Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
Western Asset Interm Maturity CA Muni C SIMLX
- NAV / 1-Day Return 8.04 / −0.12 %
- Total Assets 89.7 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.320%
- Distribution Fee Level Below Average
- Share Class Type Level Load
- Category Muni California Intermediate
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 1.91%
- Effective Duration 4.41 years
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:23 PM GMT+0
Morningstar’s Analysis SIMLX
Will SIMLX 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 32.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 1.75% | 5.21 | 4.8 Mil | municipal |
M-S-R ENERGY AUTH CALIF GAS REV 6.125% | 4.96 | 4.5 Mil | municipal |
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | 4.31 | 3.9 Mil | municipal |
ALAMEDA CORRIDOR TRANSN AUTH CALIF REV 5% | 3.09 | 2.8 Mil | municipal |
LOS ANGELES CALIF DEPT ARPTS REV 5% | 2.98 | 2.7 Mil | municipal |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4% | 2.80 | 2.6 Mil | municipal |
SOUTHERN CALIF PUB PWR AUTH NAT GAS PROJ REV 5.25% | 2.72 | 2.5 Mil | municipal |
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | 2.56 | 2.3 Mil | municipal |
STOCKTON CALIF PUB FING AUTH WTR REV 5% | 2.46 | 2.2 Mil | municipal |
SOUTHERN CALIF PUB PWR AUTH NAT GAS PROJ REV 5.25% | 2.30 | 2.1 Mil | municipal |