Western Asset Managed Municipals' knowledgeable and collaborative municipal team along with its thoughtful and repeatable approach is largely unaffected by co-CIO Ken Leech's surprise leave of absence from the firm on Aug. 21, 2024. Thus, the strategy retains its Above Average People and Process ratings.
Western Asset Managed Municipals I SMMYX
- NAV / 1-Day Return 15.28 / +0.16 %
- Total Assets 3.2 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.510%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Muni National Long
- Credit Quality / Interest Rate Sensitivity Medium/Extensive
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 3.48%
- Effective Duration 7.97 years
USD | NAV as of Sep 28, 2024 | 1-Day Return as of Sep 28, 2024, 1:00 AM GMT+0
Morningstar’s Analysis SMMYX
Will SMMYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 9.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5% | 1.18 | 37.0 Mil | municipal |
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4% | 1.10 | 34.6 Mil | municipal |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | 1.00 | 31.3 Mil | municipal |
ILLINOIS ST 5% | 0.99 | 31.1 Mil | municipal |
TRIBOROUGH BRDG & TUNL AUTH NY REVS 5% | 0.96 | 30.1 Mil | municipal |
FLORIDA DEV FIN CORP REV 5.25% | 0.88 | 27.6 Mil | municipal |
M-S-R ENERGY AUTH CALIF GAS REV 7% | 0.81 | 25.4 Mil | municipal |
METROPOLITAN PIER & EXPOSITION AUTH ILL REV 5% | 0.79 | 24.9 Mil | municipal |
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5% | 0.79 | 24.8 Mil | municipal |
PORT AUTH N Y & N J 5% | 0.78 | 24.5 Mil | municipal |