Morningstar

Western Asset New Jersey Municipals Fund Class I LNJIX

Morningstar Medalist Rating
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Medalist Rating as of See Franklin Templeton Investment Hub
  • NAV / 1-Day Return $11.12  /  +0.91 %
  • Fund Size $137.3M
  • Adjusted Expense Ratio 0.550%
  • Net Expense Ratio 0.550%
  • Fee Level: Distribution Below Average
  • Share Class Type Institutional
  • Morningstar Category Muni New Jersey
  • Fixed-Income Style Box (Funds) Medium/Extensive
  • Minimum Initial Investment $1M
  • Investment Status Open
  • TTM Yield 3.66%
  • Average Effective Duration 7.22 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis LNJIX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Western Asset New Jersey Municipals I holds a quantitatively derived Silver Morningstar Medalist Rating. The rating reflects that it has scored well on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings LNJIX

More LNJIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 37.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW JERSEY ST TRANSN TR FD AUTH 5%

4.87 7M
municipal

TOBACCO SETTLEMENT FING CORP N J 5%

4.33 7M
municipal

NEW JERSEY ECONOMIC DEV AUTH MTR VEH SURCHARGES REV 4%

4.31 6M
municipal

NEW JERSEY ST TPK AUTH TPK REV 5%

4.07 6M
municipal

NEW JERSEY HEALTH CARE FACS FING AUTH 5%

3.82 6M
municipal

NEW JERSEY ST TPK AUTH TPK REV 5%

3.40 5M
municipal

NEW JERSEY ECONOMIC DEV AUTH REV 5%

3.34 5M
municipal

NEW JERSEY ECONOMIC DEV AUTH SPL FAC REV 5%

3.30 5M
municipal

NEW JERSEY ST TRANSN TR FD AUTH 4.25%

3.14 5M
municipal

PORT AUTH N Y & N J 4%

2.99 5M
municipal

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