LONZ vs MMU

Comparison between PIMCO Senior Loan Active ExchangeTraded Fund (LONZ, ETF) and Western Asset Managed Municipals Fund Inc (MMU, ETF).

LONZ vs MMU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LONZ(ETF)	MMU(ETF)
Net Assets	$585M	$586M
Expense Ratio	0.63%	N/A
Max Drawdown	6.03%	46.70%
Sharpe Ratio	0.55	0.56
5Y Beta	0.10	0.16
5Y Dividends CAGR	N/A	4.49%

Net Assets

LONZ

$585M

Winner

MMU

$586M

Expense Ratio

LONZ

0.63%

MMU

N/A

Max Drawdown

Winner

LONZ

6.03%

MMU

46.70%

Sharpe Ratio

LONZ

0.55

Winner

MMU

0.56

5Y Beta

Winner

LONZ

0.10

MMU

0.16

5Y Dividends CAGR

LONZ

N/A

MMU

4.49%

LONZ vs MMU - Historical Returns

Returns include dividend reinvestment.

Period	LONZ	MMU
1 month	+0.99%	+0.84%
3 months	+1.67%	-0.26%
6 months	+4.77%	-2.17%
1 year	+5.10%	+9.04%
5 years(CAGR)	+7.45%	-0.64%
10 years(CAGR)	N/A	+0.97%
Max(CAGR)	+7.45%	+5.83%

Winner

LONZ

+0.99%

MMU

+0.84%

Winner

LONZ

+1.67%

MMU

-0.26%

Winner

LONZ

+4.77%

MMU

-2.17%

LONZ

+5.10%

Winner

MMU

+9.04%

5Y(CAGR)

Winner

LONZ

+7.45%

MMU

-0.64%

10Y(CAGR)

LONZ

N/A

MMU

+0.97%

Max(CAGR)

Winner

LONZ

+7.45%

MMU

+5.83%

LONZ vs MMU - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	LONZ	MMU
2026	+3.40%	+0.74%
2025	+5.09%	+6.96%
2024	+9.42%	+5.34%
2023	+12.26%	+4.91%
2022	+0.79%	-19.58%
2021	N/A	+6.24%
2020	N/A	+0.29%
2019	N/A	+5.60%
2018	N/A	-4.82%
2017	N/A	+8.30%
2016	N/A	+1.72%
2015	N/A	+10.34%
2014	N/A	+18.47%
2013	N/A	-11.35%
2012	N/A	+14.07%
2011	N/A	+20.27%
2010	N/A	+3.61%
2009	N/A	+37.35%
2008	N/A	-9.63%
2007	N/A	+3.15%
2006	N/A	+10.06%
2005	N/A	+3.14%
2004	N/A	+0.27%
2003	N/A	+14.43%
2002	N/A	+8.40%
2001	N/A	+7.38%
2000	N/A	+16.78%
1999	N/A	-6.08%

LONZ vs MMU Drawdown Comparison

The maximum drawdown for LONZ was -4.19%, occurring on Apr 4, 2025. Recovery took 59 trading sessions.

The maximum drawdown for MMU was -34.50%, occurring on Mar 18, 2020. This drawdown has not yet recovered.

The current MMU drawdown is -6.20%.

Rank	LONZ	MMU
#1	-4.19% Feb 14, 2025 - May 12, 2025	-34.50% Aug 8, 2019 - Mar 18, 2020
#2	-4.05% Aug 12, 2022 - Jan 6, 2023	-32.11% May 28, 2008 - Apr 21, 2009
#3	-3.91% Jun 9, 2022 - Aug 5, 2022	-26.42% Nov 26, 2012 - Mar 4, 2015
#4	-2.03% Dec 26, 2025 - Apr 17, 2026	-16.43% Dec 20, 2017 - Feb 26, 2019
#5	-2.03% Mar 8, 2023 - Apr 17, 2023	-14.63% Aug 23, 2016 - Dec 20, 2017
#6	-1.41% Jul 23, 2024 - Aug 28, 2024	-13.52% Sep 10, 2010 - Sep 7, 2011
#7	-0.70% Oct 16, 2023 - Nov 6, 2023	-12.27% Mar 8, 2004 - Nov 26, 2004
#8	-0.69% Jan 19, 2024 - Feb 14, 2024	-9.50% Feb 9, 2012 - May 3, 2012
#9	-0.57% Oct 7, 2025 - Oct 27, 2025	-8.49% Nov 16, 1999 - Jun 22, 2000
#10	-0.54% Sep 28, 2023 - Oct 12, 2023	-7.74% Oct 6, 2009 - Jan 14, 2010
#11	-0.52% Dec 16, 2024 - Dec 31, 2024	-7.60% Apr 24, 2015 - Jul 29, 2015
#12	-0.44% Feb 14, 2023 - Mar 3, 2023	-7.25% Sep 7, 2001 - Nov 7, 2001
#13	-0.39% Jun 2, 2026 - Jun 15, 2026	-7.17% Jul 27, 2012 - Sep 21, 2012
#14	-0.38% Jan 23, 2025 - Feb 14, 2025	-7.06% May 14, 2007 - Jan 3, 2008
#15	-0.34% May 14, 2026 - Jun 1, 2026	-6.87% Oct 2, 2002 - May 14, 2003

Correlation

Correlation between LONZ and MMU is 0.88 which considered as a strong positive correlation - the stocks tend to move together.

0.88

-101

Dividend Comparison (1999 - 2026)

LONZ vs MMU dividend yield comparison.

Year	LONZ	MMU
2026	5.14%	4.32%
2025	6.60%	6.26%
2024	8.16%	6.16%
2023	8.29%	4.36%
2022	3.33%	4.65%
2021	0.00%	3.88%
2020	0.00%	4.21%
2019	0.00%	4.96%
2018	0.00%	5.68%
2017	0.00%	5.37%
2016	0.00%	5.67%
2015	0.00%	5.50%
2014	0.00%	5.74%
2013	0.00%	6.39%
2012	0.00%	5.43%
2011	0.00%	5.82%
2010	0.00%	6.40%
2009	0.00%	5.29%
2008	0.00%	5.79%
2007	0.00%	4.97%
2006	0.00%	5.16%
2005	0.00%	5.54%
2004	0.00%	6.35%
2003	0.00%	6.10%
2002	0.00%	5.87%
2001	0.00%	5.77%
2000	0.00%	6.04%
1999	0.00%	1.10%