Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.4%
1 yr return
4.1%
3 Yr Avg Return
-1.3%
5 Yr Avg Return
0.9%
Net Assets
$335 M
Holdings in Top 10
23.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.33%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 21.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SMHLX - Profile
Distributions
- YTD Total Return -0.4%
- 3 Yr Annualized Total Return -1.3%
- 5 Yr Annualized Total Return 0.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.64%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameWestern Asset Municipal High Income Fund
-
Fund Family NameFRANKLIN TEMPLETON
-
Inception DateOct 05, 1998
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid Fare
Fund Description
SMHLX - Performance
Return Ranking - Trailing
Period | SMHLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.4% | -4.2% | 3.0% | 78.74% |
1 Yr | 4.1% | -3.2% | 8.4% | 64.25% |
3 Yr | -1.3%* | -10.0% | 1.6% | 29.21% |
5 Yr | 0.9%* | -4.9% | 524.9% | 58.55% |
10 Yr | 2.3%* | 0.0% | 155.5% | 77.17% |
* Annualized
Return Ranking - Calendar
Period | SMHLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.7% | -1.5% | 7.5% | 25.12% |
2022 | -13.7% | -26.9% | -3.5% | 16.18% |
2021 | 0.8% | -1.9% | 5.6% | 79.10% |
2020 | 0.3% | -10.1% | 4.2% | 58.79% |
2019 | 3.5% | 2.0% | 9.1% | 91.19% |
Total Return Ranking - Trailing
Period | SMHLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.4% | -4.2% | 3.0% | 78.74% |
1 Yr | 4.1% | -3.2% | 8.4% | 64.25% |
3 Yr | -1.3%* | -10.0% | 1.6% | 29.21% |
5 Yr | 0.9%* | -4.9% | 524.9% | 58.55% |
10 Yr | 2.3%* | 0.0% | 155.5% | 77.17% |
* Annualized
Total Return Ranking - Calendar
Period | SMHLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.7% | 0.4% | 10.9% | 35.75% |
2022 | -11.0% | -26.9% | -2.9% | 16.18% |
2021 | 3.6% | -1.9% | 10.0% | 83.58% |
2020 | 2.4% | -4.1% | 8.2% | 72.86% |
2019 | 7.3% | 3.5% | 1028633.9% | 80.83% |
NAV & Total Return History
SMHLX - Holdings
Concentration Analysis
SMHLX | Category Low | Category High | SMHLX % Rank | |
---|---|---|---|---|
Net Assets | 335 M | 9.79 K | 16.1 B | 67.63% |
Number of Holdings | 230 | 1 | 3076 | 73.79% |
Net Assets in Top 10 | 77.7 M | -102 M | 3.44 B | 60.19% |
Weighting of Top 10 | 23.49% | 4.7% | 100.7% | 15.61% |
Top 10 Holdings
- M-S-R Energy Authority 5.41%
- Bartow County Development Authority 2.49%
- City of Houston TX Airport System Revenue 2.27%
- California Pollution Control Financing Authority 2.27%
- New York Transportation Development Corp 2.06%
- Industrial Development Authority of the City of Phoenix Arizona/The 2.03%
- City of Houston TX Airport System Revenue 1.97%
- Pennsylvania Economic Development Financing Authority 1.74%
- Public Authority for Colorado Energy 1.70%
- Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 1.57%
Asset Allocation
Weighting | Return Low | Return High | SMHLX % Rank | |
---|---|---|---|---|
Bonds | 101.35% | 0.00% | 146.69% | 13.40% |
Other | 0.02% | -12.04% | 9.96% | 12.14% |
Stocks | 0.00% | 0.00% | 99.38% | 72.73% |
Preferred Stocks | 0.00% | -47.61% | 1.89% | 61.65% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 61.65% |
Cash | 0.00% | -0.64% | 100.00% | 92.72% |
Bond Sector Breakdown
Weighting | Return Low | Return High | SMHLX % Rank | |
---|---|---|---|---|
Municipal | 99.91% | 0.00% | 100.00% | 11.65% |
Derivative | 0.02% | -12.35% | 1.55% | 6.80% |
Cash & Equivalents | 0.00% | 0.00% | 100.00% | 82.04% |
Securitized | 0.00% | 0.00% | 22.44% | 64.08% |
Corporate | 0.00% | 0.00% | 2.83% | 79.61% |
Government | 0.00% | 0.00% | 0.09% | 65.05% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | SMHLX % Rank | |
---|---|---|---|---|
US | 101.35% | 0.00% | 139.84% | 13.59% |
Non US | 0.00% | 0.00% | 13.35% | 67.96% |
SMHLX - Expenses
Operational Fees
SMHLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.33% | 0.21% | 3.44% | 33.17% |
Management Fee | 0.45% | 0.00% | 1.41% | 28.71% |
12b-1 Fee | 0.70% | 0.00% | 1.00% | 64.86% |
Administrative Fee | N/A | 0.02% | 0.35% | N/A |
Sales Fees
SMHLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 4.50% | N/A |
Deferred Load | 1.00% | 1.00% | 5.00% | 64.86% |
Trading Fees
SMHLX 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.
SMHLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 21.00% | 2.00% | 121.00% | 52.60% |
SMHLX - Distributions
Dividend Yield Analysis
SMHLX | Category Low | Category High | SMHLX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 6.74% | 72.73% |
Dividend Distribution Analysis
SMHLX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
SMHLX | Category Low | Category High | SMHLX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.64% | 1.11% | 5.70% | 75.12% |
Capital Gain Distribution Analysis
SMHLX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 28, 2024 | $0.035 | OrdinaryDividend |
Feb 29, 2024 | $0.033 | OrdinaryDividend |
Jan 31, 2024 | $0.037 | DailyAccrualFund |
Dec 29, 2023 | $0.040 | DailyAccrualFund |
Nov 30, 2023 | $0.036 | DailyAccrualFund |
Oct 31, 2023 | $0.036 | OrdinaryDividend |
Sep 29, 2023 | $0.036 | DailyAccrualFund |
Aug 31, 2023 | $0.036 | DailyAccrualFund |
Jul 31, 2023 | $0.034 | DailyAccrualFund |
Jun 30, 2023 | $0.038 | DailyAccrualFund |
May 31, 2023 | $0.036 | DailyAccrualFund |
Apr 28, 2023 | $0.033 | DailyAccrualFund |
Mar 31, 2023 | $0.039 | DailyAccrualFund |
Feb 28, 2023 | $0.033 | DailyAccrualFund |
Jan 31, 2023 | $0.034 | DailyAccrualFund |
Dec 30, 2022 | $0.038 | DailyAccrualFund |
Nov 30, 2022 | $0.033 | DailyAccrualFund |
Oct 31, 2022 | $0.033 | DailyAccrualFund |
Sep 30, 2022 | $0.035 | DailyAccrualFund |
Aug 31, 2022 | $0.033 | DailyAccrualFund |
Jul 29, 2022 | $0.032 | DailyAccrualFund |
Jun 30, 2022 | $0.030 | DailyAccrualFund |
May 31, 2022 | $0.031 | DailyAccrualFund |
Apr 29, 2022 | $0.031 | DailyAccrualFund |
Mar 31, 2022 | $0.030 | DailyAccrualFund |
Feb 28, 2022 | $0.026 | DailyAccrualFund |
Jan 31, 2022 | $0.025 | DailyAccrualFund |
Dec 31, 2021 | $0.028 | DailyAccrualFund |
Nov 30, 2021 | $0.027 | DailyAccrualFund |
Oct 29, 2021 | $0.029 | DailyAccrualFund |
Sep 30, 2021 | $0.027 | DailyAccrualFund |
Aug 31, 2021 | $0.027 | DailyAccrualFund |
Jul 30, 2021 | $0.030 | DailyAccrualFund |
Jun 30, 2021 | $0.030 | DailyAccrualFund |
May 28, 2021 | $0.029 | DailyAccrualFund |
Apr 30, 2021 | $0.033 | DailyAccrualFund |
Mar 31, 2021 | $0.032 | DailyAccrualFund |
Feb 26, 2021 | $0.029 | DailyAccrualFund |
Jan 29, 2021 | $0.029 | DailyAccrualFund |
Dec 31, 2020 | $0.035 | DailyAccrualFund |
Nov 30, 2020 | $0.031 | DailyAccrualFund |
Oct 30, 2020 | $0.034 | DailyAccrualFund |
Sep 30, 2020 | $0.031 | DailyAccrualFund |
Aug 31, 2020 | $0.030 | DailyAccrualFund |
Jul 31, 2020 | $0.036 | DailyAccrualFund |
