Morningstar

Western Asset Massachusetts Municipals Fund Class I LHMIX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 11.44  /  −0.35 %
  • Total Assets 28.5M
  • Adj. Expense Ratio
    0.550%
  • Expense Ratio 0.550%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Muni Massachusetts
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 2.82%
  • Effective Duration 8.46 years

USD | NAV as of Aug 18, 2026 | 1-Day Return as of Aug 18, 2026, 12:34 AM GMT+0

Morningstar’s Analysis LHMIX

Will LHMIX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LHMIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LHMIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of LHMIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Western Asset Massachusetts Muni I holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings LHMIX

More LHMIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 48.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MASSACHUSETTS ST DEV FIN AGY REV 4%

6.71 2M
municipal

MASSACHUSETTS ST DEV FIN AGY REV 5.25%

6.30 2M
municipal

MASSACHUSETTS ST DEV FIN AGY REV 5%

5.56 2M
municipal

PLYMOUTH MASS 3.5%

4.81 1M
municipal

MASSACHUSETTS ST DEV FIN AGY REV 5%

4.78 1M
municipal

MASSACHUSETTS ST DEV FIN AGY REV 5%

4.63 1M
municipal

MASSACHUSETTS ST PORT AUTH REV 5%

4.48 1M
municipal

MASSACHUSETTS ST SPL OBLIG DEDICATED TAX REV 5.5%

4.08 1M
municipal

MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV 5.25%

3.71 1M
municipal

MASSACHUSETTS ST TRANSN FD REV 5%

3.66 1M
municipal

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