SHMMX : Western Asset Managed Municipals Fund Class A

SHMMX is a Bond Market Municipal Bond with MODERATE fees.

SHMMX

Western Asset Managed Municipals Fund Class A

FI Score

67 /100

Expense Ratio Rating

7 /10

Expense Rating

3 /10

Market Score

9 /10

Category Score

8 /10

Market Size

9 /10

67% FI Score
  • shmmx
  • Mutual Fund
  • Bond
  • Municipal Bond

Western Asset Managed Municipals Fund Class A

Expenses: 0.66% (Better than 1% of similar funds)

This is an OK choice for a Municipal Bond Bond fund. See why ยป

Fund Summary

The investment seeks to maximize current interest income that is excluded from gross income for regular federal income tax purposes to the extent consistent with prudent investment management and preservation of capital. The fund normally invests at least 80% of its assets in municipal securities and other investments with similar economic characteristics, the interest on which is exempt from regular federal income tax but which may be subject to the federal alternative minimum tax. It normally invests in intermediate-term and long-term municipal securities that have remaining maturities from one to more than thirty years at the time of purchase.

Largest Holdings

Amount Holding
1.49% JEFFERSON CNTY ALA SWR REV 0%
1.48% PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.5%
1.21% SOUTHEAST ALA GAS SUPPLY DIST GAS SUPPLY REV 4%
1.09% KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%
1.05% TEXAS MUN GAS ACQUISITION & SUPPLY CORP I GAS SUPPLY REV 6.25%
0.99% CHANDLER ARIZ INDL DEV AUTH INDL DEV REV 5%
0.88% M-S-R ENERGY AUTH CALIF GAS REV 6.5%
0.85% M-S-R ENERGY AUTH CALIF GAS REV 7%
0.83% PORT AUTH N Y & N J 5%
0.80% TENNESSEE ENERGY ACQUISITION CORP GAS REV 4%
0.77% REGIONAL TRANSN AUTH ILL 6%
0.69% NEW YORK TRANSN DEV CORP SPL FAC REV 5%
0.67% NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5%
0.65% BAY AREA TOLL AUTH CALIF TOLL BRDG REV 1.99%
0.65% KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%
0.64% M-S-R ENERGY AUTH CALIF GAS REV 7%
0.62% TEXAS PRIVATE ACTIVITY BD SURFACE TRANSN CORP REV 5%
0.61% NEW JERSEY ST TPK AUTH TPK REV 5%
0.59% ILLINOIS ST 5%
0.57% BROWARD CNTY FLA ARPT SYS REV 5%
0.56% METROPOLITAN PIER & EXPOSITION AUTH ILL REV 4%
0.56% CLARK CNTY NEV 5%
0.55% OHIO ST AIR QUALITY DEV AUTH REV 2.1%
0.55% ILLINOIS ST 5%
0.53% WASHINGTON ST HEALTH CARE FACS AUTH REV 6.25%

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