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Morningstar

Western Asset Oregon Municipals A SHORX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 9.49  /  −0.20 %
  • Total Assets 46.8 Mil
  • Adj. Expense Ratio
    0.750%
  • Expense Ratio 0.750%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Muni Single State Long
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.31%
  • Effective Duration 6.40 years

USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 1:21 AM GMT+0

Morningstar’s Analysis SHORX

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

  • People Pillar

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

Strength in Western Asset Oregon Municipals A's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings SHORX

More SHORX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 50.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

UNIVERSITY OREGON GEN REV 5%

8.82 4.2 Mil
municipal

METRO ORE DEDICATED TAX REV 5%

6.65 3.1 Mil
municipal

WASHINGTON MULTNOMAH & YAMHILLCNTYS ORE SCH DIST NO 1J HILLSBORO 5%

5.62 2.6 Mil
municipal

OREGON ST 4%

5.36 2.5 Mil
municipal

WASHINGTON & CLACKAMAS CNTYS ORE SCH DIST NO 23 J TIGARD 5%

4.69 2.2 Mil
municipal

SALEM ORE HOSP FAC AUTH REV 5%

4.64 2.2 Mil
municipal

OREGON ST UNIV GEN REV 5%

4.40 2.1 Mil
municipal

CLACKAMAS CNTY ORE SCH DIST NO 12 NORTH CLACKAMAS 5%

3.99 1.9 Mil
municipal

LANE CNTY ORE SCH DIST NO 019 SPRINGFIELD 0%

3.49 1.6 Mil
municipal

PORT PORTLAND ORE ARPT REV 5%

3.23 1.5 Mil
municipal