Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.4%
1 yr return
2.6%
3 Yr Avg Return
-1.4%
5 Yr Avg Return
N/A
Net Assets
$246 M
Holdings in Top 10
27.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.55%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 17.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SHRSX - Profile
Distributions
- YTD Total Return -0.4%
- 3 Yr Annualized Total Return -1.4%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.46%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameWestern Asset California Municipals Fund
-
Fund Family NameFRANKLIN TEMPLETON
-
Inception DateAug 09, 2019
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid Fare
Fund Description
SHRSX - Performance
Return Ranking - Trailing
Period | SHRSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.4% | -4.7% | 10.2% | 26.57% |
1 Yr | 2.6% | -3.9% | 31.6% | 45.85% |
3 Yr | -1.4%* | -11.3% | 2.5% | 51.82% |
5 Yr | N/A* | -6.0% | 1102.0% | 49.19% |
10 Yr | N/A* | -0.4% | 248.1% | 39.37% |
* Annualized
Return Ranking - Calendar
Period | SHRSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.7% | -1.4% | 41.0% | 53.28% |
2022 | -12.9% | -39.7% | 0.3% | 69.55% |
2021 | -1.5% | -5.6% | 6.9% | 91.77% |
2020 | -0.6% | -2.6% | 310.0% | 98.17% |
2019 | N/A | 0.0% | 26.0% | N/A |
Total Return Ranking - Trailing
Period | SHRSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.4% | -4.7% | 10.2% | 26.57% |
1 Yr | 2.6% | -3.9% | 31.6% | 45.85% |
3 Yr | -1.4%* | -11.3% | 2.5% | 51.82% |
5 Yr | N/A* | -6.0% | 1102.0% | 40.64% |
10 Yr | N/A* | -0.4% | 248.1% | 37.51% |
* Annualized
Total Return Ranking - Calendar
Period | SHRSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.2% | -1.3% | 41.0% | 36.13% |
2022 | -10.1% | -39.7% | 1.1% | 60.71% |
2021 | 2.6% | -4.8% | 23761504.0% | 22.03% |
2020 | 3.7% | -1.5% | 17057.9% | 53.87% |
2019 | N/A | 0.2% | 3514.6% | N/A |
NAV & Total Return History
SHRSX - Holdings
Concentration Analysis
SHRSX | Category Low | Category High | SHRSX % Rank | |
---|---|---|---|---|
Net Assets | 246 M | 3.22 M | 71.9 B | 65.14% |
Number of Holdings | 123 | 2 | 13067 | 77.89% |
Net Assets in Top 10 | 68 M | -317 M | 3.4 B | 55.27% |
Weighting of Top 10 | 26.99% | 1.9% | 100.4% | 16.30% |
Top 10 Holdings
- Riverside County Transportation Commission Sales Tax Revenue 4.20%
- California Pollution Control Financing Authority 4.14%
- Alameda Corridor Transportation Authority 2.64%
- California Infrastructure Economic Development Bank 2.57%
- California Community Choice Financing Authority 2.52%
- San Diego Public Facilities Financing Authority 2.43%
- Long Beach Bond Finance Authority 2.20%
- San Diego County Regional Airport Authority 2.15%
- Los Angeles Department of Water Power 2.07%
- Los Angeles Department of Water Power 2.06%
Asset Allocation
Weighting | Return Low | Return High | SHRSX % Rank | |
---|---|---|---|---|
Bonds | 101.18% | 0.00% | 150.86% | 7.04% |
Stocks | 0.00% | 0.00% | 99.81% | 81.40% |
Preferred Stocks | 0.00% | 0.00% | 0.52% | 79.19% |
Other | 0.00% | -8.54% | 33.35% | 75.31% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 79.17% |
Cash | 0.00% | -50.86% | 50.09% | 95.48% |
Bond Sector Breakdown
Weighting | Return Low | Return High | SHRSX % Rank | |
---|---|---|---|---|
Municipal | 99.87% | 44.39% | 100.00% | 18.11% |
Derivative | 0.00% | -8.54% | 23.38% | 73.17% |
Cash & Equivalents | 0.00% | 0.00% | 48.02% | 89.66% |
Securitized | 0.00% | 0.00% | 5.93% | 78.72% |
Corporate | 0.00% | 0.00% | 9.41% | 81.44% |
Government | 0.00% | 0.00% | 52.02% | 80.21% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | SHRSX % Rank | |
---|---|---|---|---|
US | 101.18% | 0.00% | 142.23% | 6.72% |
Non US | 0.00% | 0.00% | 23.89% | 80.93% |
SHRSX - Expenses
Operational Fees
SHRSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.55% | 0.01% | 20.65% | 76.38% |
Management Fee | 0.45% | 0.00% | 1.20% | 63.63% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
Sales Fees
SHRSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 4.75% | N/A |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
SHRSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
SHRSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 17.00% | 0.00% | 283.00% | 50.42% |
SHRSX - Distributions
Dividend Yield Analysis
SHRSX | Category Low | Category High | SHRSX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 14.56% | 31.72% |
Dividend Distribution Analysis
SHRSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
SHRSX | Category Low | Category High | SHRSX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.46% | -0.53% | 5.33% | 20.81% |
Capital Gain Distribution Analysis
SHRSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 28, 2024 | $0.037 | OrdinaryDividend |
Feb 29, 2024 | $0.035 | OrdinaryDividend |
Jan 31, 2024 | $0.038 | OrdinaryDividend |
Dec 29, 2023 | $0.040 | OrdinaryDividend |
Nov 30, 2023 | $0.036 | OrdinaryDividend |
Oct 31, 2023 | $0.035 | OrdinaryDividend |
Sep 29, 2023 | $0.036 | OrdinaryDividend |
Aug 31, 2023 | $0.036 | OrdinaryDividend |
Jul 31, 2023 | $0.033 | OrdinaryDividend |
Jun 30, 2023 | $0.037 | OrdinaryDividend |
May 31, 2023 | $0.036 | OrdinaryDividend |
Apr 28, 2023 | $0.032 | OrdinaryDividend |
Mar 31, 2023 | $0.038 | OrdinaryDividend |
Feb 28, 2023 | $0.032 | OrdinaryDividend |
Jan 31, 2023 | $0.033 | OrdinaryDividend |
Dec 30, 2022 | $0.037 | OrdinaryDividend |
Nov 30, 2022 | $0.033 | OrdinaryDividend |
Oct 31, 2022 | $0.032 | OrdinaryDividend |
Sep 30, 2022 | $0.034 | OrdinaryDividend |
Aug 31, 2022 | $0.032 | OrdinaryDividend |
Jul 29, 2022 | $0.031 | OrdinaryDividend |
May 31, 2022 | $0.031 | OrdinaryDividend |
Apr 29, 2022 | $0.032 | OrdinaryDividend |
Mar 31, 2022 | $0.032 | OrdinaryDividend |
Jan 31, 2022 | $0.030 | OrdinaryDividend |
Dec 31, 2021 | $0.034 | OrdinaryDividend |
Nov 30, 2021 | $0.032 | OrdinaryDividend |
Oct 29, 2021 | $0.033 | OrdinaryDividend |
Sep 30, 2021 | $0.032 | OrdinaryDividend |
Aug 31, 2021 | $0.031 | OrdinaryDividend |
Jul 30, 2021 | $0.033 | OrdinaryDividend |
Jun 30, 2021 | $0.031 | OrdinaryDividend |
May 28, 2021 | $0.033 | OrdinaryDividend |
Apr 30, 2021 | $0.044 | OrdinaryDividend |
Mar 31, 2021 | $0.043 | OrdinaryDividend |
Feb 26, 2021 | $0.038 | OrdinaryDividend |
Jan 29, 2021 | $0.036 | OrdinaryDividend |
Dec 31, 2020 | $0.044 | OrdinaryDividend |
Nov 30, 2020 | $0.039 | OrdinaryDividend |
Oct 30, 2020 | $0.044 | OrdinaryDividend |
Sep 30, 2020 | $0.034 | OrdinaryDividend |
Aug 31, 2020 | $0.034 | OrdinaryDividend |
Jul 31, 2020 | $0.039 | OrdinaryDividend |
Jun 30, 2020 | $0.038 | OrdinaryDividend |
May 29, 2020 | $0.037 | OrdinaryDividend |
Apr 30, 2020 | $0.036 | OrdinaryDividend |
Mar 31, 2020 | $0.036 | OrdinaryDividend |
Feb 28, 2020 | $0.034 | OrdinaryDividend |
Jan 31, 2020 | $0.039 | OrdinaryDividend |
Dec 31, 2019 | $0.037 | OrdinaryDividend |
Dec 06, 2019 | $0.085 | OrdinaryDividend |
Nov 29, 2019 | $0.042 | OrdinaryDividend |
Oct 31, 2019 | $0.043 | OrdinaryDividend |
Sep 30, 2019 | $0.041 | OrdinaryDividend |
Aug 30, 2019 | $0.032 | OrdinaryDividend |
SHRSX - Fund Manager Analysis
Managers
David Fare
Start Date
Tenure
Tenure Rank
Dec 31, 2004
17.42
17.4%
David T. Fare is a Portfolio Manager at Western Asset. He has been with Western Asset since 2005.
Robert Amodeo
Start Date
Tenure
Tenure Rank
Mar 02, 2007
15.26
15.3%
– Western Asset Management Company, LLC – Head of Municipals, 2005- – Salomon Brothers Asset Management – Analyst to Managing Director, Portfolio Manager, 1992-2005 – Salomon Brothers Inc. – Accountant to Analyst, 1988-1992 – The Bank of New York – Accountant, 1987-1988 – Columbia University, M.P.A., Advanced Management and Finance – Long Island University, B.S. – Chartered Financial Analyst
S. Leech
Start Date
Tenure
Tenure Rank
Mar 31, 2014
8.17
8.2%
– Western Asset Management Company, LLC – Chief Investment Officer, 1990– – Greenwich Capital Markets – Portfolio Manager, 1988–1990 – The First Boston Corporation – Fixed Income Manager, 1980–1988 – National Bank of Detroit – Portfolio Manager, 1977–1980 – The Wharton School, University of Pennsylvania, M.B.A., B.S., B.A., summa cum laude, 1972–1976
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.37 | 1.58 |