Jun 30, 2020 | $0.032 | DailyAccrualFund |
May 29, 2020 | $0.034 | DailyAccrualFund |
Apr 30, 2020 | $0.034 | DailyAccrualFund |
Mar 31, 2020 | $0.035 | DailyAccrualFund |
Feb 28, 2020 | $0.032 | DailyAccrualFund |
Jan 31, 2020 | $0.037 | DailyAccrualFund |
Dec 31, 2019 | $0.037 | DailyAccrualFund |
Nov 29, 2019 | $0.038 | DailyAccrualFund |
Oct 31, 2019 | $0.038 | DailyAccrualFund |
Sep 30, 2019 | $0.037 | DailyAccrualFund |
Aug 30, 2019 | $0.044 | DailyAccrualFund |
Jul 31, 2019 | $0.042 | DailyAccrualFund |
May 31, 2019 | $0.046 | DailyAccrualFund |
Apr 30, 2019 | $0.045 | DailyAccrualFund |
Mar 29, 2019 | $0.049 | DailyAccrualFund |
Feb 28, 2019 | $0.044 | DailyAccrualFund |
Jan 31, 2019 | $0.044 | DailyAccrualFund |
Dec 31, 2018 | $0.043 | DailyAccrualFund |
Nov 30, 2018 | $0.046 | DailyAccrualFund |
Oct 31, 2018 | $0.045 | DailyAccrualFund |
Aug 31, 2018 | $0.046 | DailyAccrualFund |
Jul 31, 2018 | $0.040 | DailyAccrualFund |
Jun 29, 2018 | $0.042 | DailyAccrualFund |
May 31, 2018 | $0.043 | DailyAccrualFund |
Apr 30, 2018 | $0.041 | DailyAccrualFund |
Mar 29, 2018 | $0.046 | DailyAccrualFund |
Feb 28, 2018 | $0.041 | DailyAccrualFund |
Jan 31, 2018 | $0.044 | DailyAccrualFund |
Dec 29, 2017 | $0.048 | DailyAccrualFund |
Nov 30, 2017 | $0.044 | DailyAccrualFund |
Oct 31, 2017 | $0.044 | DailyAccrualFund |
Sep 29, 2017 | $0.046 | DailyAccrualFund |
Aug 31, 2017 | $0.044 | DailyAccrualFund |
Jul 31, 2017 | $0.041 | DailyAccrualFund |
Jun 30, 2017 | $0.046 | DailyAccrualFund |
May 31, 2017 | $0.045 | DailyAccrualFund |
Apr 28, 2017 | $0.042 | DailyAccrualFund |
Mar 31, 2017 | $0.049 | DailyAccrualFund |
Feb 28, 2017 | $0.041 | DailyAccrualFund |
Jan 31, 2017 | $0.040 | DailyAccrualFund |
Dec 30, 2016 | $0.045 | DailyAccrualFund |
Nov 30, 2016 | $0.040 | DailyAccrualFund |
Oct 31, 2016 | $0.039 | DailyAccrualFund |
Sep 30, 2016 | $0.043 | DailyAccrualFund |
Aug 31, 2016 | $0.041 | DailyAccrualFund |
Jul 29, 2016 | $0.041 | DailyAccrualFund |
Jun 30, 2016 | $0.040 | DailyAccrualFund |
May 31, 2016 | $0.040 | DailyAccrualFund |
Apr 29, 2016 | $0.040 | DailyAccrualFund |
Mar 31, 2016 | $0.042 | DailyAccrualFund |
Feb 29, 2016 | $0.039 | DailyAccrualFund |
Jan 29, 2016 | $0.038 | DailyAccrualFund |
Dec 31, 2015 | $0.048 | DailyAccrualFund |
Nov 30, 2015 | $0.043 | DailyAccrualFund |
Oct 30, 2015 | $0.048 | DailyAccrualFund |
Sep 30, 2015 | $0.045 | DailyAccrualFund |
Aug 31, 2015 | $0.043 | DailyAccrualFund |
Jul 31, 2015 | $0.050 | DailyAccrualFund |
Jun 30, 2015 | $0.045 | DailyAccrualFund |
