What if you'd held MMU?
A $1,000 investment in Western Asset Managed Municipals Fund, Inc. (MMU) at the month-end close of 1992-07 would be worth $7,118 at the close of 2026-08 — +611.8% total return, dividends reinvested. The same $1,000 in the S&P 500 would be worth $18,170.
Your scenario
Result
If you'd bought $1,000 at the start of each year
Value of $1,000 invested on January 1 of each year, held to 2026-08, dividends included.
Every year, $1,000 from 1992
| Year | Value of $1,000 | Year return |
|---|---|---|
| 1992 | $1,000 | — |
| 1993 | $1,255 | +25.5% |
| 1994 | $1,163 | -7.3% |
| 1995 | $1,539 | +32.3% |
| 1996 | $1,567 | +1.8% |
| 1997 | $1,766 | +12.7% |
| 1998 | $1,730 | -2.0% |
| 1999 | $1,489 | -13.9% |
| 2000 | $1,745 | +17.1% |
| 2001 | $1,929 | +10.6% |
| 2002 | $2,099 | +8.8% |
| 2003 | $2,383 | +13.5% |
| 2004 | $2,390 | +0.3% |
| 2005 | $2,454 | +2.7% |
| 2006 | $2,716 | +10.7% |
| 2007 | $2,801 | +3.1% |
| 2008 | $2,539 | -9.4% |
| 2009 | $3,511 | +38.3% |
| 2010 | $3,695 | +5.3% |
| 2011 | $4,376 | +18.4% |
| 2012 | $4,950 | +13.1% |
| 2013 | $4,461 | -9.9% |
| 2014 | $5,270 | +18.1% |
| 2015 | $5,816 | +10.4% |
| 2016 | $5,936 | +2.1% |
| 2017 | $6,426 | +8.2% |
| 2018 | $6,135 | -4.5% |
| 2019 | $6,752 | +10.1% |
| 2020 | $6,801 | +0.7% |
| 2021 | $7,199 | +5.8% |
| 2022 | $5,794 | -19.5% |
| 2023 | $6,121 | +5.6% |
| 2024 | $6,532 | +6.7% |
| 2025 | $7,135 | +9.2% |
| 2026 | $7,270 | +1.9% |
Best and worst month-end to buy
The best single month-end close to have bought MMU was 1992-10 ($1.38): $1,000 then is $7,428 today. The worst was 2021-08 ($10.37): $1,000 then is $988.
FAQ
What would $1,000 in MMU be worth today?
A $1,000 investment in Western Asset Managed Municipals Fund, Inc. (MMU) at the start of 1992 would be worth about $7,118 today, a total return of +611.8%. Dividends are reinvested in these figures.
What were the best and worst years for MMU?
Western Asset Managed Municipals Fund, Inc. (MMU)'s strongest calendar year since 1992 was 2009, a +38.3% return — $1,000 held through that year became about $1,383 by year-end. Its weakest year was 2022, at -19.5%.
Does the calculator include dividends and splits?
Yes where available. Prices are adjusted for both stock splits and reinvested dividends (total return), the same measure brokerages use.
How much would $100 per month in MMU have grown?
Investing $100 at the end of every month since 1992-07 would have grown to about $110,190 on $41,000 invested.
Did MMU beat the S&P 500?
Over the same period, $1,000 in the S&P 500 index would be worth $18,170. MMU trailed the S&P 500 by +60.8% in total return.
Is this investment advice?
No. Wall Street Regrets is an entertainment and education tool. Every number is a historical calculation, not a prediction, and past performance never guarantees future results.
Methodology
Western Asset Managed Municipals Fund, Inc. (MMU) historical total-return data from 1992-07 to 2026-08, reduced to month-end closes for the tables above.
Returns use adjusted close prices from Yahoo Finance historical data — adjusted for stock splits and reinvested dividends — the same convention used by major brokerages. A "year" scenario invests $1,000 at the prior December's month-end close and values it at the latest available month-end close. Non-USD amounts are converted at historical month-end exchange rates (Yahoo Finance): to USD on the buy date and back to your currency at the latest rate, so the return reflects the currency move as well as the asset.
Month-end resolution means intra-month extremes are not captured in tables; the calculator uses exact trading-day closes where daily data is available. Figures ignore taxes, fees, and the currency effects of non-USD listings. History is not a forecast. Wall Street Regrets is entertainment, not investment advice.
What if you'd held…
Data: adjusted close prices via Yahoo Finance. As of 2026-08. Not financial advice.