Name
As of 04/30/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.8%
1 yr return
2.4%
3 Yr Avg Return
-0.7%
5 Yr Avg Return
1.4%
Net Assets
$146 M
Holdings in Top 10
41.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.65%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 5.00%
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 04/30/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
LNJIX - Profile
Distributions
- YTD Total Return -0.8%
- 3 Yr Annualized Total Return -0.7%
- 5 Yr Annualized Total Return 1.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.73%
- Dividend Yield 3.4%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameWestern Asset New Jersey Municipals Fund
-
Fund Family NameFRANKLIN TEMPLETON
-
Inception DateOct 20, 2008
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid Fare
Fund Description
LNJIX - Performance
Return Ranking - Trailing
Period | LNJIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.8% | -5.1% | 9.2% | 31.34% |
1 Yr | 2.4% | -5.0% | 27.9% | 35.00% |
3 Yr | -0.7%* | -11.4% | 2.7% | 20.49% |
5 Yr | 1.4%* | -6.3% | 1101.7% | 8.48% |
10 Yr | 2.4%* | -0.5% | 248.1% | 15.38% |
* Annualized
Return Ranking - Calendar
Period | LNJIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.3% | -1.4% | 41.0% | 29.15% |
2022 | -11.7% | -39.7% | 0.3% | 53.23% |
2021 | 1.4% | -5.6% | 6.9% | 4.05% |
2020 | 1.0% | -2.6% | 310.0% | 79.90% |
2019 | 3.5% | 0.0% | 26.0% | 62.19% |
Total Return Ranking - Trailing
Period | LNJIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.8% | -5.1% | 9.2% | 31.34% |
1 Yr | 2.4% | -5.0% | 27.9% | 35.00% |
3 Yr | -0.7%* | -11.4% | 2.7% | 20.49% |
5 Yr | 1.4%* | -6.3% | 1101.7% | 8.48% |
10 Yr | 2.4%* | -0.5% | 248.1% | 15.38% |
* Annualized
Total Return Ranking - Calendar
Period | LNJIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.1% | -1.3% | 41.0% | 16.46% |
2022 | -8.9% | -39.7% | 1.1% | 44.53% |
2021 | 4.5% | -4.8% | 23761504.0% | 4.18% |
2020 | 3.9% | -1.5% | 17057.9% | 44.94% |
2019 | 7.1% | 0.2% | 3514.6% | 34.33% |
NAV & Total Return History
LNJIX - Holdings
Concentration Analysis
LNJIX | Category Low | Category High | LNJIX % Rank | |
---|---|---|---|---|
Net Assets | 146 M | 3.22 M | 71.9 B | 78.50% |
Number of Holdings | 85 | 2 | 13067 | 90.03% |
Net Assets in Top 10 | 62.2 M | -317 M | 3.56 B | 57.73% |
Weighting of Top 10 | 41.85% | 2.0% | 100.2% | 4.40% |
Top 10 Holdings
- New Jersey Economic Development Authority 7.29%
- Tobacco Settlement Financing Corp 4.59%
- New Jersey Economic Development Authority 4.47%
- New Jersey Turnpike Authority 4.27%
- New Jersey Health Care Facilities Financing Authority 3.90%
- New Jersey Transportation Trust Fund Authority 3.53%
- New Jersey Transportation Trust Fund Authority 3.51%
- New Jersey Economic Development Authority 3.48%
- New Jersey Transportation Trust Fund Authority 3.43%
- New Jersey Economic Development Authority 3.38%
Asset Allocation
Weighting | Return Low | Return High | LNJIX % Rank | |
---|---|---|---|---|
Bonds | 102.52% | 0.00% | 150.86% | 3.36% |
Cash | 0.05% | -50.86% | 46.80% | 87.96% |
Stocks | 0.00% | 0.00% | 99.81% | 25.94% |
Preferred Stocks | 0.00% | 0.00% | 0.52% | 15.47% |
Other | 0.00% | -3.18% | 33.35% | 25.11% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 14.62% |
Bond Sector Breakdown
Weighting | Return Low | Return High | LNJIX % Rank | |
---|---|---|---|---|
Municipal | 99.92% | 44.39% | 100.00% | 15.79% |
Cash & Equivalents | 0.05% | 0.00% | 46.24% | 53.72% |
Derivative | 0.00% | -3.18% | 23.38% | 20.65% |
Securitized | 0.00% | 0.00% | 5.93% | 16.44% |
Corporate | 0.00% | 0.00% | 9.41% | 29.76% |
Government | 0.00% | 0.00% | 52.02% | 22.09% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | LNJIX % Rank | |
---|---|---|---|---|
US | 102.52% | 0.00% | 142.23% | 2.98% |
Non US | 0.00% | 0.00% | 23.89% | 24.08% |
LNJIX - Expenses
Operational Fees
LNJIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.65% | 0.01% | 20.65% | 59.75% |
Management Fee | 0.45% | 0.00% | 1.20% | 56.40% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
Sales Fees
LNJIX 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
LNJIX 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.
LNJIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 5.00% | 0.00% | 283.00% | 4.29% |
LNJIX - Distributions
Dividend Yield Analysis
LNJIX | Category Low | Category High | LNJIX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.40% | 0.00% | 14.28% | 20.31% |
Dividend Distribution Analysis
LNJIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
LNJIX | Category Low | Category High | LNJIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.73% | -0.53% | 5.33% | 11.39% |
Capital Gain Distribution Analysis
LNJIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 28, 2024 | $0.032 | OrdinaryDividend |
Feb 29, 2024 | $0.030 | OrdinaryDividend |
Jan 31, 2024 | $0.032 | DailyAccrualFund |
Dec 29, 2023 | $0.035 | DailyAccrualFund |
Nov 30, 2023 | $0.031 | DailyAccrualFund |
Oct 31, 2023 | $0.032 | DailyAccrualFund |
Sep 29, 2023 | $0.032 | DailyAccrualFund |
Aug 31, 2023 | $0.032 | DailyAccrualFund |
Jul 31, 2023 | $0.030 | DailyAccrualFund |
Jun 30, 2023 | $0.033 | DailyAccrualFund |
May 31, 2023 | $0.031 | DailyAccrualFund |
Apr 28, 2023 | $0.028 | DailyAccrualFund |
Mar 31, 2023 | $0.033 | DailyAccrualFund |
Feb 28, 2023 | $0.028 | DailyAccrualFund |
Jan 31, 2023 | $0.029 | DailyAccrualFund |
Dec 30, 2022 | $0.032 | DailyAccrualFund |
Nov 30, 2022 | $0.028 | DailyAccrualFund |
Oct 31, 2022 | $0.028 | DailyAccrualFund |
Sep 30, 2022 | $0.030 | DailyAccrualFund |
Aug 31, 2022 | $0.029 | DailyAccrualFund |
Jul 29, 2022 | $0.029 | DailyAccrualFund |
Jun 30, 2022 | $0.028 | DailyAccrualFund |
May 31, 2022 | $0.029 | DailyAccrualFund |
Apr 29, 2022 | $0.029 | DailyAccrualFund |
Mar 31, 2022 | $0.030 | DailyAccrualFund |
Feb 28, 2022 | $0.027 | DailyAccrualFund |
Jan 31, 2022 | $0.027 | DailyAccrualFund |
Dec 31, 2021 | $0.031 | DailyAccrualFund |
Nov 30, 2021 | $0.028 | DailyAccrualFund |
Oct 29, 2021 | $0.029 | DailyAccrualFund |
Sep 30, 2021 | $0.028 | DailyAccrualFund |
Aug 31, 2021 | $0.028 | DailyAccrualFund |
Jul 30, 2021 | $0.030 | DailyAccrualFund |
Jun 30, 2021 | $0.028 | DailyAccrualFund |
May 28, 2021 | $0.028 | DailyAccrualFund |
Apr 30, 2021 | $0.031 | DailyAccrualFund |
Mar 31, 2021 | $0.030 | DailyAccrualFund |
Feb 26, 2021 | $0.027 | DailyAccrualFund |
Jan 29, 2021 | $0.028 | DailyAccrualFund |
Dec 31, 2020 | $0.034 | DailyAccrualFund |
Nov 30, 2020 | $0.030 | DailyAccrualFund |
Oct 30, 2020 | $0.033 | DailyAccrualFund |
Sep 30, 2020 | $0.031 | DailyAccrualFund |
Aug 31, 2020 | $0.030 | OrdinaryDividend |
Jul 31, 2020 | $0.034 | OrdinaryDividend |
Jun 30, 2020 | $0.031 | OrdinaryDividend |
May 29, 2020 | $0.032 | OrdinaryDividend |
Apr 30, 2020 | $0.031 | OrdinaryDividend |
Mar 31, 2020 | $0.030 | DailyAccrualFund |
Feb 28, 2020 | $0.028 | OrdinaryDividend |
Jan 31, 2020 | $0.032 | OrdinaryDividend |
Dec 31, 2019 | $0.031 | DailyAccrualFund |
Nov 29, 2019 | $0.032 | DailyAccrualFund |
Oct 31, 2019 | $0.032 | DailyAccrualFund |
Sep 30, 2019 | $0.029 | DailyAccrualFund |
Aug 30, 2019 | $0.035 | DailyAccrualFund |
