MetaCap

Western Asset Managed Municipals Fund (MMU) vs Invesco Municipal (VKQ)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

On valuation, Western Asset Managed Municipals Fund trades at a lower trailing P/E (9.7x vs 28.8x for Invesco Municipal). Invesco Municipal offers the higher dividend yield (8.72% vs 7.10%).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

MMU-11.53%VKQ-14.02%
+1%-8%-18%
Jul 9, 20261 yearOct 9, 2026
MMU-13.28%VKQ-14.89%
+1%-7%-16%
Jul 6, 20265 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

MMU versus VKQ key metrics
MetricMMUVKQ
Share price$9.21$8.65
Market cap$500.44M—
1-day change+2.91%+1.53%
YTD return—-10.36%
1-year return—-10.36%
5-year return—-35.31%
P/E ratio (TTM)9.6928.83
EPS (TTM)$0.95$0.30
Dividend yield7.10%8.72%
Annual dividend$0.654$0.754
52-week high$10.71$10.11
52-week low$8.71$8.25
Distance from 52-week high-14.01%-14.44%
Analyst consensusstrong_buy—
Average volume184.39K230.62K
Shares outstanding54.34M—
SectorFinanceFinance
IndustryInvestment ManagersTrusts Except Educational Religious and Charitable

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

  • Invesco Municipal trades at a higher earnings multiple (28.8x vs 9.7x trailing P/E).
  • Invesco Municipal offers a meaningfully higher dividend yield (8.72% vs 7.10%).

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 Invesco Municipal

VKQ stock →

Invesco Municipal Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc., and Invesco Canada Ltd.

Finance · Trusts Except Educational Religious and Charitable

MMU vs VKQ FAQ

Which has the lower P/E ratio, MMU or VKQ?

MMU has the lower trailing P/E at 9.7, versus 28.8 for VKQ. 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 Invesco Municipal?

Invesco Municipal has the higher yield at 8.72%, compared with 7.10% for Western Asset Managed Municipals Fund.

Are Western Asset Managed Municipals Fund and Invesco Municipal in the same industry?

Both are in the Finance sector, but in different industries: Investment Managers for Western Asset Managed Municipals Fund and Trusts Except Educational Religious and Charitable for Invesco Municipal.

More comparisons