Morningstar

Western Asset Pennsylvania Municipals Fund Class I LPPIX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 11.83  /  0.00
  • Total Assets 77.8M
  • Adj. Expense Ratio
    0.550%
  • Expense Ratio 0.550%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Muni Pennsylvania
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 3.09%
  • Effective Duration 7.07 years

USD | NAV as of Jul 18, 2026 | 1-Day Return as of Jul 18, 2026, 12:35 AM GMT+0

Morningstar’s Analysis LPPIX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Western Asset Pennsylvania Municipals I holds a quantitatively derived Bronze Morningstar Medalist Rating. The rating reflects that it has scored better than the norm on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
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Portfolio Holdings LPPIX

More LPPIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 45.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

WESTMORELAND CNTY PA MUN AUTH MUN SVC REV 0%

9.75 8M
municipal

PENNSYLVANIA ST TPK COMMN OIL FRANCHISE TAX REV 5%

6.71 5M
municipal

PENNSYLVANIA ST TPK COMMN TPK REV 5%

4.70 4M
municipal

PHILADELPHIA PA WTR & WASTEWTR REV 5%

4.41 3M
municipal

PHILADELPHIA PA ARPT REV 5%

3.89 3M
municipal

LANCASTER CNTY PA HOSP AUTH REV 5%

3.85 3M
municipal

PENNSYLVANIA ST HIGHER EDL FACS AUTH REV 5%

3.24 3M
municipal

PHILADELPHIA PA GAS WKS REV 5%

3.24 3M
municipal

WILKES-BARRE PA AREA SCH DIST 4%

2.66 2M
municipal

PHILADELPHIA PA AUTH FOR INDL DEV CITY SVC AGREEMENT REV 5%

2.65 2M
municipal

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