Western Asset Managed Municipals Fund: Section 19 Notice – Western Asset Managed Municipals Fund Inc. (01/02/2022)

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Important information regarding the distribution of your fund

Western Asset Managed Municipals Fund Inc. (MMU; CUSIP: 95766M105)

February 1, 2022:

The Fund paid a regular monthly distribution of $0.04050 per common share on February 1, 2022. Based on year-to-date activity of the Fund and subject to review, the Fund currently estimates that approximately 0 $.00250 per share of this distribution could be long-term capital gains. The balance of the distribution comes from undistributed net investment income.

This information is provided pursuant to section 19(a) of the Investment Companies Act 1940, as amended, and should not be relied upon for tax reporting purposes. In early 2023, once definitive information is available, the Fund will send shareholders a Form 1099-DIV setting out how the distributions made by the Fund during the 2022 calendar year were characterized for purposes of reporting distributions on returns. income from a shareholder.

620 Eighth Avenue, New York, NY 10018 Tel. 1-888-777-0102 www.franklintempleton.com

Warning

Western Asset Managed Municipals Fund Inc. published this content on February 01, 2022 and is solely responsible for the information contained therein. Distributed by publicunedited and unmodified, on February 01, 2022 14:21:03 UTC.

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