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Page: Company Financials

Western Asset Managed Municipals Fund Class C

Ticker: SMMCX | Industry: Asset Management | Sector: Financial Services
$14.93 0.00 (0.00%)
As of: 2026-01-23

Master Data Export

Enterprise Value

Metric MRQ MRQ-1 2024 2023 2022
Stock Price 14.42 15.22 15.02 14.81 15.02
Market Capitalization 787.60M 831.30M 820.36M 726.64M 652.38M
(-) Cash & Equivalents 0.00M 0.00M 0.00M 0.00M 0.00M
(+) Total Debt 13.96M 303.95M 151.98M 0.00M 0.00M
Enterprise Value 801.56M 1,135.25M 972.34M 726.64M 652.38M

Income Statement

Metric TTM TTM-1 2025-05-31 2024-05-31 2023-05-31 2022-05-31 2021-05-31 2020-05-31
Revenue 66M 0.00M 10M 39M -2M -62M 76M 26M
Cost of Revenue 7M 0.00M 1M 0M 0M 0M 36M 5M
Gross Profit 59M 0.00M 9M 39M -2M -62M 40M 22M
Gross Profit Margin 89.7% 0.0% 94.9% 100.0% 100.0% 100.0% 52.2% 81.8%
R&D Expenses 0M 0.00M 0M 0M 0M 0M 0M 0M
SG&A Expenses -12M 0.00M 3M 4M 3M 2M 3M 21M
Operating Expenses -12M 0.00M 12M 13M -2M -62M 76M 21M
Operating Income (EBIT) 71M 0.00M -3M 26M 0M 0M -36M 1M
Operating Income Margin 107.8% 0.0% -27.6% 66.0% 0.0% 0.0% -47.8% 2.9%
Interest Income 0M 0.00M 39M 36M 30M 28M 31M 0M
Interest Expense 0M 0.00M 1M 1M 0M 0M 0M 0M
Net Interest Income 0M 0.00M 39M 36M 30M 28M 31M 0M
Unusual Items 3M 0.00M -39M -36M -40M -93M 79M -6M
EBT Excluding Unusual Items 71M 0.00M 36M 62M 30M 28M -6M 1M
Pre-Tax Income 73M 0.00M -3M 26M -10M -65M 73M -5M
Pre-Tax Margin 111.6% 0.0% -27.6% 66.0% 444.1% 105.3% 95.8% -19.1%
Income Tax Expense 0M 0.00M 0M 0M 0M 0M 0M 0M
Net Income 73M 0.00M -3M 26M -10M -65M 73M -5M
Net Income Margin 111.6% 0.0% -27.6% 66.0% 444.1% 105.3% 95.8% -19.1%
Depreciation & Amortization -16M 0.00M 0M -28M 0M 0M 0M 0M
EBITDA 55M 0.00M -3M -2M 0M 0M -36M 1M
EBITDA Margin 83.9% 0.0% -27.6% -4.3% 0.0% 0.0% -47.8% 2.9%
NOPAT 71M 0.00M -2M 26M 0M 0M -36M 1M
NOPAT Margin 107.8% 0.0% -21.8% 66.0% 0.0% 0.0% -47.8% 2.3%
Owner's Earnings 58M 0.00M -3M -2M -10M -65M 73M -5M
Owner's Earnings Margin 87.7% 0.0% -27.6% -4.3% 444.1% 105.3% 95.8% -19.1%
EPS (Basic) 1.39 0.00 -0.05 0.48 -0.26 -1.50 1.68 -0.12
EPS (Diluted) 1.42 0.00 -0.06 0.48 -0.24 -1.50 1.68 -0.12
Shares (Basic) 52M 0.00M 55M 55M 43M 43M 44M 43M
Shares (Diluted) 52M 0.00M 46M 55M 43M 43M 44M 43M

