Western Asset Managed Municipals is managed by an experienced team that plies a thoughtful and repeatable investment approach. The strategy earns a Morningstar Analyst Rating of Bronze for its cheaper share classes and Neutral for its more expensive C and A shares.
Will SHMMX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SHMMX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the SHMMX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of SHMMX’s parent organization’s priorities and whether they’re in line with investors’ interests.