Western Asset Managed Municipals Fund Inc. Announces Financial Position as of August 31, 2012 Business Wire NEW YORK -- November 08, 2012 Western Asset Managed Municipals Fund Inc. (NYSE: MMU) today announced the financial position of the Fund as of August 31, 2012. Current Q Previous Q Prior Yr Q August 31, 2012 May 31, 2012 August 31, 2011 Total Assets (a) $ 855,857,360 $ 850,633,844 $ 788,158,378 Total Net Assets (a) $ 605,104,701 $ 594,961,831 $ 537,647,653 NAV Per Share of Common $ 14.20 $ 13.98 $ 12.70 Stock (b) Market Price Per Share $ 14.65 $ 13.86 $ 12.53 Premium / (Discount) 3.17 % (0.86 )% (1.34 )% Outstanding Shares 42,622,817 42,562,180 42,345,099 Total Net Investment $ 8,859,656 $ 8,661,629 $ 9,231,561 Income (c) Total Net Realized/Unrealized $ 8,907,967 $ 7,742,967 $ 14,644,279 Gain/(Loss) (c) Preferred Dividends Paid from Net Investment $ (167,682 ) $ (189,763 ) $ (130,450 ) Income (c) Net Increase (Decrease) in Net Assets From $ 17,599,941 $ 16,214,833 $ 23,745,390 Operations (c) Earnings per Common Share Outstanding Total Net Investment $ 0.20 $ 0.20 $ 0.22 Income (c) Total Net Realized/Unrealized $ 0.21 $ 0.18 $ 0.35 Gain/(Loss) (c) Preferred Dividends Paid from Net Investment $ (0.00 ) $ (0.00 ) $ (0.00 ) Income (c) Net Increase (Decrease)in Net Assets $ 0.41 $ 0.38 $ 0.57 From Operations (c) Undistributed Net $ 17,674,551 $ 17,286,230 $ 16,027,397 Investment Income (d) Undistributed Net Investment Income Per Share (d) $ 0.41 $ 0.41 $ 0.38 Preferred Shares $ 250,000,000 $ 250,000,000 $ 250,000,000 Outstanding (d) Footnotes: (a) The difference between total assets and total net assets is due primarily to its outstanding auction rate preferred stock (“ARPS); total net assets do not include the liquidation value of ARPS. (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) 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, as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year on Form N-Q. These reports are available on the Commission’s website at www.sec.gov. To obtain information on Form N-Q 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, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, an affiliate of the manager. For more information, please call 1-888-777-0102 or consult the Fund’s web site at www.lmcef.com. Data and commentary provided in this press release are for informational purposes only. Legg Mason and its affiliates do not engage in selling shares of the Fund. Contact: Western Asset Managed Municipals Fund Inc. Maria Rosati, 212-805-6036 email@example.com
Western Asset Managed Municipals Fund Inc. Announces Financial Position as of August 31, 2012
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