Western Asset Managed Municipals Fund Inc. Declares Dividend for the Months of September, October and November 2018, Payable on October 1, 2018, November 1, 2018 and December 3, 2018 Respectively
August 20, 2018 at 08:00 am EDT
Share
Western Asset Managed Municipals Fund Inc. declared dividend of $0.05800 for the months of September, October and November 2018, payable on October 1, 2018, November 1, 2018 and December 3, 2018 to the shareholders record on September 21, 2018, October 19, 2018 and November 23, 2018 with the ex-dividend date of September 20, 2018, October 18, 2018 and November 21, 2018 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 September, October and November 2018, Payable on October 1, 2018, November 1, 2018 and December 3, 2018 Respectively