Western Asset Managed Municipals Fund Inc. Declares Dividend for the Months of March, April and May, Payable on April 1, 2019, May 1, 2019 and June 3, 2019 Respectively
February 20, 2019 at 08:30 am EST
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Western Asset Managed Municipals Fund Inc. declared dividend of $0.05800 for the months of March 2019, April 2019 and May 2019, payable on April 1, 2019, May 1, 2019 and June 3, 2019 to the shareholders record on March 22, 2019, April 18, 2019 and May 24, 2019 with the ex-dividend date of March 21, 2019, April 17, 2019 and May 23, 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 March, April and May, Payable on April 1, 2019, May 1, 2019 and June 3, 2019 Respectively