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Morningstar

Western Asset New York Municipals I SNPYX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 11.81  /  +0.01 %
  • Total Assets 316.7 Mil
  • Adj. Expense Ratio
    0.550%
  • Expense Ratio 0.550%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Muni New York Long
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 3.17%
  • Effective Duration 7.77 years

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 12:33 AM GMT+0

Morningstar’s Analysis SNPYX

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

  • People Pillar

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

Strength in Western Asset New York Municipals I'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 portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings SNPYX

More SNPYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 33.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4%

4.51 14.6 Mil
municipal

TRIBOROUGH BRDG & TUNL AUTH N Y REVS 0%

4.07 13.2 Mil
municipal

LIBERTY N Y DEV CORP REV 5.5%

3.41 11.0 Mil
municipal

PORT AUTH N Y & N J 5%

3.36 10.9 Mil
municipal

METROPOLITAN TRANSN AUTH N Y DEDICATED TAX FD 5%

3.23 10.5 Mil
municipal

NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%

3.12 10.1 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4%

3.12 10.1 Mil
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 5%

2.98 9.7 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH BLDG AID REV 5%

2.96 9.6 Mil
municipal

NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%

2.92 9.5 Mil
municipal