Western Asset Municipal Partners Fnd (MNP) Getting Favorable Media Coverage, Study Finds
News headlines about Western Asset Municipal Partners Fnd (NYSE:MNP) have been trending positive this week, Accern reports. The research group identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. 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 news sentiment score of 0.43 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 45.8442596358787 out of 100, indicating that recent media 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 (MNP) opened at $15.32 on Friday. Western Asset Municipal Partners Fnd has a 12-month low of $14.71 and a 12-month high of $16.26.
The company also recently announced a monthly dividend, which will be paid on Thursday, February 1st. Investors of record on Friday, January 19th will be given a $0.0625 dividend. The ex-dividend date is Thursday, January 18th. This represents a $0.75 dividend on an annualized basis and a yield of 4.90%.
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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