KKR Income Opportunities Fund (KIO) vs Western Asset Managed Municipals Fund (MMU)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Western Asset Managed Municipals Fund is the larger company by market cap ($486.3 million vs $418.0 million), about 1.2 times the size. On valuation, Western Asset Managed Municipals Fund trades at a lower trailing P/E (9.4x vs 10.4x for KKR Income Opportunities Fund). Western Asset Managed Municipals Fund pays a dividend yielding 7.31%, while KKR Income Opportunities Fund does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | KIO | MMU |
|---|---|---|
| Share price | $10.20 | $8.95 |
| Market cap | $418.05M | $486.32M |
| 1-day change | -0.10% | +0.56% |
| P/E ratio (TTM) | 10.41 | 9.42 |
| EPS (TTM) | $0.98 | $0.95 |
| Dividend yield | 14.29% | 7.31% |
| Annual dividend | $0.00 | $0.654 |
| 52-week high | $12.35 | $10.71 |
| 52-week low | $10.09 | $8.71 |
| Distance from 52-week high | -17.41% | -16.43% |
| Analyst consensus | — | strong_buy |
| Average volume | 213.85K | 182.75K |
| Shares outstanding | 40.99M | 54.34M |
| Sector | Finance | Finance |
| Industry | Investment Managers | Investment Managers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- KKR Income Opportunities Fund offers a meaningfully higher dividend yield (14.29% vs 7.31%).
About KKR Income Opportunities Fund
KIO stock →KKR Income Opportunities Fund is a close ended fixed income mutual fund launched by Kohlberg Kravis Roberts & Co. L.P.
Finance · Investment Managers
About Western Asset Managed Municipals Fund
MMU stock →Western Asset Managed Municipals Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC.
Finance · Investment Managers
KIO vs MMU FAQ
Which is bigger, KKR Income Opportunities Fund or Western Asset Managed Municipals Fund?
Western Asset Managed Municipals Fund (MMU) is larger, with a market capitalization of $486.32M compared with $418.05M for KKR Income Opportunities Fund (KIO).
Which has the lower P/E ratio, KIO or MMU?
MMU has the lower trailing P/E at 9.4, versus 10.4 for KIO. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, KKR Income Opportunities Fund or Western Asset Managed Municipals Fund?
KKR Income Opportunities Fund has the higher yield at 14.29%, compared with 7.31% for Western Asset Managed Municipals Fund.
Are KKR Income Opportunities Fund and Western Asset Managed Municipals Fund in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.