Western Asset Managed Municipals Fund Inc. (NYSE:MMU) today announced the financial position of the Fund as of February 28, 2025.

	Current Q			Previous Q			Prior Yr Q
	February 28, 2025			November 30, 2024			February 29, 2024
Total Assets (a)	$	923,517,765		$	954,435,288		$	930,419,480
Total Net Assets (a)	$	625,441,033		$	639,327,640		$	644,171,461
NAV Per Share of Common Stock (b)	$	11.45		$	11.71		$	11.76
Market Price Per Share	$	10.52		$	10.67		$	10.18
Premium / (Discount)		(8.12	)%		(8.88	)%		(13.44	)%
Outstanding Shares		54,618,848			54,618,848			54,767,844

Total Net Investment Income (c)(d)	$	7,513,765		$	7,558,743		$	7,705,881
Total Net Realized/Unrealized Gain/(Loss) (c)	$	(10,441,894	)	$	2,771,964		$	18,087,903
Preferred Dividends Paid from Net Investment Income (c)	$	(2,028,297	)	$	(2,418,829	)	$	(2,462,012	)
Net Increase (Decrease) in Net Assets From Operations (c)	$	(4,956,426	)	$	7,911,878		$	23,331,772

Earnings per Common Share Outstanding
Total Net Investment Income (c)(d)	$	0.14		$	0.14		$	0.14
Total Net Realized/Unrealized Gain/(Loss) (c)	$	(0.19	)	$	0.05		$	0.33
Preferred Dividends Paid from Net Investment Income (c)	$	(0.04	)	$	(0.04	)	$	(0.04	)
Net Increase (Decrease)in Net Assets From Operations (c)	$	(0.09	)	$	0.15		$	0.43

Undistributed Net Investment Income (e)	$	(14,084,747	)	$	(10,640,034	)	$	(5,330,115	)
Undistributed Net Investment Income
Per Share (e)	$	(0.26	)	$	(0.19	)	$	(0.10	)

		0			0			0
Variable Rate Demand Preferred Stock (e)	$	284,075,000		$	284,075,000		$	284,075,000

Footnotes:
(a)	The difference between the Fund's total assets and total net assets is due primarily to its outstanding variable rate demand preferred stock ("VRDPS"); total net assets do not include the liquidation value of VRDPS.
(b)	NAVs are calculated as of the close of business on the last business day in the periods indicated above.
(c)	For the quarter indicated.
(d)	Excludes distributions paid to preferred stockholders from net investment income.
(e)	As of the date indicated above.

This financial data is unaudited.

The Fund files its semi-annual and annual reports with the Securities and Exchange Commission ("SEC"), as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. These reports are available on the SEC's website at www.sec.gov. To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.

Western Asset Managed Municipals Fund Inc., a non-diversified, closed-end investment management company, which is advised by Franklin Templeton Fund Adviser, LLC ("FTFA") and subadvised by Western Asset Management Company, LLC ("Western Asset"). FTFA and Western Asset are indirect, wholly-owned subsidiaries of Franklin Resources, Inc. ("Franklin Resources").

For more information about the Fund, please call 1-888-777-0102 or consult the Fund's web site at www.franklintempleton.com/investments/options/closed-end-funds. Hard copies of the Fund's complete audited financial statements are available free of charge upon request.

Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Fund.

Category: Financials

Source: Franklin Resources, Inc.

Source: Legg Mason Closed End Funds

View source version on businesswire.com: https://www.businesswire.com/news/home/20250416714537/en/

Investor Contact: Fund Investor Services 1-888-777-0102

Western Asset Managed Municipals Fund Inc. Announces Financial Position as of February 28, 2025