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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$14.30

$4.41 B

6.63%

$0.95

0.64%

Vitals

YTD Return

-14.5%

1 yr return

-7.0%

3 Yr Avg Return

0.6%

5 Yr Avg Return

1.7%

Net Assets

$4.41 B

Holdings in Top 10

8.9%

52 WEEK LOW AND HIGH

$14.3
$14.30
$16.75

Expenses

OPERATING FEES

Expense Ratio 0.64%

SALES FEES

Front Load 4.25%

Deferred Load N/A

TRADING FEES

Turnover 11.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Muni National Long


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$14.30

$4.41 B

6.63%

$0.95

0.64%

SHMMX - Profile

Distributions

  • YTD Total Return -14.5%
  • 3 Yr Annualized Total Return -0.9%
  • 5 Yr Annualized Total Return 0.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.41%
DIVIDENDS
  • Dividend Yield 6.6%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Western Asset Managed Municipals Fund
  • Fund Family Name
    Legg Mason
  • Inception Date
    Mar 04, 1981
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    David Fare

SHMMX - Performance

Return Ranking - Trailing

Period SHMMX Return Category Return Low Category Return High Rank in Category (%)
YTD -14.5% -86.8% 7.5% 63.23%
1 Yr -7.0% -16.3% 15.7% 63.49%
3 Yr 0.6%* -6.2% 10.3% 37.13%
5 Yr 1.7%* -3.5% 5.7% 34.57%
10 Yr 2.5%* -0.6% 8.3% 29.97%

* Annualized

Return Ranking - Calendar

Period SHMMX Return Category Return Low Category Return High Rank in Category (%)
2021 0.7% -91.1% 101.7% 17.64%
2020 1.3% -79.2% 310.0% 64.00%
2019 3.7% -66.1% 15.4% 41.60%
2018 -3.3% -57.4% 97.2% 87.42%
2017 1.5% -100.0% 6.8% 40.08%

Total Return Ranking - Trailing

Period SHMMX Return Category Return Low Category Return High Rank in Category (%)
YTD -14.5% -86.8% 7.5% 62.97%
1 Yr -11.0% -16.3% 23.6% 89.16%
3 Yr -0.9%* -7.0% 11.5% 84.71%
5 Yr 0.9%* -4.0% 5.7% 67.93%
10 Yr 2.0%* -0.6% 8.3% 46.84%

* Annualized

Total Return Ranking - Calendar

Period SHMMX Return Category Return Low Category Return High Rank in Category (%)
2021 0.7% -91.1% 101.7% 17.73%
2020 1.3% -79.2% 310.0% 63.97%
2019 3.7% -66.1% 15.4% 42.62%
2018 -3.3% -57.4% 97.2% 87.97%
2017 1.5% -48.8% 7.0% 43.54%

NAV & Total Return History


SHMMX - Holdings

Concentration Analysis

SHMMX Category Low Category High SHMMX % Rank
Net Assets 4.41 B 1.23 M 73.9 B 7.59%
Number of Holdings 918 1 14000 9.34%
Net Assets in Top 10 419 M -317 M 8.64 B 5.74%
Weighting of Top 10 8.94% 2.4% 100.0% 89.94%

Top 10 Holdings

  1. JEFFERSON CNTY ALA SWR REV 0% 1.52%
  2. PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.5% 1.35%
  3. SOUTHEAST ALA GAS SUPPLY DIST GAS SUPPLY REV 4% 1.13%
  4. KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4% 1.02%
  5. CHANDLER ARIZ INDL DEV AUTH INDL DEV REV 5% 0.87%
  6. PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% 0.82%
  7. M-S-R ENERGY AUTH CALIF GAS REV 7% 0.77%
  8. TEXAS MUN GAS ACQUISITION & SUPPLY CORP I GAS SUPPLY REV 6.25% 0.76%
  9. PORT AUTH N Y & N J 5% 0.75%
  10. TENNESSEE ENERGY ACQUISITION CORP GAS REV 4% 0.74%

Asset Allocation

Weighting Return Low Return High SHMMX % Rank
Bonds
101.42% 0.00% 150.86% 3.64%
Stocks
0.00% -0.03% 4.63% 39.29%
Preferred Stocks
0.00% -1.79% 0.04% 36.43%
Other
0.00% -13.03% 30.01% 37.37%
Convertible Bonds
0.00% 0.00% 0.93% 36.70%
Cash
-1.42% -50.86% 100.00% 96.31%

Bond Sector Breakdown

Weighting Return Low Return High SHMMX % Rank
Municipal
99.85% 0.00% 100.00% 37.50%
Cash & Equivalents
0.15% 0.00% 100.00% 61.39%
Derivative
0.00% 0.00% 21.68% 35.23%
Securitized
0.00% 0.00% 5.93% 36.70%
Corporate
0.00% 0.00% 9.99% 46.35%
Government
0.00% 0.00% 52.02% 40.26%

Bond Geographic Breakdown

Weighting Return Low Return High SHMMX % Rank
US
97.26% 0.00% 142.23% 52.98%
Non US
4.16% 0.00% 62.14% 14.99%

SHMMX - Expenses

Operational Fees

SHMMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.64% 0.02% 3.60% 40.52%
Management Fee 0.40% 0.00% 1.10% 39.75%
12b-1 Fee 0.15% 0.00% 1.00% 26.02%
Administrative Fee N/A 0.01% 0.44% N/A

Sales Fees

SHMMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.25% 0.00% 4.90% 25.40%
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

SHMMX 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.

SHMMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 11.00% 0.00% 283.00% 26.90%

SHMMX - Distributions

Dividend Yield Analysis

SHMMX Category Low Category High SHMMX % Rank
Dividend Yield 6.63% 0.00% 35.27% 15.64%

Dividend Distribution Analysis

SHMMX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

SHMMX Category Low Category High SHMMX % Rank
Net Income Ratio 2.41% -0.53% 24.00% 23.81%

Capital Gain Distribution Analysis

SHMMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History

View More +

SHMMX - 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

Feb 02, 2007

15.33

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 7.22 1.58