Is Western Asset Managed Municipals Fund financially healthy?
Not really
Western Asset Managed Municipals Fund carries heavy debt: it would take 22.2 years of earnings to pay it off.
The numbers behind it
Net debt / EBITDA22.2 years
Current ratio283.8×Short-term assets for each $1 of bills due within a year
Interest coverage5.0×How many times operating profit covers the interest bill
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about Western Asset Managed Municipals Fund
Data as of Nov 13, 2026.