Western Asset Municipals Fund Files Proxy Statement

TL;DR

Western Asset Municipals Fund filed its DEF 14A. Shareholders get voting info.

AI Summary

Western Asset Managed Municipals Fund Inc. filed its definitive proxy statement on September 17, 2024, for its fiscal year ending May 31, 2024. The filing, designated as DEF 14A, concerns the annual meeting of shareholders. The company is registered with the SEC under file number 811-06629 and is incorporated in Maryland.

Why It Matters

This filing provides shareholders with crucial information regarding the company's governance and upcoming decisions, allowing them to make informed voting choices.

Risk Assessment

Risk Level: low — This is a routine annual filing (DEF 14A) and does not contain new financial performance data or significant corporate actions.

Key Numbers

• 811-06629 — SEC File Number (Identifies the specific registration for Western Asset Managed Municipals Fund Inc.)

Key Players & Entities

• WESTERN ASSET MANAGED MUNICIPALS FUND INC. (company) — Registrant
• 0000886043 (company) — Central Index Key
• 811-06629 (company) — SEC File Number
• 1934 Act (company) — SEC Act
• 20240917 (date) — Filing Date
• 20241018 (date) — Period of Report
• 0531 (date) — Fiscal Year End

FAQ

Key Financial Figures

• $25,000 — liquidation preference in the amount of $25,000 per share (collectively with the Common

Filing Documents

• d847216ddef14a.htm (DEF 14A) — 216KB
• g847216g0913013803848.jpg (GRAPHIC) — 3KB
• g847216g0913013804299.jpg (GRAPHIC) — 1KB
• g847216g0913013804492.jpg (GRAPHIC) — 2KB
• g847216g69k75.jpg (GRAPHIC) — 1KB
• g847216gr002.jpg (GRAPHIC) — 2KB
• g847216snap1.jpg (GRAPHIC) — 5KB
• 0001193125-24-220541.txt ( ) — 237KB

From the Filing

DEF 14A 1 d847216ddef14a.htm WESTERN ASSET MANAGED MUNICIPALS FUND INC. WESTERN ASSET MANAGED MUNICIPALS FUND INC. SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e) (2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12 Western Asset Managed Municipals Fund Inc. (Name of Registrant as Specified in Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee computed on table below per Exchange Act Rules 14a-6(i) (4) and 0-11. (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the filing fee is calculated and state how it was determined): (4) Proposed maximum aggregate value of transaction: (5) Total fee paid: Fee paid previously with preliminary materials. Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a) (2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount Previously Paid: (2) Form, Schedule or Registration Statement No.: (3) Filing Party: (4) Date Filed: W ESTERN A SSET M ANAGED M UNICIPALS F UND I NC . (NYSE: MMU) 620 Eighth Avenue, 47th Floor, New York, New York 10018 NOTICE OF ANNUAL MEETING OF STOCKHOLDERS September 17, 2024 To the Stockholders: The Annual Meeting of Stockholders of Western Asset Managed Municipals Fund Inc. (the Fund) will be held at 280 Park Avenue, New York, New York 10017 on Friday, October 18, 2024 at 10:00 a.m., New York time, (the Meeting) for the following purposes: 1. A proposal to elect one Class I Director to be elected by the holders of Common Stock and Preferred Shares, voting together as a single class, to the Funds Board of Directors; and one Class I Director to be elected by the holders of Preferred Shares to the Funds Board of Directors ( Proposal No. 1 ); and 2. A proposal to ratify the selection of PricewaterhouseCoopers LLP (PwC) as independent registered public accountants of the Fund for the fiscal year ended May 31, 2025 ( Proposal No. 2 ); and 3. The transaction of such other business as may properly come before the meeting or any adjournments or postponements thereof. If it is determined that the Meeting will be held at a different time or in a different location or format (i.e., a virtual or hybrid meeting), an announcement of any such updates will be provided by means of a press release, which will be posted on our website (www.franklintempleton.com/investments/options/closed-end-funds). We encourage you to check the website prior to the Meeting if you plan to attend the Meeting. An announcement of any change will also be filed with the Securities and Exchange Commission via its EDGAR system. You do not need to attend the Meeting if you submit your votes on the proposals by proxy promptly. The Board of Directors has fixed the close of business on August 30, 2024 as the record date for the determination of stockholders entitled to notice of, and to vote at, the meeting and any adjournments or postponements thereof. By Order of the Board of Directors Marc A. De Oliveira Secretary September 17, 2024 IT IS IMPORTANT THAT YOUR SHARES BE REPRESENTED AT THE MEETING IN PERSON OR BY PROXY; IF YOU DO NOT EXPECT TO ATTEND THE MEETING, PLEASE COMPLETE, DATE, SIGN AND RETURN THE PROXY CARD (which will be made available to you separately) OR PROVIDE VOTING INSTRUCTIONS BY TELEPHONE OR VIA THE INTERNET. Instructions for Signing Proxy Cards The following general rules for signing proxy cards may be of assistance to you and avoid the time and expense to the Fund in validating your vote if you fail to sign your proxy card properly. 1. Individual Accounts: Sign your name exactly as it appears in the registration on the proxy card. 2. Joint Accounts: Either party may sign, but the name of the party signing should conform exactly to a name shown in the registration. 3. All Other Accounts: The capacity of the individual signing the proxy card should be indicated unless it is reflected in the form of registration. For example: Registration Valid Signature Corporate Accounts (1) ABC Corp ABC Corp. (by John Doe, Treasurer) (2) ABC Corp John Doe, Treasurer (3) ABC Corp., c/o John Doe, Treasurer John Doe (4) ABC Corp. Profit Sharin

View Full Filing

View this DEF 14A filing on SEC EDGAR