Performance analysis of MMU (Western Asset Managed Municipals Fund)
Annual Return
Over the past 3 years, MMU has had an average annual return of +7.39%, underperforming the benchmark SPY, which returned +22.45% annual.
Over the past 5 years, MMU has had an average annual return of -0.45%, underperforming the benchmark SPY, which returned +13.88% annual.
Over the past 10 years, MMU has had an average annual return of +1.28%, underperforming the benchmark SPY, which returned +15.44% annual.
Since Nov 1, 1999, MMU has had an average annual return of +5.85%, underperforming the benchmark SPY, which returned +8.56% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +0.22% | +9.16% | +6.58% | +5.64% | -19.58% | +5.83% | +0.74% | +10.09% | -4.55% | +8.30% | +2% | +10.33% |
| 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
| +18.18% | -9.87% | +13.14% | +18.38% | +5.23% | +38.38% | -9.46% | +3.06% | +11% | +3.53% | +0.44% | +13.58% |
| 2002 | 2001 | 2000 | 1999 | ||||||||
| +8.71% | +10.73% | +16.78% | -6.08% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.26% | +0.80% | -2.95% | -0.06% | +1.42% | -1.16% | +0.22% | ||||||
| 2025 | +2.70% | +1.49% | -1.67% | -2.57% | -0.06% | +0.45% | +0.86% | +0.15% | +5.10% | +0.23% | +0.92% | +1.40% | +9.16% |
| 2024 | -0.18% | +1.10% | +3.19% | -4.65% | +0.74% | +4.78% | +2.47% | +2.51% | +1.25% | -3.46% | +3.03% | -3.88% | +6.58% |
| 2023 | +5.22% | -3.26% | +1.35% | -1.20% | -2.40% | +1.29% | +1.07% | -3.73% | -6.52% | -1.38% | +11.25% | +5.06% | +5.64% |
| 2022 | -4.66% | -0.95% | -4.98% | -4.13% | +0.64% | -4.67% | +4.44% | -4.75% | -6.72% | -1.77% | +11.49% | -4.11% | -19.58% |
| 2021 | +2.38% | -3.10% | +3.03% | +1.79% | +2.45% | +0.98% | +0.09% | +0.39% | -1.12% | -2.09% | +1.15% | -0.08% | +5.83% |
| 2020 | +4.16% | -3.16% | -10.01% | -3.98% | +5.57% | +0.21% | +4.88% | -1.40% | -0.77% | +0.29% | +3.90% | +2.18% | +0.74% |
| 2019 | +2.11% | +4.56% | -1.58% | +1.12% | +3.98% | +0.20% | +5.24% | -0.86% | -2.67% | +0.29% | -1.31% | -1.08% | +10.09% |
| 2018 | -4.54% | -2.08% | +0.49% | -1.13% | -0.52% | +0.30% | +0.21% | +1.02% | -4.34% | -4.32% | +6.83% | +4.06% | -4.55% |
| 2017 | +2.21% | -1.13% | +0.61% | +0.60% | +0.89% | +0.09% | +3.58% | -0.12% | -0.55% | +0.45% | +1.16% | +0.29% | +8.30% |
Drawdown analysis of MMU (Western Asset Managed Municipals Fund)
The maximum drawdown for the MMU was -34.50%, occurring on Mar 18, 2020. This drawdown has not yet recovered.
The current MMU drawdown is -6.77%.
Since Nov 1, 1999 MMU has experienced the following drawdowns:
- 30% or more: 2 times
- 20% or more: 3 times
- 10% or more: 7 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -34.50% | Aug 8, 2019 | 153 | Mar 18, 2020 | Ongoing | Ongoing | Ongoing |
| -32.11% | May 28, 2008 | 95 | Oct 10, 2008 | 131 | Apr 21, 2009 | 226 |
| -26.42% | Nov 26, 2012 | 183 | Aug 19, 2013 | 387 | Mar 4, 2015 | 570 |
| -16.43% | Dec 20, 2017 | 217 | Oct 31, 2018 | 78 | Feb 26, 2019 | 295 |
| -14.63% | Aug 23, 2016 | 62 | Nov 18, 2016 | 273 | Dec 20, 2017 | 335 |
| -13.52% | Sep 10, 2010 | 88 | Jan 14, 2011 | 162 | Sep 7, 2011 | 250 |
| -12.27% | Mar 8, 2004 | 43 | May 7, 2004 | 140 | Nov 26, 2004 | 183 |
| -9.50% | Feb 9, 2012 | 25 | Mar 16, 2012 | 33 | May 3, 2012 | 58 |
| -8.48% | Nov 16, 1999 | 27 | Dec 27, 1999 | 124 | Jun 22, 2000 | 151 |
| -7.74% | Oct 6, 2009 | 7 | Oct 15, 2009 | 62 | Jan 14, 2010 | 69 |
| -7.60% | Apr 24, 2015 | 31 | Jun 9, 2015 | 35 | Jul 29, 2015 | 66 |
| -7.26% | Sep 7, 2001 | 6 | Sep 21, 2001 | 33 | Nov 7, 2001 | 39 |
| -7.17% | Jul 27, 2012 | 19 | Aug 23, 2012 | 20 | Sep 21, 2012 | 39 |
| -7.05% | May 14, 2007 | 66 | Aug 16, 2007 | 96 | Jan 3, 2008 | 162 |
| -6.87% | Oct 2, 2002 | 38 | Nov 25, 2002 | 116 | May 14, 2003 | 154 |
| -6.83% | Nov 26, 2004 | 20 | Dec 27, 2004 | 261 | Jan 9, 2006 | 281 |
| -6.64% | Feb 11, 2008 | 13 | Feb 29, 2008 | 36 | Apr 22, 2008 | 49 |
| -6.02% | Nov 12, 2001 | 32 | Dec 28, 2001 | 37 | Feb 22, 2002 | 69 |
| -5.88% | Sep 30, 2011 | 8 | Oct 12, 2011 | 13 | Oct 31, 2011 | 21 |
| -5.80% | Jun 16, 2003 | 34 | Aug 4, 2003 | 55 | Oct 21, 2003 | 89 |
| -5.72% | May 15, 2012 | 9 | May 29, 2012 | 20 | Jun 26, 2012 | 29 |
| -4.90% | Jul 8, 2016 | 4 | Jul 14, 2016 | 5 | Jul 21, 2016 | 9 |
| -4.64% | Feb 22, 2002 | 21 | Mar 25, 2002 | 67 | Jun 28, 2002 | 88 |
| -4.44% | Oct 1, 2012 | 22 | Nov 2, 2012 | 4 | Nov 8, 2012 | 26 |
| -4.33% | May 9, 2016 | 9 | May 20, 2016 | 31 | Jul 6, 2016 | 40 |