Balance Sheet

Metric MRQ MRQ-1 2025-05-31 2024-05-31 2023-05-31 2022-05-31 2021-05-31 2020-05-31
Cash & Cash Equivalents 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Short-Term Investments 0.00M 2.75M 0.00M 0.00M 0.00M 0.00M 0.00M 2.17M
Cash & Short-Term Investments 0.00M 2.75M 0.00M 0.00M 0.00M 0.00M 0.00M 2.17M
Net Receivables 12.79M 13.09M 12.79M 13.72M 10.04M 11.44M 9.79M 9.98M
Inventory 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Assets 0.00M -2.36M 0.00M 0.00M -10.07M -11.46M -9.86M -12.15M
Total Current Assets 12.79M 13.48M 12.79M 13.72M -0.03M -0.02M -0.06M 0.00M
Property, Plant & Equipment 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Goodwill 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Long-Term Investments 0.00M 941.15M 0.00M 916.45M 722.64M 777.79M 867.75M 0.00M
Tax Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Assets 887.19M 0.00M 887.19M -916.45M -722.64M -777.79M -867.75M 0.00M
Other Assets 0.00M 954.44M 0.00M 0.00M 732.71M 789.25M 0.00M 815.83M
Total Non-Current Assets 887.19M 1,895.59M 887.19M 0.00M 732.71M 789.25M 0.00M 815.83M
Total Assets 899.97M 1,909.06M 899.97M 13.72M 732.69M 789.23M -0.06M 815.83M
Accounts Payable 19.47M 7.33M 19.47M 7.16M 5.65M 5.80M 9.72M 0.00M
Short-Term Debt 0.00M 0.11M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Tax Payables 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Revenue 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Liabilities 0.00M 2.87M 0.00M 3.78M -6.00M -6.17M -10.15M 0.00M
Total Current Liabilities 19.47M 10.31M 19.47M 10.94M -0.35M -0.37M -0.42M 0.00M
Long-Term Debt 13.96M 303.95M 13.96M 296.26M 0.00M 0.00M 0.00M 216.21M
Capital Lease Obligations 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Liabilities 283.14M 0.00M 283.14M 0.00M 0.00M 0.00M 0.00M -216.21M
Total Non-Current Liabilities 297.10M 303.95M 297.10M 296.26M 0.00M 0.00M 0.00M 0.00M
Total Liabilities 316.57M 314.26M 316.57M 307.21M -0.35M -0.37M -0.42M 0.00M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 27.65M
Common Stock 0.05M 0.05M 0.05M 0.05M 0.04M 0.04M 0.04M 0.04M
Retained Earnings -59.88M -18.74M -59.88M -36.07M -26.04M 2.41M 88.63M 38.55M
Accumulated OCI 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Minority Interest 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Shareholders’ Equity -59.82M -18.68M -59.82M -36.02M -26.00M 2.45M 88.68M 66.24M
Total Equity -59.82M -18.68M -59.82M -36.02M -26.00M 2.45M 88.68M 66.24M
Total Liabilities & Equity 256.75M 295.58M 256.75M 271.19M -26.35M 2.07M 88.25M 66.24M
Tangible Assets 899.97M 1,909.06M 899.97M 13.72M 732.69M 789.23M -0.06M 815.83M
Tangible Equity -59.82M -18.68M -59.82M -36.02M -26.00M 2.45M 88.68M 66.24M
Tangible Book Value -59.82M -18.68M -59.82M -36.02M -26.00M 2.45M 88.68M 66.24M
Total Investments 0.00M 941.15M 0.00M 916.45M 722.64M 777.79M 867.75M 2.17M
Net Debt 13.96M 304.06M 13.96M 296.26M 0.00M 0.00M 0.00M 216.21M

Capital Metrics

Metric MRQ MRQ-1 2025-05-31 2024-05-31 2023-05-31 2022-05-31 2021-05-31 2020-05-31
Working Capital -6.6M 2.1M -6.6M 2.3M 0.0M 0.0M 0.0M 0.0M
Total Capital 597.5M 943.3M 597.5M 918.6M 499.8M 529.2M 615.5M 809.3M
Capital Employed 880.6M 943.3M 880.6M 918.8M 732.7M 789.2M 877.6M 815.8M
Invested Capital 597.5M 943.3M 597.5M 918.6M 499.8M 529.2M 615.5M 809.3M

