Acquisition by Daniel Cronin of 1000 shares of Western Asset at 14.48 subject to Rule 16b-3

MHF Fund  USD 7.10  0.05  0.70%   
Roughly 62% of Western Asset's investor base is looking to short. The analysis of overall sentiment of trading Western Asset Municipal fund suggests that many investors are alarmed at this time. The current market sentiment, together with Western Asset's historical and current headlines, can help investors time the market. In addition, many technical investors use Western Asset Municipal fund news signals to limit their universe of possible portfolio assets.
Western Asset fund news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Western daily returns and investor perception about the current price of Western Asset Municipal as well as its diversification or hedging effects on your existing portfolios.
  
Filed transaction by Western Asset Diversified Director. Grant, award or other acquisition pursuant to Rule 16b-3

Read at macroaxis.com
Acquisition of 1000 common stock at 14.48 of Western Asset by Daniel Cronin on 24th of June 2024. This event was filed by Western Asset Diversified with SEC on 2024-06-21. Statement of changes in beneficial ownership - SEC Form 4

Western Asset Fundamental Analysis

We analyze Western Asset's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Western Asset using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Western Asset based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Price To Earning

Price To Earning Comparative Analysis

Western Asset is currently under evaluation in price to earning among similar funds. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Western Asset Municipal Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Western Asset fund to make a market-neutral strategy. Peer analysis of Western Asset could also be used in its relative valuation, which is a method of valuing Western Asset by comparing valuation metrics with similar companies.

Peers

Western Asset Related Equities

MUEBlackrock Muniholdings   0.65   
0%
31.0%
CXEMFS High   0.52   
0%
25.0%
JHSJohn Hancock   0.43   
0%
20.0%
NXNNuveen New   0.34   
0%
16.0%
CMUMFS High   0.28   
0%
13.0%
EOTEaton Vance   0.11   
0%
5.0%
NMTNuveen Massachusetts   0.09   
4.0%
0%
DTFDTF Tax   0.09   
4.0%
0%
MMUWestern Asset   0.09   
4.0%
0%
CXHMFS Investment   0.12   
5.0%
0%
MFMMFS Municipal   0.35   
16.0%
0%
MGFMFS Government   0.94   
45.0%
0%
EEAEuropean Equity   1.93   
93.0%
0%
FRRPFFiera Capital   2.07   
100.0%
0%

Other Information on Investing in Western Fund

Western Asset financial ratios help investors to determine whether Western Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Western with respect to the benefits of owning Western Asset security.
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