MMU β€” WESTERN ASSET MANAGED MUNS F

Ownership history in 1607 Capital Partners, LLC  Β·  22 quarters on record

This page tracks every 13F SEC filing in which 1607 Capital Partners, LLC reported a position in WESTERN ASSET MANAGED MUNS F (MMU). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
1.44% (2025 Q1)
πŸ“Š Avg. % of fund
0.93%
πŸ“… First filed
2020 Q3
πŸ“… Last filed
2025 Q4
⏱ Quarters held
22

Position Intelligence

1607 Capital Partners, LLC Γ— MMU AI Analytics

πŸ“‰ 1607 Capital Partners, LLC underperformed the S&P 500 by –13.7% annually on this MMU position. Timing score: 50% (10/20 decisions correct). Average cost basis: $9.40. Maximum drawdown during holding period: –27.5%.

πŸ“ˆ Position Alpha vs SPY
-13.7%
annualised excess return

❌ Significantly underperformed the S&P 500 by 13.7% ann.
11 quarters analyzed

⏱️ Timing Score
50%

➑️ Neutral timing β€” roughly coin-flip accuracy on add/trim calls.
10 of 20 add/trim decisions correct

πŸ’° Entry Quality
$9.40
+9.9% vs current ($10.33)

Best entry: $7.69 (2023 Q3)  Β·  Worst: $10.61 (2021 Q2)

πŸ›‘οΈ Drawdown Resilience
–27.5%
max drawdown while held

πŸ’ͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.

πŸ’ͺ Fund Conviction
48%
buy-side decisions

10 adds Β· 11 trims. Bought during 4 of 9 down-price quarters. πŸ“‰ Predominantly trimming β€” distribution phase.

πŸ“‘ Position Trajectory
↓ Shrinking
last 4–5 quarters trend

πŸ“‰ Portfolio weight has been declining in recent quarters. Possible distribution phase.
Currently 0.99% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    MMU price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 REDUCED 1,390,231 -202,791 -12.7% 0.99% $14.5M $10.33
2025 Q3 REDUCED 1,593,022 -119,584 -7.0% 1.24% $16.5M $10.07
2025 Q2 REDUCED 1,712,606 -30,483 -1.7% 1.37% $17.0M $9.48
2025 Q1 ADDED 1,743,089 +47,723 +2.8% 1.44% $17.9M $9.69
2024 Q4 ADDED 1,695,366 +728,573 +75.4% 1.39% $17.3M $9.46
2024 Q3 REDUCED 966,793 -50,169 -4.9% 0.96% $10.5M $9.89
2024 Q2 REDUCED 1,016,962 -56,843 -5.3% 0.94% $10.5M $9.30
2024 Q1 REDUCED 1,073,805 -635,948 -37.2% 0.91% $11.2M $9.24
2023 Q4 ADDED 1,709,753 +350,341 +25.8% 1.22% $17.4M $8.87
2023 Q3 ADDED 1,359,412 +169,000 +14.2% 0.91% $12.1M $7.69
12 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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