Skip to Content
Morningstar

Western Asset Interm Maturity NY Muni I LMIIX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 8.11  /  +0.01 %
  • Total Assets 150.2 Mil
  • Adj. Expense Ratio
    0.530%
  • Expense Ratio 0.530%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Muni New York Intermediate
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 2.72%
  • Effective Duration 5.86 years

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 12:33 AM GMT+0

Morningstar’s Analysis LMIIX

Will LMIIX outperform in 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 LMIIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LMIIX 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 LMIIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in Western Asset Interm Maturity NY Muni I's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings LMIIX

More LMIIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 35.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PORT AUTH N Y & N J 5%

5.40 8.3 Mil
municipal

PORT AUTH N Y & N J 5%

3.91 6.0 Mil
municipal

NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5%

3.89 6.0 Mil
municipal

NASSAU HEALTH CARE CORP N Y REV 5%

3.77 5.8 Mil
municipal

METROPOLITAN TRANSN AUTH N Y DEDICATED TAX FD 5%

3.50 5.4 Mil
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 5%

3.49 5.3 Mil
municipal

NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5%

3.39 5.2 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%

2.93 4.5 Mil
municipal

NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5%

2.84 4.3 Mil
municipal

NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%

2.44 3.7 Mil
municipal