Company: MMU
Filing Date: 2025-01-28
Form Type: N-CSRS
Source: 0001133228-25-000562
Chunk: 9

Company: WESTERN ASSET MANAGED MUNICIPALS FUND INC.
Filing Date: 2025-01-28
Form: N-CSRS
Chunk 9
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 |    $174,024 |

| * | Included in operating expenses is $377,066 paid for interest on borrowings and $4,848,291 
 paid for distributions toVariable Rate Demand Preferred Stockholders.                     |

The following table provides a reconciliation of cash and restricted cash reported within the Statement of Assets and Liabilities that sums to the total of such amounts shown on the Statement of Cash Flows.

|                                                                     | November 30, 2024 |
|:--------------------------------------------------------------------|------------------:|
| Cash                                                                |                 — |
| Restricted cash                                                     |           174,024 |
| Total cash and restricted cash shown in the Statement of Cash Flows |          $174,024 |

Restricted cash consists of cash that has been segregated to cover the Fund’s collateral or margin obligations under derivative contracts. It is separately reported on the Statement of Assets and Liabilities as Deposits with brokers.

See Notes to Financial Statements. Western Asset Managed Municipals Fund Inc. 2024 Semi-Annual Report 31

Financial highlights

| For a common share of capital stock outstanding throughout each year ended May 31,unless otherwise noted: |   20241,2 |   20241 |     20231 |    20221 |    20211 |     20201 |
|:----------------------------------------------------------------------------------------------------------|----------:|--------:|----------:|---------:|---------:|----------:|
| Net asset value, beginning ofperiod                                                                       |    $11.39 |  $11.52 |    $12.20 |   $14.19 |   $13.04 |    $13.75 |
| Income (loss) from operations:                                                                            |           |         |           |          |          |           |
| Net investment income                                                                                     |      0.19 |    0.35 |      0.42 |     0.47 |     0.53 |      0.51 |
| Net realized and unrealizedgain (loss)                                                                    |      0.46 |    0.03 |     -0.66 |    -1.97 |     1.15 |     -0.61 |
| Distributions paid to AuctionRate Cumulative PreferredStockholders from netinvestment income              |         — | (0.00)3 |     -0.02 |  (0.00)3 |  (0.00)3 |     -0.01 |
| Total income (loss)from operations                                                                        |