Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
Western Asset California Municipals C SCACX
- NAV / 1-Day Return 14.05 / +0.09 %
- Total Assets 235.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.280%
- Distribution Fee Level Below Average
- Share Class Type Level Load
- Category Muni California Long
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 2.39%
- Effective Duration 6.82 years
USD | NAV as of Jul 27, 2024 | 1-Day Return as of Jul 27, 2024, 1:16 AM GMT+0
Morningstar’s Analysis SCACX
Will SCACX 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 30.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
CALIFORNIA POLLUTION CTL FING AUTH WTR FURNISHING REV 5% | 4.55 | 10.8 Mil | municipal |
RIVERSIDE CNTY CALIF TRANSN COMMN SALES TAX REV 5% | 4.47 | 10.6 Mil | municipal |
NORTHERN CALIF ENERGY AUTH COMMODITY SUPPLY REV 5% | 3.36 | 8.0 Mil | municipal |
ALAMEDA CORRIDOR TRANSN AUTH CALIF REV 5% | 2.84 | 6.7 Mil | municipal |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4% | 2.80 | 6.6 Mil | municipal |
CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 5% | 2.73 | 6.5 Mil | municipal |
LONG BEACH CALIF BD FIN AUTH NAT GAS PUR REV 5.5% | 2.41 | 5.7 Mil | municipal |
SAN DIEGO CNTY CALIF REGL ARPT AUTH ARPT REV 5% | 2.37 | 5.6 Mil | municipal |
SACRAMENTO CALIF MUN UTIL DIST ELEC REV 5% | 2.35 | 5.6 Mil | municipal |
LOS ANGELES CALIF DEPT WTR & PWR REV 5% | 2.26 | 5.3 Mil | municipal |