Morningstar

Western Asset Massachusetts Municipals Fund Class C SMALX

Morningstar Medalist Rating
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Medalist Rating as of See Franklin Templeton Investment Hub
  • NAV / 1-Day Return $11.05  /  +0.27 %
  • Fund Size $27.2M
  • Adjusted Expense Ratio 1.300%
  • Net Expense Ratio 1.300%
  • Fee Level: Distribution Low
  • Share Class Type Level Load
  • Morningstar Category Muni Massachusetts
  • Fixed-Income Style Box (Funds) Medium/Extensive
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 2.17%
  • Average Effective Duration 8.46 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis SMALX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Western Asset Massachusetts Muni C 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 SMALX

More SMALX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 47.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MASSACHUSETTS ST DEV FIN AGY REV 5.25%

6.15 2M
municipal

MASSACHUSETTS ST DEV FIN AGY REV 4%

6.04 2M
municipal

MASSACHUSETTS ST DEV FIN AGY REV 5%

5.71 2M
municipal

MASSACHUSETTS ST DEV FIN AGY REV 5%

4.80 1M
municipal

MASSACHUSETTS ST DEV FIN AGY REV 5%

4.61 1M
municipal

MASSACHUSETTS ST PORT AUTH REV 5%

4.43 1M
municipal

PLYMOUTH MASS 3.5%

4.31 1M
municipal

MASSACHUSETTS ST SPL OBLIG DEDICATED TAX REV 5.5%

4.02 1M
municipal

MASSACHUSETTS ST DEV FIN AGY REV 5%

3.73 1M
municipal

MASSACHUSETTS ST DEV FIN AGY REV 5%

3.72 1M
municipal

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