Headlines about Western Asset Municipal Partners Fnd (NYSE:MNP) have trended very positive recently, Accern reports. The research group identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded 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 media sentiment score of 0.54 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 47.2023386896492 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of Western Asset Municipal Partners Fnd (NYSE:MNP) traded up $0.09 on Friday, hitting $14.32. The stock had a trading volume of 18,413 shares, compared to its average volume of 18,188. Western Asset Municipal Partners Fnd has a one year low of $14.09 and a one year high of $16.26.
The company also recently announced a monthly dividend, which will be paid on Friday, June 1st. Stockholders of record on Friday, May 25th will be given a $0.0625 dividend. The ex-dividend date of this dividend is Thursday, May 24th. This represents a $0.75 annualized dividend and a dividend yield of 5.24%.
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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