Western Asset Managed Municipals Fund (MMU) Total Return Calculator
$10,000 since Dec 2007, with and without reinvesting · data through Oct 2026
$10,000 invested in Western Asset Managed Municipals Fund (MMU) ten years ago, at the end of Oct 2016, was worth $11,454 at the end of Oct 2026 with every dividend reinvested: 1.4% a year, against $41,633 in the S&P 500. Since Dec 2007, $10,000 became $24,499 reinvested (4.9% a year), or $20,405 taking the dividends as cash, $11,629 of it paid out along the way.
MMU became
$24,499
S&P 500: $72,756
Return a year
4.9%
S&P 500: 11.1%
Payouts reinvested
$19,883
bought more shares
Worst drop
-28.9%
S&P 500: -48.2%
$10,000, Dec 2007 to Oct 2026
Payouts reinvested · S&P 500 reinvested
| Year | MMU total return | Paid out | S&P 500 |
|---|---|---|---|
| 2026 (part) | −3.6% | $1,365 | +11.7% |
| 2025 | +9.2% | $1,545 | +17.7% |
| 2024 | +6.6% | $1,399 | +24.9% |
| 2023 | +5.6% | $919 | +26.2% |
| 2022 | −19.6% | $943 | −18.2% |
| 2021 | +5.9% | $995 | +28.7% |
| 2020 | +0.6% | $990 | +18.3% |
| 2019 | +10.1% | $1,163 | +31.2% |
| 2018 | −4.5% | $1,215 | −4.6% |
| 2017 | +8.2% | $1,181 | +21.7% |
| 2016 | +2.0% | $1,159 | +12.0% |
| 2015 | +10.4% | $1,123 | +1.2% |
| 2014 | +18.2% | $1,066 | +13.5% |
| 2013 | −9.9% | $986 | +32.3% |
| 2012 | +13.2% | $946 | +16.0% |
| 2011 | +18.3% | $879 | +1.9% |
| 2010 | +5.3% | $840 | +15.1% |
| 2009 | +38.2% | $639 | +26.4% |
| 2008 | −9.3% | $530 | −36.8% |
"Paid out" is what your holding received that year. Month-end prices; no costs or taxes.
Key facts: MMU total return
Data as of · Source: SmarterDividends data
- $10,000 invested in Western Asset Managed Municipals Fund (MMU) at the end of Dec 2007, with dividends reinvested, was worth $24,499 at the end of Oct 2026: 4.9% a year, against $72,756 (11.1% a year) in the S&P 500.
- Over the 10 years to Oct 2026, MMU turned $10,000 into $11,454 with dividends reinvested, 1.4% a year.
- Over the 5 years to Oct 2026, MMU returned -0.8% a year with dividends reinvested (S&P 500: 12.0%).
- Taking MMU's dividends as cash instead of reinvesting them, the same $10,000 ended at $20,405, including $11,629 of cash received; reinvesting added $4,094.
- MMU's best calendar year in that time was 2009 (38.2%) and its worst 2022 (-19.6%), with dividends reinvested.
Cite this page
SmarterDividends, "Western Asset Managed Municipals Fund (MMU) Total Return Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/MMU/total-return
MMU total return questions
If I invested $10,000 in MMU 10 years ago, how much would I have?
About $11,454 at the end of Oct 2026, with every dividend reinvested: 1.4% a year. Taking them as cash, you'd have shares worth $6,822 or so plus the cash you received. The same $10,000 in the S&P 500 became $41,633.
What is MMU's total return since Dec 2007?
145% in total, or 4.9% a year, through Oct 2026 with dividends reinvested. The share price alone fell 12%.
How much of MMU's return came from dividends?
About 100% of its yearly return since Dec 2007. Reinvesting them, rather than taking cash, left you $4,094 better off on a $10,000 start.
What was MMU's worst year?
2022, at -19.6% with dividends reinvested (S&P 500: -18.2%). Its deepest fall from a peak, on month-end values, was -28.9%.
How is total return calculated here?
From month-end prices: the adjusted price counts every dividend reinvested in the month it was paid; the plain price doesn't. The S&P 500 is SPY with its dividends reinvested. No trading costs or taxes.