diff --git a/sdk/monitor/azure-mgmt-monitor/CHANGELOG.md b/sdk/monitor/azure-mgmt-monitor/CHANGELOG.md
index e0b8a0779c57..494ae2920e0c 100644
--- a/sdk/monitor/azure-mgmt-monitor/CHANGELOG.md
+++ b/sdk/monitor/azure-mgmt-monitor/CHANGELOG.md
@@ -1,5 +1,8 @@
 # Release History
 
+## 1.0.1 (Unreleased)
+
+
 ## 1.0.0 (2020-09-16)
 
 **Features**
diff --git a/sdk/monitor/azure-mgmt-monitor/azure/mgmt/monitor/_version.py b/sdk/monitor/azure-mgmt-monitor/azure/mgmt/monitor/_version.py
index 7e05f29c98ec..b3e6e24a6cdc 100644
--- a/sdk/monitor/azure-mgmt-monitor/azure/mgmt/monitor/_version.py
+++ b/sdk/monitor/azure-mgmt-monitor/azure/mgmt/monitor/_version.py
@@ -5,4 +5,4 @@
 # license information.
 # --------------------------------------------------------------------------
 
-VERSION = "1.0.0"
\ No newline at end of file
+VERSION = "1.0.1"
\ No newline at end of file
diff --git a/sdk/monitor/azure-mgmt-monitor/setup.py b/sdk/monitor/azure-mgmt-monitor/setup.py
index 87dc0be08557..46bbae72cb33 100644
--- a/sdk/monitor/azure-mgmt-monitor/setup.py
+++ b/sdk/monitor/azure-mgmt-monitor/setup.py
@@ -61,7 +61,7 @@
     author_email='azpysdkhelp@microsoft.com',
     url='https://github.com/Azure/azure-sdk-for-python',
     classifiers=[
-        'Development Status :: 4 - Beta',
+        "Development Status :: 5 - Production/Stable",
         'Programming Language :: Python',
         'Programming Language :: Python :: 2',
         'Programming Language :: Python :: 2.7',