Western Asset Municipal Partners Fnd (MNP) Receiving Positive Press Coverage, Analysis Shows
Media stories about Western Asset Municipal Partners Fnd (NYSE:MNP) have been trending positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Western Asset Municipal Partners Fnd earned a news impact score of 0.41 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 47.0060477665753 out of 100, meaning 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 (NYSE MNP) opened at $15.27 on Wednesday. Western Asset Municipal Partners Fnd has a 1 year low of $14.84 and a 1 year high of $16.26.
The firm also recently declared a monthly dividend, which will be paid on Thursday, February 1st. Shareholders of record on Friday, January 19th will be given a dividend of $0.0625 per share. The ex-dividend date of this dividend is Thursday, January 18th. This represents a $0.75 annualized dividend and a yield of 4.91%.
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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