Morningstar

Western Asset New Jersey Municipals Fund Class A SHNJX

Morningstar Medalist Rating
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Medalist Rating as of See Franklin Templeton Investment Hub
  • NAV / 1-Day Return $10.96  /  0.00
  • Fund Size $136.8M
  • Adjusted Expense Ratio 0.810%
  • Net Expense Ratio 0.780%
  • Fee Level: Distribution Average
  • Share Class Type Front Load
  • Morningstar Category Muni New Jersey
  • Fixed-Income Style Box (Funds) Medium/Extensive
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 3.41%
  • Average Effective Duration 7.22 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis SHNJX

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

  • People Pillar

    The People Pillar is our evaluation of the SHNJX 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 SHNJX’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 A holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings SHNJX

More SHNJX 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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