Jul 31, 2019 | $0.033 | DailyAccrualFund |
May 31, 2019 | $0.039 | DailyAccrualFund |
Apr 30, 2019 | $0.037 | DailyAccrualFund |
Mar 29, 2019 | $0.039 | DailyAccrualFund |
Feb 28, 2019 | $0.036 | DailyAccrualFund |
Jan 31, 2019 | $0.038 | DailyAccrualFund |
Dec 31, 2018 | $0.039 | DailyAccrualFund |
Nov 30, 2018 | $0.041 | DailyAccrualFund |
Oct 31, 2018 | $0.040 | DailyAccrualFund |
Aug 31, 2018 | $0.044 | DailyAccrualFund |
Jul 31, 2018 | $0.037 | DailyAccrualFund |
Jun 29, 2018 | $0.039 | DailyAccrualFund |
May 31, 2018 | $0.041 | DailyAccrualFund |
Apr 30, 2018 | $0.037 | DailyAccrualFund |
Mar 29, 2018 | $0.042 | DailyAccrualFund |
Feb 28, 2018 | $0.037 | DailyAccrualFund |
Jan 31, 2018 | $0.039 | DailyAccrualFund |
Dec 29, 2017 | $0.053 | DailyAccrualFund |
Nov 30, 2017 | $0.040 | DailyAccrualFund |
Oct 31, 2017 | $0.041 | DailyAccrualFund |
Sep 29, 2017 | $0.042 | DailyAccrualFund |
Aug 31, 2017 | $0.042 | DailyAccrualFund |
Jul 31, 2017 | $0.038 | DailyAccrualFund |
Jun 30, 2017 | $0.043 | DailyAccrualFund |
May 31, 2017 | $0.042 | DailyAccrualFund |
Apr 28, 2017 | $0.038 | DailyAccrualFund |
Mar 31, 2017 | $0.045 | DailyAccrualFund |
Feb 28, 2017 | $0.038 | DailyAccrualFund |
Jan 31, 2017 | $0.039 | DailyAccrualFund |
Dec 30, 2016 | $0.044 | DailyAccrualFund |
Nov 30, 2016 | $0.039 | DailyAccrualFund |
Oct 31, 2016 | $0.037 | DailyAccrualFund |
Sep 30, 2016 | $0.041 | DailyAccrualFund |
Aug 31, 2016 | $0.039 | DailyAccrualFund |
Jul 29, 2016 | $0.040 | DailyAccrualFund |
Jun 30, 2016 | $0.040 | DailyAccrualFund |
May 31, 2016 | $0.040 | DailyAccrualFund |
Apr 29, 2016 | $0.041 | DailyAccrualFund |
Mar 31, 2016 | $0.042 | DailyAccrualFund |
Feb 29, 2016 | $0.039 | DailyAccrualFund |
Jan 29, 2016 | $0.039 | DailyAccrualFund |
Dec 31, 2015 | $0.047 | DailyAccrualFund |
Nov 30, 2015 | $0.041 | DailyAccrualFund |
Oct 30, 2015 | $0.044 | DailyAccrualFund |
Sep 30, 2015 | $0.041 | DailyAccrualFund |
Aug 31, 2015 | $0.040 | DailyAccrualFund |
Jul 31, 2015 | $0.045 | DailyAccrualFund |
Jun 30, 2015 | $0.042 | DailyAccrualFund |
May 29, 2015 | $0.043 | DailyAccrualFund |
Apr 30, 2015 | $0.042 | DailyAccrualFund |
Mar 31, 2015 | $0.040 | DailyAccrualFund |
Feb 27, 2015 | $0.038 | DailyAccrualFund |
Jan 30, 2015 | $0.042 | DailyAccrualFund |
Dec 31, 2014 | $0.042 | DailyAccrualFund |
Nov 28, 2014 | $0.037 | DailyAccrualFund |
Oct 31, 2014 | $0.044 | DailyAccrualFund |
Sep 30, 2014 | $0.039 | DailyAccrualFund |
Aug 29, 2014 | $0.043 | DailyAccrualFund |
Jul 31, 2014 | $0.042 | DailyAccrualFund |
Jun 30, 2014 | $0.040 | DailyAccrualFund |
May 30, 2014 | $0.044 | DailyAccrualFund |
Apr 30, 2014 | $0.041 | DailyAccrualFund |
Mar 31, 2014 | $0.040 | DailyAccrualFund |
Feb 28, 2014 | $0.039 | DailyAccrualFund |
Jan 31, 2014 | $0.045 | DailyAccrualFund |
Dec 31, 2013 | $0.044 | DailyAccrualFund |
Nov 29, 2013 | $0.046 | DailyAccrualFund |
Oct 31, 2013 | $0.045 | DailyAccrualFund |
Sep 30, 2013 | $0.045 | DailyAccrualFund |
Aug 30, 2013 | $0.046 | DailyAccrualFund |
