Western Asset Managed Municipals Fund (MMU) vs Tortoise Energy Infrastructure (TYG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Tortoise Energy Infrastructure is the larger company by market cap ($989.6 million vs $486.3 million), about 2.0 times the size. On valuation, Tortoise Energy Infrastructure trades at a lower trailing P/E (5.4x vs 9.4x for Western Asset Managed Municipals Fund). Tortoise Energy Infrastructure offers the higher dividend yield (13.22% vs 7.31%).
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 | MMU | TYG |
|---|---|---|
| Share price | $8.95 | $38.96 |
| Market cap | $486.32M | $989.58M |
| 1-day change | +0.56% | +1.17% |
| YTD return | — | -4.74% |
| 1-year return | — | -10.95% |
| 5-year return | — | +28.84% |
| P/E ratio (TTM) | 9.42 | 5.42 |
| EPS (TTM) | $0.95 | $7.19 |
| Dividend yield | 7.31% | 13.22% |
| Annual dividend | $0.654 | $5.15 |
| 52-week high | $10.71 | $51.18 |
| 52-week low | $8.71 | $37.45 |
| Distance from 52-week high | -16.43% | -23.88% |
| Analyst consensus | strong_buy | hold |
| Average volume | 182.75K | 143.44K |
| Shares outstanding | 54.34M | 25.40M |
| 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
- Tortoise Energy Infrastructure is about 2.0 times larger than Western Asset Managed Municipals Fund by market value ($989.58M vs $486.32M).
- Western Asset Managed Municipals Fund trades at a higher earnings multiple (9.4x vs 5.4x trailing P/E).
- Tortoise Energy Infrastructure offers a meaningfully higher dividend yield (13.22% vs 7.31%).
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
About Tortoise Energy Infrastructure
TYG stock →Tortoise Energy Infrastructure Corporation is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors L.L.C. The fund invests in the public equity markets of the United States.
Finance · Investment Managers
MMU vs TYG FAQ
Which is bigger, Western Asset Managed Municipals Fund or Tortoise Energy Infrastructure?
Tortoise Energy Infrastructure (TYG) is larger, with a market capitalization of $989.58M compared with $486.32M for Western Asset Managed Municipals Fund (MMU).
Which has the lower P/E ratio, MMU or TYG?
TYG has the lower trailing P/E at 5.4, versus 9.4 for MMU. 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, Western Asset Managed Municipals Fund or Tortoise Energy Infrastructure?
Tortoise Energy Infrastructure has the higher yield at 13.22%, compared with 7.31% for Western Asset Managed Municipals Fund.
Are Western Asset Managed Municipals Fund and Tortoise Energy Infrastructure in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.