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Morningstar

Western Asset Municipal High Income A STXAX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 12.47  /  0.33 %
  • Total Assets 310.9 Mil
  • Adj. Expense Ratio
    0.730%
  • Expense Ratio 0.730%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 4.24%
  • Effective Duration 7.70 years

USD | NAV as of Nov 29, 2023 | 1-Day Return as of Nov 29, 2023, 1:33 AM GMT+0

Morningstar’s Analysis STXAX

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

People Pillar

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

Strength in Western Asset Municipal High Income 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 STXAX

More STXAX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 223
  • Other Holdings 1
  • % Assets in Top 10 Holdings 25.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

M-S-R ENERGY AUTH CALIF GAS REV 7%

5.55
16,788,893
municipal

JEFFERSON CNTY ALA SWR REV 7.9%

3.83
11,588,299
municipal

HOUSTON TEX ARPT SYS REV 5%

2.43
7,351,290
municipal

CALIFORNIA POLLUTION CTL FING AUTH WTR FURNISHING REV 5%

2.39
7,227,110
municipal

HOUSTON TEX ARPT SYS REV 6.5%

2.18
6,589,720
municipal

PHOENIX ARIZ INDL DEV AUTH ED REV 5%

2.08
6,281,541
municipal

PENNSYLVANIA ECONOMIC DEV FING AUTH PRIVATE ACTIVITY REV 5.25%

1.76
5,320,803
municipal

PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.5%

1.70
5,143,177
municipal

HOUSTON TEX ARPT SYS REV 6.625%

1.68
5,070,803
municipal

ILLINOIS ST 5%

1.61
4,869,850
municipal