Headlines about Western Asset Municipal Partners Fnd (NYSE:MNP) have been trending somewhat positive on Wednesday, according to Accern. Accern ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Western Asset Municipal Partners Fnd earned a coverage optimism score of 0.21 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 46.7176683514316 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Western Asset Municipal Partners Fnd (NYSE MNP) opened at $15.24 on Wednesday. Western Asset Municipal Partners Fnd has a 12-month low of $14.57 and a 12-month high of $16.26.
The company also recently declared a monthly dividend, which will be paid on Thursday, February 1st. Shareholders of record on Friday, January 19th will be issued a dividend of $0.0625 per share. This represents a $0.75 annualized dividend and a yield of 4.92%. The ex-dividend date of this dividend is Thursday, January 18th.
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Western Asset Municipal Partners Fnd Company Profile
Western Asset Municipal Partners Fund Inc is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek a high level of current income, which is exempt from regular federal income taxes, consistent with the preservation of capital. As a secondary investment objective, the Fund intends to enhance portfolio value by purchasing tax-exempt securities that, in the opinion of the investment manager, may appreciate in value relative to other similar obligations in the marketplace.
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