Every material Form 8-K WESTERN ASSET MANAGED MUNICIPALS FUND INC. has filed with the SEC since July 22, 2015, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
On January 2, 2019, Western Asset Managed Municipals Fund Inc. announced that Nisha Kumar became a director effective January 1, 2019, and that directors Dr. Riordan Roett and Leslie H. Gelb retired effective December 31, 2018. The changes apply across the closed-end funds advised by Legg Mason Partners Fund Advisors, LLC, and the filing does not describe any effect on fund operations or shareholders.
Nisha Kumar appointed director effective January 1, 2019, and will serve on the Audit, Nominating, Compensation, Pricing and Valuation Committees
Dr. Riordan Roett and Leslie H. Gelb retire as directors effective December 31, 2018
Kumar has been Managing Director and CFO and Chief Compliance Officer of Greenbriar Equity Group, LP since 2011
On August 14, 2017, KPMG resigned as the independent auditor of Western Asset Managed Municipals Fund Inc. at the Fund's request, and the board engaged PricewaterhouseCoopers for the fiscal year ending May 31, 2018. The filing says KPMG's prior reports contained no adverse opinion, disclaimer, or qualification, and that there were no disagreements or reportable events during the relevant periods.
KPMG resigned on August 14, 2017, at the Fund's request.
Board approved PricewaterhouseCoopers as auditor on August 10, 2017, effective August 14, 2017, for the year ending May 31, 2018.
KPMG's reports for fiscal years ended May 31, 2017 and May 31, 2016 had no adverse opinion, disclaimer, or qualification.
The filing states the change does not reflect any disagreement with KPMG's performance.
Jane Trust was named director/trustee, Chairman, Chief Executive Officer and President of the Fund and related closed-end funds advised by Legg Mason Partners Fund Advisors, LLC, effective August 1, 2015. Kenneth D. Fuller resigned from the same positions, effective July 31, 2015. The filing does not state a reason for the change.
Jane Trust's appointment as director/trustee and CEO and President takes effect August 1, 2015
Kenneth D. Fuller's resignation takes effect July 31, 2015
Trust is a Managing Director of Legg Mason & Co., LLC and a Senior Vice President of the investment manager, and has been with the Legg Mason family for almost 27 years
The changes apply to the closed-end funds listed in the July 22, 2015 press release, including the Fund (NYSE: MMU)
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every WESTERN ASSET MANAGED MUNICIPALS FUND INC. filing is on SEC EDGAR ↗. 8-K briefs of other companies →