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MNP - Salomon Bros Muni Partner fd


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MNP Profile

Salomon Bros Muni Partner fd logo

Western Asset Municipal Partners Fund Inc., overseen by Legg Mason Partners Fund Advisor, LLC in collaboration with Western Asset Management Company, operates as a closed-ended fixed income mutual fund focused on the United States' municipal bond markets. Established on January 29, 1993, the fund specializes in investing in investment grade tax exempt securities issued by municipalities.

Formerly known as the Salomon Brothers Municipal Partners Fund, the fund underwent a transformation to align with its current strategic direction under the management expertise of Legg Mason Partners Fund Advisor, LLC and Western Asset Management Company. It benchmarks its performance against the Barclays Municipal Bond Index, reflecting its commitment to rigorous performance evaluation and benchmarking within the municipal bond sector.

Western Asset Municipal Partners Fund Inc. plays a pivotal role in the fixed income investment landscape, offering investors exposure to a diversified portfolio of municipal securities designed to provide tax-exempt income. The fund's strategy emphasizes prudent investment management and seeks to optimize returns while maintaining high standards of credit quality and risk management.

Based in the United States, Western Asset Municipal Partners Fund Inc. continues to leverage its extensive experience and collaborative approach to deliver value to its shareholders, navigating the complexities of municipal bond markets with a focus on long-term sustainability and investor satisfaction.

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Stock Sector: Financial Services: Closed-End Fund - Debt

 

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