News headlines about Western Asset Municipal Partners Fnd (NYSE:MNP) have been trending positive on Wednesday, Accern reports. Accern scores the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public 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 0.41 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 47.0060477665753 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Western Asset Municipal Partners Fnd (NYSE:MNP) opened at $15.03 on Wednesday. Western Asset Municipal Partners Fnd has a 12 month low of $14.84 and a 12 month high of $16.26.
The firm also recently announced a monthly dividend, which will be paid on Thursday, February 1st. Shareholders of record on Friday, January 19th will be paid a $0.0625 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 4.99%. The ex-dividend date is Thursday, January 18th.
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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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