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MMU WESTERN ASSET MANAGED MUNICIPALS FUND INC. Insider Trading

1 filing analyzed · Latest 2025-05-28
Insider buys
1
Insider sells
0
Unique insiders
1
Direction
Net buying
May 2025
2025-05-28
low
1,000 shares
$9,900
@ $9.90
Significance 3/10

Director Grillo buys 1,000 shares of MMU at $9.90; cross-ticker track record shows 0% 90-day win rate

Anthony Grillo, a director of Western Asset Managed Municipals Fund Inc., purchased 1,000 shares at $9.90 on 2025-05-27, establishing an initial position in this fund. The timing occurs within the fund's 52-week range ($9.57–$10.96) and the stock is currently trading at $9.83, down 1.2% over the past 30 days. Notably, Grillo's cross-ticker track record reveals 17 prior open-market buys with a 0.00% 90-day win rate and an average 90-day return of -18.4%, indicating a persistent pattern of unfavorable timing on his discretionary purchases across all holdings. This transaction, while modest in size, adds to a demonstrated track record of systematically purchasing at points that precede declines.

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