Western Asset Managed Municipals Fund (MMU) Fair Value 2026 — DCF & Multi-Method Analysis | EvidInvest | EvidInvest

MMU — Fair Value Analysis

Western Asset Managed Municipals Fund

Current: $10.19Fairly Valued

Fair Value Range

Bear Case (25th pct.)

$8.22

-19.3% vs price

Base Case (Median)

$10.88

6.8% vs price

Bull Case (75th pct.)

$12.90

26.6% vs price

$8.22$10.88$12.90

◇ = Current price | |Bear |Base | Bull

Method Breakdown

Method	Est. Value	vs Price	Weight
DCF (Discounted Cash Flow)	$5.56	-45.4%	High (40%)
PE Comparable	$10.88	6.8%	Medium (25%)
Graham Number	$14.91	46.3%	High (80%)

Interpretation

Based on 3 out of 8 methods, MMU appears fairly valued at the current price of $10.19. The base case fair value of $10.88 implies 6.8% upside.

Bear/base/bull cases represent the 25th, 50th, and 75th percentile of available method estimates. This is not financial advice. Valuation is inherently uncertain.