 5-Year Yield-on-Cost % or its related term are showing as below:

MMU' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.77   Med: 3.45   Max: 4.69
Current: 4.21


During the past 7 years, Western Asset Managed Municipals Fd's highest Yield on Cost was 4.69. The lowest was 2.77. And the median was 3.45.


MMU's 5-Year Yield-on-Cost % is ranked worse than
65.76% of 1180 companies
in the Asset Management industry
Industry Median: 5.745 vs MMU: 4.21

Competitive Comparison of Western Asset Managed Municipals Fd's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Western Asset Managed Municipals Fd's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Managed Municipals Fd's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Western Asset Managed Municipals Fd's 5-Year Yield-on-Cost % falls into.



Western Asset Managed Municipals Fd 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Western Asset Managed Municipals Fd is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Western Asset Managed Municipals Fd  (NYSE:MMU) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Western Asset Managed Municipals Fd 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Western Asset Managed Municipals Fd's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


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. Its investment objective is to maximize current income exempted from federal income tax as is consistent with the preservation of principal. It predominantly invests in long-term investment grade municipal debt securities issued by state and local governments, political subdivisions, agencies, and public authorities (municipal obligations). Under normal market conditions, a majority of its total assets are invested in municipal obligations rated investment grade at the time of investment.
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