Cash Flow Statement

Metric TTM TTM-1 2025-05-31 2024-05-31 2023-05-31 2022-05-31 2021-05-31 2020-05-31
Net Income 73.38M 0.00M -2.76M 26.05M -10.35M -65.07M 73.17M -5.03M
Depreciation & Amortization 0.04M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Income Tax 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Stock-Based Compensation 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Change in Working Capital -1.13M 0.00M 9.51M 2.26M -1.85M -3.59M 5.64M -3.38M
Accounts Receivable -1.85M 0.00M 0.94M -1.04M 1.39M -1.64M 0.19M 0.17M
Inventory 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Accounts Payable 0.36M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -3.59M
Other Working Capital 0.04M 0.00M 8.58M 3.30M -3.24M -1.94M 5.45M 0.04M
Other Non-Cash Items -32.11M 0.00M 29.35M -6.41M 55.20M 90.02M -61.90M 24.29M
Net Cash from Operating Activities 40.18M 0.00M 36.10M 21.90M 43.00M 21.36M 16.91M 15.88M
Capital Expenditures (PPE) 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Acquisitions (Net) 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Purchases of Investments -286.51M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -262.42M
Sales / Maturities of Investments 308.94M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 273.62M
Other Investing Activities 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Cash from Investing Activities 22.43M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 11.21M
Net Debt Issuance 12.77M 0.00M 0.00M 5.10M 2.50M 0.00M 6.36M 0.00M
Long-Term Debt Issuance 12.64M 0.00M 0.00M 5.10M 2.50M 0.00M 6.36M 0.00M
Short-Term Debt Issuance 0.11M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Stock Issuance -26.07M 0.00M -0.38M -2.45M -25.01M 0.00M -0.02M -0.34M
Common Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock Repurchased -26.07M 0.00M -0.38M -1.15M -25.01M 0.00M -0.02M -0.34M
Preferred Stock Issuance 0.00M 0.00M 0.00M -1.30M -25.01M 0.00M -0.02M 0.00M
Net Dividends Paid -52.58M 0.00M -35.72M -24.75M -20.49M -21.36M -23.25M -26.16M
Common Dividends Paid -52.58M 0.00M -35.72M -24.70M -19.75M -21.29M -23.20M -26.16M
Preferred Dividends Paid 0.00M 0.00M 0.00M -0.06M -0.74M -0.07M -0.05M 0.00M
Other Financing Activities -0.03M 0.00M 0.00M 0.14M 0.00M 0.00M 0.00M 0.00M
Net Cash from Financing Activities -65.91M 0.00M -36.10M -21.96M -43.00M -21.36M -16.91M -26.50M
Effect of FX on Cash 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Change in Cash 0.17M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Cash at Beginning of Period 0.01M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Cash at End of Period 0.17M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Operating Cash Flow 40.18M 0.00M 36.10M 21.90M 43.00M 21.36M 16.91M 15.88M
Capital Expenditure 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Free Cash Flow 40.18M 0.00M 36.10M 21.90M 43.00M 21.36M 16.91M 15.88M

Free Cash Flow

Metric TTM TTM-1 2025-05-31 2024-05-31 2023-05-31 2022-05-31 2021-05-31 2020-05-31
EBITDA 55.17M 0.00M 6.30M 7.77M -4.92M -64.24M 37.25M 0.75M
(-) Tax Adjustment 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
(-) Change In Working Capital -1.13M 0.00M 9.51M 2.26M -1.85M -3.59M 5.64M -3.38M
(-) Capital Expenditure 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Unlevered Free Cash Flow 56.30M 0.00M -3.22M 5.51M -3.07M -60.66M 31.61M 4.13M
(-) Net Interest Income After Taxes -0.36M 0.00M 38.55M 35.78M 30.13M 28.10M 30.86M 0.00M
Net Debt Issuance 12.77M 0.00M 0.00M 5.10M 2.50M 0.00M 6.36M 0.00M
Levered Free Cash Flow 69.43M 0.00M -41.77M -25.17M -30.70M -88.76M 7.11M 4.13M