May 29, 2015 | $0.046 | DailyAccrualFund |
Apr 30, 2015 | $0.045 | DailyAccrualFund |
Mar 31, 2015 | $0.045 | DailyAccrualFund |
Feb 27, 2015 | $0.043 | DailyAccrualFund |
Jan 30, 2015 | $0.048 | DailyAccrualFund |
Dec 31, 2014 | $0.048 | DailyAccrualFund |
Nov 28, 2014 | $0.044 | DailyAccrualFund |
Oct 31, 2014 | $0.053 | DailyAccrualFund |
Sep 30, 2014 | $0.046 | DailyAccrualFund |
Aug 29, 2014 | $0.049 | DailyAccrualFund |
Jul 31, 2014 | $0.046 | DailyAccrualFund |
Jun 30, 2014 | $0.045 | DailyAccrualFund |
May 30, 2014 | $0.047 | DailyAccrualFund |
Apr 30, 2014 | $0.047 | DailyAccrualFund |
Mar 31, 2014 | $0.046 | DailyAccrualFund |
Feb 28, 2014 | $0.040 | DailyAccrualFund |
Jan 31, 2014 | $0.048 | DailyAccrualFund |
Dec 31, 2013 | $0.047 | DailyAccrualFund |
Nov 29, 2013 | $0.047 | DailyAccrualFund |
Oct 31, 2013 | $0.047 | DailyAccrualFund |
Sep 30, 2013 | $0.046 | DailyAccrualFund |
Aug 30, 2013 | $0.048 | DailyAccrualFund |
Jul 31, 2013 | $0.048 | DailyAccrualFund |
Jun 28, 2013 | $0.042 | DailyAccrualFund |
May 31, 2013 | $0.044 | DailyAccrualFund |
Apr 30, 2013 | $0.043 | DailyAccrualFund |
Mar 28, 2013 | $0.045 | DailyAccrualFund |
Feb 28, 2013 | $0.040 | DailyAccrualFund |
Jan 31, 2013 | $0.046 | DailyAccrualFund |
Dec 31, 2012 | $0.046 | DailyAccrualFund |
Nov 30, 2012 | $0.044 | DailyAccrualFund |
Oct 31, 2012 | $0.046 | DailyAccrualFund |
Sep 28, 2012 | $0.040 | DailyAccrualFund |
Aug 31, 2012 | $0.052 | DailyAccrualFund |
Jul 31, 2012 | $0.046 | DailyAccrualFund |
Jun 29, 2012 | $0.050 | DailyAccrualFund |
May 31, 2012 | $0.051 | DailyAccrualFund |
Apr 30, 2012 | $0.049 | DailyAccrualFund |
Mar 30, 2012 | $0.052 | DailyAccrualFund |
Feb 29, 2012 | $0.045 | DailyAccrualFund |
Jan 31, 2012 | $0.048 | DailyAccrualFund |
Dec 30, 2011 | $0.056 | DailyAccrualFund |
Nov 30, 2011 | $0.050 | DailyAccrualFund |
Oct 31, 2011 | $0.047 | DailyAccrualFund |
Sep 30, 2011 | $0.051 | DailyAccrualFund |
Aug 31, 2011 | $0.054 | DailyAccrualFund |
Jul 29, 2011 | $0.055 | DailyAccrualFund |
Jun 30, 2011 | $0.054 | DailyAccrualFund |
May 31, 2011 | $0.053 | DailyAccrualFund |
Apr 29, 2011 | $0.056 | DailyAccrualFund |
Mar 31, 2011 | $0.055 | DailyAccrualFund |
Feb 28, 2011 | $0.050 | DailyAccrualFund |
Jan 31, 2011 | $0.053 | DailyAccrualFund |
Dec 31, 2010 | $0.060 | DailyAccrualFund |
Nov 30, 2010 | $0.053 | DailyAccrualFund |
Oct 29, 2010 | $0.053 | DailyAccrualFund |
Sep 30, 2010 | $0.051 | DailyAccrualFund |
Aug 31, 2010 | $0.052 | DailyAccrualFund |
