Western Asset Municipal Partners Fund Inc.

Western Asset Municipal Partners Fund Inc.verified

MNP

Price:

$10.58

Market Cap:

$102.83M

Western Asset Municipal Partners Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company. It invests in fixed income markets of the United States. The fund primarily invests in investment grade tax exempt securities issued by municipalities. It benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. The fund was formerly known as the Salomon Brothers Municipal Partners Fund. Western Asset Municipal Partners Fund Inc. was formed on January 29, 1993 and is domiciled in the United States.[Read more]

Industry

Asset Management

IPO Date

1993-01-22

Stock Exchange

NYSE

Ticker

MNP

The PE Ratio as of September 2024 (TTM) for Western Asset Municipal Partners Fund Inc. (MNP) is -27.13

According to Western Asset Municipal Partners Fund Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -27.13. This represents a change of -Infinity% compared to the average of 0 of the last 4 quarters.

Western Asset Municipal Partners Fund Inc. (MNP) Historical PE Ratio (quarterly & annually)

How has MNP PE Ratio performed in the past?

The mean historical PE Ratio of Western Asset Municipal Partners Fund Inc. over the last ten years is 67.54. The current -27.13 PE Ratio has changed -4116.68% with respect to the historical average. Over the past ten years (40 quarters), MNP's PE Ratio was at its highest in in the November 2017 quarter at 25.02. The PE Ratio was at its lowest in in the November 2018 quarter at -3.72.

Quarterly (TTM)
Annual

Average

67.54

Median

11.69

Minimum

-9.50

Maximum

494.24

Western Asset Municipal Partners Fund Inc. (MNP) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Western Asset Municipal Partners Fund Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 4.13%

Maximum Annual PE Ratio = 494.24

Minimum Annual Increase = -222.97%

Minimum Annual PE Ratio = -9.50

Quarterly (TTM)
Annual
YearPE RatioChange
2022-4.48-125.86%
202117.31-14.92%
202020.34124.57%
20199.06-98.17%
2018494.244.13%
201711.69-222.97%
2016-9.50-114.35%
201566.212.11%

Western Asset Municipal Partners Fund Inc. (MNP) Average PE Ratio

How has MNP PE Ratio performed in the past?

The current PE Ratio of Western Asset Municipal Partners Fund Inc. (MNP) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

11.06

5-year avg

107.29

10-year avg

67.54

Western Asset Municipal Partners Fund Inc. (MNP) PE Ratio vs. Peers

How is MNP’s PE Ratio compared to its peers?

Western Asset Municipal Partners Fund Inc.’s PE Ratio is less than Eagle Point Income Company Inc. (4.70), less than Nuveen New York Municipal Value Fund (11.10), less than MFS High Income Municipal Trust (14.35), less than MFS High Yield Municipal Trust (16.32), greater than BlackRock Municipal Income Fund, Inc. (-843.89), less than Eaton Vance Municipal Bond Fund (13.55), less than BlackRock MuniYield New York Quality Fund, Inc. (22.74), less than BlackRock MuniHoldings Quality Fund II, Inc. (23.23), less than DTF Tax-Free Income 2028 Term Fund Inc. (258.56), less than John Hancock Income Securities Trust (22.16), greater than BlackRock MuniYield Quality Fund II, Inc. (-653.44), less than MFS Investment Grade Municipal Trust (28.45), less than Virtus Convertible & Income 2024 Target Term Fund (0), greater than BlackRock MuniHoldings Fund, Inc. (-1020.56), less than Eaton Vance National Municipal Opportunities Trust (9.04), less than Invesco High Income 2024 Target Term Fund (3.77),

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