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Western Asset Massachusetts Muni C SMALX

Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 11.54  /  −0.08 %
  • Total Assets 56.4 Mil
  • Adj. Expense Ratio
    1.300%
  • Expense Ratio 1.300%
  • Distribution Fee Level Low
  • Share Class Type Level Load
  • Category Muni Massachusetts
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.07%
  • Effective Duration 7.51 years

USD | NAV as of Feb 22, 2024 | 1-Day Return as of Feb 22, 2024, 11:17 PM GMT+0

Morningstar’s Analysis SMALX

Will SMALX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Strength in Western Asset Massachusetts Muni C'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

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

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Portfolio Holdings SMALX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 50.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV 5%

6.57 3.6 Mil
municipal

MASSACHUSETTS ST PORT AUTH REV 5%

6.51 3.6 Mil
municipal

MASSACHUSETTS ST 5%

5.95 3.3 Mil
municipal

MASSACHUSETTS ST PORT AUTH SPL FACS REV 5%

5.71 3.2 Mil
municipal

MASSACHUSETTS DEPT TRANSN MET HWY SYS REV 5%

5.10 2.8 Mil
municipal

MASSACHUSETTS ST DEV FIN AGY REV 5%

4.68 2.6 Mil
municipal

MASSACHUSETTS ST SPL OBLIG DEDICATED TAX REV 5.5%

4.41 2.4 Mil
municipal

MASSACHUSETTS ST DEV FIN AGY REV 5%

4.18 2.3 Mil
municipal

MASSACHUSETTS ST DEV FIN AGY REV 4%

3.65 2.0 Mil
municipal

MASSACHUSETTS MUN WHSL ELEC CO REV 4%

3.58 2.0 Mil
municipal