Jul 30, 2010 | $0.056 | DailyAccrualFund |
Jun 30, 2010 | $0.054 | DailyAccrualFund |
May 28, 2010 | $0.053 | DailyAccrualFund |
Apr 30, 2010 | $0.057 | DailyAccrualFund |
Mar 31, 2010 | $0.056 | DailyAccrualFund |
Feb 26, 2010 | $0.050 | DailyAccrualFund |
Jan 29, 2010 | $0.050 | DailyAccrualFund |
Dec 31, 2009 | $0.062 | DailyAccrualFund |
Nov 30, 2009 | $0.053 | DailyAccrualFund |
Oct 30, 2009 | $0.057 | DailyAccrualFund |
Sep 30, 2009 | $0.054 | DailyAccrualFund |
Aug 31, 2009 | $0.053 | DailyAccrualFund |
Jul 31, 2009 | $0.062 | DailyAccrualFund |
Jun 30, 2009 | $0.054 | DailyAccrualFund |
May 29, 2009 | $0.055 | DailyAccrualFund |
Apr 30, 2009 | $0.054 | DailyAccrualFund |
Mar 31, 2009 | $0.054 | DailyAccrualFund |
Feb 27, 2009 | $0.052 | DailyAccrualFund |
Jan 30, 2009 | $0.058 | DailyAccrualFund |
Dec 31, 2008 | $0.061 | DailyAccrualFund |
Nov 28, 2008 | $0.055 | DailyAccrualFund |
Oct 31, 2008 | $0.064 | DailyAccrualFund |
Sep 30, 2008 | $0.054 | DailyAccrualFund |
Aug 29, 2008 | $0.057 | DailyAccrualFund |
Jul 31, 2008 | $0.055 | DailyAccrualFund |
Jun 30, 2008 | $0.052 | DailyAccrualFund |
May 30, 2008 | $0.057 | DailyAccrualFund |
Apr 30, 2008 | $0.055 | DailyAccrualFund |
Mar 31, 2008 | $0.052 | DailyAccrualFund |
Feb 29, 2008 | $0.057 | DailyAccrualFund |
Jan 31, 2008 | $0.053 | DailyAccrualFund |
Dec 31, 2007 | $0.053 | DailyAccrualFund |
Nov 30, 2007 | $0.057 | OrdinaryDividend |
Oct 31, 2007 | $0.056 | OrdinaryDividend |
Sep 28, 2007 | $0.048 | OrdinaryDividend |
Aug 31, 2007 | $0.060 | OrdinaryDividend |
Jul 31, 2007 | $0.051 | OrdinaryDividend |
Jun 29, 2007 | $0.054 | OrdinaryDividend |
May 31, 2007 | $0.054 | OrdinaryDividend |
Apr 30, 2007 | $0.051 | OrdinaryDividend |
Mar 30, 2007 | $0.057 | OrdinaryDividend |
Feb 28, 2007 | $0.050 | OrdinaryDividend |
Jan 31, 2007 | $0.052 | OrdinaryDividend |
Dec 29, 2006 | $0.059 | OrdinaryDividend |
Nov 30, 2006 | $0.058 | OrdinaryDividend |
Oct 31, 2006 | $0.060 | OrdinaryDividend |
Sep 29, 2006 | $0.060 | OrdinaryDividend |
Aug 31, 2006 | $0.063 | OrdinaryDividend |
Jul 31, 2006 | $0.064 | OrdinaryDividend |
Jun 30, 2006 | $0.065 | OrdinaryDividend |
May 31, 2006 | $0.058 | OrdinaryDividend |
Apr 28, 2006 | $0.054 | OrdinaryDividend |
SMHLX - Fund Manager Analysis
Managers
David Fare
Start Date
Tenure
Tenure Rank
Jan 03, 2006
16.42
16.4%
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
May 17, 2007
15.05
15.1%
– 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 |
---|---|---|---|
0.06 | 21.43 | 7.46 | 2.52 |