Morningstar

Western Asset California Municipals Fund Class A SHRCX

Morningstar Medalist Rating
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Medalist Rating as of See Franklin Templeton Investment Hub
  • NAV / 1-Day Return $13.45  /  +0.90 %
  • Fund Size $177.5M
  • Adjusted Expense Ratio 0.790%
  • Net Expense Ratio 0.900%
  • Fee Level: Distribution Average
  • Share Class Type Front Load
  • Morningstar Category Muni California Long
  • Fixed-Income Style Box (Funds) Medium/Extensive
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 3.48%
  • Average Effective Duration 9.34 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis SHRCX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Western Asset California 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 SHRCX

More SHRCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 34.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CALIFORNIA POLLUTION CTL FING AUTH WTR FURNISHING REV 5%

5.79 10M
municipal

NORTHERN CALIF ENERGY AUTH COMMODITY SUPPLY REV 5%

4.39 7M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4%

3.74 6M
municipal

LONG BEACH CALIF BD FIN AUTH NAT GAS PUR REV 5.5%

3.05 5M
municipal

SAN DIEGO CNTY CALIF REGL ARPT AUTH ARPT REV 5%

2.93 5M
municipal

SACRAMENTO CALIF MUN UTIL DIST ELEC REV 5%

2.93 5M
municipal

CALIFORNIA ST PUB WKS BRD LEASE REV 5%

2.88 5M
municipal

LOS ANGELES CALIF DEPT WTR & PWR REV 5%

2.87 5M
municipal

SOUTHERN CALIF PUB PWR AUTH NAT GAS PROJ REV 5%

2.84 5M
municipal

TENDER OPT BD TR RCPTS / CTFS VAR STS 0%

2.81 5M
municipal

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