Western Asset Managed Municipals Fund Inc. Declares Dividend for the Months of June 2019, July 2019 and August 2019, Payable on July 1, 2019, August 1, 2019 and September 3, 2019 Respectively
May 21, 2019 at 08:30 am EDT
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Western Asset Managed Municipals Fund Inc. declared dividend of $0.05800 for the months of June 2019, July 2019 and August 2019, payable on July 1, 2019, August 1, 2019 and September 3, 2019 to the shareholders record on June 21, 2019, July 19, 2019 and August 23, 2019 with the ex-dividend date of June 20 2019, July 18, 2019 and August 22, 2019 respectively.
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 is consistent with preservation of capital. When pursuing its investment objective, the Fund seeks to maximize current income exempt from federal income tax as is 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.
Western Asset Managed Municipals Fund Inc. Declares Dividend for the Months of June 2019, July 2019 and August 2019, Payable on July 1, 2019, August 1, 2019 and September 3, 2019 Respectively