UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): May 21, 2014
Western Asset Managed Municipals Fund Inc.
(Exact Name of Registrant as Specified in its Charter)
| Maryland | 811-06629 | 13-3670008 | ||
| (State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
620 Eighth Avenue, New York, NY 10018
(Address of Principal Executive Offices) (Zip Code)
(888) 777-0102
(Registrant’s Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Western Asset Managed Municipals Fund Inc.
CURRENT REPORT ON FORM 8-K
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 29, 2014, Western Asset Managed Municipals Fund Inc. (the “Fund”) issued a press release, the text of which is attached hereto as Exhibit 99.1, announcing the retirement of Jeswald W. Salacuse as a director of certain closed-end funds advised by Legg Mason Partners Fund Advisor, LLC, effective June 30, 2014, and announcing the appointment of William R. Hutchinson as Lead Independent Director of each respective closed-end fund, effective May 28, 2014.
The information disclosed under this Item 5.02, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities under Section 18 and shall not be deemed to be incorporated by reference into any filing of the Fund under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. |
Description | |
| 99.1 | Press release of the Fund, dated May 29, 2014. | |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Western Asset Managed Municipals Fund Inc. | ||
| By: | /s/ George P. Hoyt | |
| Name: | George P. Hoyt | |
| Title: | Assistant Secretary | |
Date: May 29, 2014
Index to Exhibits
| Exhibit No. |
Description | |
| 99.1 | Press release of the Fund, dated May 29, 2014. | |
Exhibit 99.1
CERTAIN CLOSED END FUNDS ADVISED BY LEGG MASON PARTNERS FUND ADVISOR, LLC ANNOUNCE RETIREMENT OF DIRECTOR AND APPOINTMENT OF NEW LEAD INDEPENDENT DIRECTOR
New York – (Business Wire) – May 29, 2014
ClearBridge American Energy MLP Fund Inc. (NYSE: CBA)
ClearBridge Energy MLP Fund Inc. (NYSE: CEM),
ClearBridge Energy MLP Opportunity Fund Inc. (NYSE: EMO),
ClearBridge Energy MLP Total Return Fund Inc. (NYSE: CTR),
Legg Mason BW Global Income Opportunities Fund Inc. (NYSE: BWG),
LMP Capital and Income Fund Inc. (NYSE: SCD),
LMP Corporate Loan Fund Inc. (NYSE: TLI),
LMP Real Estate Income Fund Inc. (NYSE: RIT),
Permal Hedge Strategies Fund I,
Permal Hedge Strategies Fund II,
Permal Hedge Strategies Portfolio,
Western Asset Emerging Markets Debt Fund Inc. (NYSE: ESD),
Western Asset Emerging Markets Income Fund Inc. (NYSE: EMD),
Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE: GDO),
Western Asset Global High Income Fund Inc. (NYSE: EHI),
Western Asset Global Partners Income Fund Inc. (NYSE: GDF),
Western Asset High Income Fund II Inc. (NYSE: HIX),
Western Asset High Income Opportunity Fund Inc. (NYSE: HIO),
Western Asset High Yield Defined Opportunity Fund Inc. (NYSE: HYI),
Western Asset Inflation Management Fund Inc. (NYSE: IMF),
Western Asset Intermediate Muni Fund Inc. (NYSE: SBI),
Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE: IGI),
Western Asset Managed High Income Fund Inc. (NYSE: MHY),
Western Asset Managed Municipals Fund Inc. (NYSE: MMU),
Western Asset Middle Market Debt Fund Inc.,
Western Asset Mortgage Defined Opportunity Fund Inc. (NYSE: DMO),
Western Asset Municipal Defined Opportunity Trust Inc. (NYSE: MTT),
Western Asset Municipal High Income Fund Inc. (NYSE: MHF),
Western Asset Municipal Partners Fund Inc. (NYSE: MNP),
Western Asset Variable Rate Strategic Fund Inc. (NYSE: GFY), and
Western Asset Worldwide Income Fund Inc. (NYSE: SBW) (collectively, the “Funds”).
The Funds announced today the retirement of Jeswald W. Salacuse as Director of the Funds, effective June 30, 2014. Mr. Salacuse has served the Funds for twenty-two years, including as Lead Independent Director. In addition, the Board of each Fund has appointed William R. Hutchinson as Lead Independent Director of each Fund, effective May 28, 2014.
An investment in a fund involves risk, including loss of principal. Investment return and the value of shares will fluctuate. Any data and commentary provided in this press release are for informational purposes only. Legg Mason, Inc. and its affiliates do not engage in selling shares of the funds. For more information, please call Investor Relations: 888-777-0102, or consult the funds’ web site at www.lmcef.com.
Contacts
Media:
Legg Mason
Maria Rosati, 212-805-6036
mrosati@leggmason.com