Western Asset Managed Municipals Fund (SHMMX) NASDAQ

14.95

-0.01(-0.07%)

Updated at June 02 08:10AM

Currency In USD

Western Asset Managed Municipals Fund

Address

Legg Mason & Co., Llc

New York, NY 10018

United States of America (the)

Phone

1-877-721-1926

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

March 04, 1981

Key Executives

N/A

Description

The fund normally invests at least 80% of its assets in municipal securities and other investments with similar economic characteristics, the interest on which is exempt from regular federal income tax but which may be subject to the federal alternative minimum tax. It normally invests in intermediate-term and long-term municipal securities that have remaining maturities from one to more than thirty years at the time of purchase.