Jul 31, 2013 | $0.046 | DailyAccrualFund |
Jun 28, 2013 | $0.041 | 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 | $0.045 | DailyAccrualFund |
Dec 31, 2012 | $0.045 | DailyAccrualFund |
Nov 30, 2012 | $0.042 | DailyAccrualFund |
Oct 31, 2012 | $0.043 | DailyAccrualFund |
Sep 28, 2012 | $0.038 | DailyAccrualFund |
Aug 31, 2012 | $0.048 | DailyAccrualFund |
Jul 31, 2012 | $0.042 | DailyAccrualFund |
Jun 29, 2012 | $0.046 | DailyAccrualFund |
May 31, 2012 | $0.047 | DailyAccrualFund |
Apr 30, 2012 | $0.045 | DailyAccrualFund |
Mar 30, 2012 | $0.047 | DailyAccrualFund |
Feb 29, 2012 | $0.045 | DailyAccrualFund |
Jan 31, 2012 | $0.046 | DailyAccrualFund |
Dec 30, 2011 | $0.052 | DailyAccrualFund |
Nov 30, 2011 | $0.047 | DailyAccrualFund |
Oct 31, 2011 | $0.046 | DailyAccrualFund |
Sep 30, 2011 | $0.048 | DailyAccrualFund |
Aug 31, 2011 | $0.049 | DailyAccrualFund |
Jul 29, 2011 | $0.048 | DailyAccrualFund |
Jun 30, 2011 | $0.048 | DailyAccrualFund |
May 31, 2011 | $0.048 | DailyAccrualFund |
Apr 29, 2011 | $0.050 | DailyAccrualFund |
Mar 31, 2011 | $0.050 | DailyAccrualFund |
Feb 28, 2011 | $0.046 | DailyAccrualFund |
Jan 31, 2011 | $0.047 | DailyAccrualFund |
Dec 31, 2010 | $0.052 | DailyAccrualFund |
Nov 30, 2010 | $0.045 | DailyAccrualFund |
Oct 29, 2010 | $0.046 | DailyAccrualFund |
Sep 30, 2010 | $0.045 | DailyAccrualFund |
Aug 31, 2010 | $0.046 | DailyAccrualFund |
Jul 30, 2010 | $0.050 | DailyAccrualFund |
Jun 30, 2010 | $0.047 | DailyAccrualFund |
May 28, 2010 | $0.046 | DailyAccrualFund |
Apr 30, 2010 | $0.051 | DailyAccrualFund |
Mar 31, 2010 | $0.049 | DailyAccrualFund |
Feb 26, 2010 | $0.045 | DailyAccrualFund |
Jan 29, 2010 | $0.044 | DailyAccrualFund |
Dec 31, 2009 | $0.052 | DailyAccrualFund |
Nov 30, 2009 | $0.045 | DailyAccrualFund |
Oct 30, 2009 | $0.049 | DailyAccrualFund |
Sep 30, 2009 | $0.045 | DailyAccrualFund |
Aug 31, 2009 | $0.045 | DailyAccrualFund |
Jul 31, 2009 | $0.053 | DailyAccrualFund |
Jun 30, 2009 | $0.049 | DailyAccrualFund |
May 29, 2009 | $0.050 | DailyAccrualFund |
Apr 30, 2009 | $0.048 | DailyAccrualFund |
Mar 31, 2009 | $0.047 | DailyAccrualFund |
Feb 27, 2009 | $0.045 | DailyAccrualFund |
Jan 30, 2009 | $0.049 | DailyAccrualFund |
Dec 31, 2008 | $0.051 | DailyAccrualFund |
Nov 28, 2008 | $0.044 | DailyAccrualFund |
Oct 31, 2008 | $0.052 | DailyAccrualFund |
Sep 30, 2008 | $0.046 | DailyAccrualFund |
Aug 29, 2008 | $0.050 | DailyAccrualFund |
Jul 31, 2008 | $0.047 | DailyAccrualFund |
Jun 30, 2008 | $0.044 | DailyAccrualFund |
May 30, 2008 | $0.049 | DailyAccrualFund |
Apr 30, 2008 | $0.046 | DailyAccrualFund |
Mar 31, 2008 | $0.045 | DailyAccrualFund |
Feb 29, 2008 | $0.047 | DailyAccrualFund |
Jan 31, 2008 | $0.045 | DailyAccrualFund |
Dec 31, 2007 | $0.045 | OrdinaryDividend |
Nov 30, 2007 | $0.048 | OrdinaryDividend |
Oct 31, 2007 | $0.031 | OrdinaryDividend |
LNJIX - 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
Oct 30, 2006
15.59
15.6%
– 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 |