The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.
Western Asset New Jersey Municipals I LNJIX
- NAV / 1-Day Return 11.46 / −0.08 %
- Total Assets 143.6 Mil
-
Adj. Expense Ratio
0.550%
- Expense Ratio 0.550%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Muni New Jersey
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 3.31%
- Effective Duration 6.97 years
USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 12:33 AM GMT+0
Morningstar’s Analysis LNJIX
Will LNJIX 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 42.7
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
NEW JERSEY ECONOMIC DEV AUTH REV 5% | 7.37 | 10.8 Mil | municipal |
TOBACCO SETTLEMENT FING CORP N J 5% | 4.78 | 7.0 Mil | municipal |
NEW JERSEY ECONOMIC DEV AUTH MTR VEH SURCHARGES REV 4% | 4.54 | 6.7 Mil | municipal |
NEW JERSEY ST TPK AUTH TPK REV 5% | 4.32 | 6.3 Mil | municipal |
NEW JERSEY HEALTH CARE FACS FING AUTH 5% | 3.99 | 5.9 Mil | municipal |
NEW JERSEY ST TRANSN TR FD AUTH 5% | 3.58 | 5.3 Mil | municipal |
NEW JERSEY ST TRANSN TR FD AUTH 5% | 3.57 | 5.2 Mil | municipal |
NEW JERSEY ECONOMIC DEV AUTH SPL FAC REV 5% | 3.55 | 5.2 Mil | municipal |
NEW JERSEY ECONOMIC DEV AUTH REV 5% | 3.55 | 5.2 Mil | municipal |
NEW JERSEY ST TRANSN TR FD AUTH 4.25% | 3.49 | 5.1 Mil | municipal |