Western Asset Municipal Defined Stock News

This is a weekly series focused on analyzing the previous week’s economic data releases. The objective is to concentrate on leading indicators of economic activ

Risk-off week as 4 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Munis lead while MLPs lag. Big cuts to KYN/KMF.

The rebound continues, with 23 out of 23 CEF sectors positive on price and 22 out of 23 sectors positive on NAV last week. VAM will be merged into FINS this wee

June 4, 2020. Each of the Funds listed above announced today that the Special Meeting of Shareholders (the "Meeting") originally scheduled for Friday, June 5, 2020 at 9:00 a.m. Eastern Time has been p

Western Asset Intermediate Muni Fund Inc. (NYSE: SBI), Western Asset Managed Municipals Fund Inc. (NYSE: MMU), Western Asset Municipal Partners Fund Inc. (NYSE: MNP), Western Asset Municipal High Inco

Western Asset Intermediate Muni Fund Inc. (NYSE: SBI), Western Asset Managed Municipals Fund Inc. (NYSE: MMU), Western Asset Municipal Partners Fund I

Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of June, July and August 2020.

The municipal sector has entered this crisis in relatively strong shape, owing to flat debt growth and strong historical revenues. Within the sector, we tilt to

Western Asset Municipal Defined Opportunity Trust Inc. (NYSE: MTT) today announced the financial position of the Fund as of February 29, 2020.

Ladenburg Thalmann Financial Services Inc. grew its position in Western Asset Municipal D Opp Trust Inc. (NYSE:MTT) by 4.9% during the 4th quarter, according to the company in its most recent disclosu

FNY Investment Advisers LLC bought a new stake in shares of Western Asset Municipal D Opp Trust Inc. (NYSE:MTT) during the first quarter, according to the company in its most recent Form 13F filing wi

As was previously announced, on February 18, 2020, Franklin Resources, Inc. ("Franklin Resources") and Legg Mason, Inc. ("Legg Mason") announced that they have entered into a definitive agreement for

Western Asset Municipal Defined Opportunity Trust Inc. (the "Fund"), which is traded on the New York Stock Exchange under the symbol "MTT", announced today the results of the votes cast at the Fund’

We take a look at the performance of term funds in the current drawdown relative to their sectors. We find that by and large term funds have outperformed their