Media stories about Western Asset Municipal Partners Fnd (NYSE:MNP) have trended very positive on Sunday, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million news and blog 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 news sentiment score of 0.54 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 47.2023386896492 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of Western Asset Municipal Partners Fnd (MNP) traded up $0.09 during midday trading on Friday, hitting $14.32. The company had a trading volume of 18,413 shares, compared to its average volume of 18,188. Western Asset Municipal Partners Fnd has a 1-year low of $14.09 and a 1-year high of $16.26.
The business also recently declared a monthly dividend, which will be paid on Friday, June 1st. Investors of record on Friday, May 25th will be issued a $0.0625 dividend. This represents a $0.75 annualized dividend and a dividend yield of 5.24%. The ex-dividend date is Thursday, May 24th.
About Western Asset Municipal Partners Fnd
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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