MMU Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: December 15, 2025
Report Source: 2025 Annual Report
Western Asset Managed Municipals Fund Inc. Stock Analysis MMU
Western Asset Managed Municipals Fund Inc is a US-based company operating in industry. The company is headquartered in New York City, New York. Western Asset Managed Municipals Fund Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek as high a level of current income exempt from federal income tax as consistent with preservation of capital. When pursuing its investment objective, the Fund seeks to maximize current income exempt from federal income tax as consistent with preservation of principal. The Fund seeks to achieve its objective by investing primarily in long-term investment grade municipal debt securities issued by state and local governments, political subdivisions, agencies, and public authorities. Under normal market conditions, the Fund will invest at least 80% of its total assets in municipal obligations rated investment grade at the time of investment. The Fund invests in a range of sectors, including health care, power, leasing, education, housing, and others. Legg Mason Partners Fund Advisor, LLC. is the investment manager of the Fund.
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Key Statistics of Western Asset Managed Municipals Fund Inc (MMU)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
$10.11Volume
119.26KP/E Ratio (TTM)
-52 Week Range
Market Cap
573.50MAvg. Volume
127.18KDividend Yield
6.48%Financial Metrics & Statements of Western Asset Managed Municipals Fund Inc (MMU)
FAQ's for Western Asset Managed Municipals Fund Inc (MMU)
- According to Musaffa’s Shariah screening methodology, Western Asset Managed Municipals Fund Inc (MMU) is currently classified as NOT HALAL as of December 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.