Continue to site >
Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$16.59

$4.81 B

4.66%

$0.77

0.51%

Vitals

YTD Return

0.2%

1 yr return

5.6%

3 Yr Avg Return

5.0%

5 Yr Avg Return

3.3%

Net Assets

$4.81 B

Holdings in Top 10

9.9%

52 WEEK LOW AND HIGH

$16.6
$16.09
$16.96

Expenses

OPERATING FEES

Expense Ratio 0.51%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 27.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

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

$16.59

$4.81 B

4.66%

$0.77

0.51%

SMMOX - Profile

Distributions

  • YTD Total Return 0.2%
  • 3 Yr Annualized Total Return 5.0%
  • 5 Yr Annualized Total Return 3.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.95%
DIVIDENDS
  • Dividend Yield 4.7%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Western Asset Managed Municipals Fund
  • Fund Family Name
    Legg Mason
  • Inception Date
    Sep 12, 2000
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    David Fare

Fund Description

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.


SMMOX - Performance

Return Ranking - Trailing

Period SMMOX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.2% -88.5% 100.4% 14.96%
1 Yr 5.6% -20.5% 20.4% 12.23%
3 Yr 5.0%* -6.2% 10.4% 24.19%
5 Yr 3.3%* -3.5% 6.8% 20.54%
10 Yr 4.2%* -0.2% 8.7% 23.78%

* Annualized

Return Ranking - Calendar

Period SMMOX Return Category Return Low Category Return High Rank in Category (%)
2020 1.3% -91.1% 310.0% 57.49%
2019 3.7% -79.8% 15.4% 47.05%
2018 -3.3% -72.6% 97.2% 75.47%
2017 1.4% -100.0% 7.6% 50.32%
2016 -3.4% -35.9% 96.8% 75.52%

Total Return Ranking - Trailing

Period SMMOX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.2% -88.5% 100.3% 15.00%
1 Yr 5.6% -24.2% 24.2% 11.33%
3 Yr 5.0%* -7.0% 11.7% 20.81%
5 Yr 3.3%* -4.0% 6.8% 15.43%
10 Yr 4.2%* -0.6% 8.7% 20.20%

* Annualized

Total Return Ranking - Calendar

Period SMMOX Return Category Return Low Category Return High Rank in Category (%)
2020 1.3% -91.1% 310.0% 57.45%
2019 3.7% -79.8% 15.4% 47.97%
2018 -3.3% -72.6% 11.0% 76.16%
2017 1.4% -100.0% 7.6% 53.22%
2016 -3.4% -35.9% 3.0% 77.87%

NAV & Total Return History


SMMOX - Holdings

Concentration Analysis

SMMOX Category Low Category High SMMOX % Rank
Net Assets 4.81 B 878 K 87.9 B 8.06%
Number of Holdings 857 1 12437 9.18%
Net Assets in Top 10 472 M -308 M 3.93 B 4.59%
Weighting of Top 10 9.86% 2.3% 100.0% 87.74%

Top 10 Holdings

  1. JEFFERSON CNTY ALA SWR REV 0% 1.50%
  2. PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.5% 1.35%
  3. SOUTHEAST ALA GAS SUPPLY DIST GAS SUPPLY REV 4% 1.16%
  4. KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4% 1.07%
  5. PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% 1.02%
  6. TEXAS MUN GAS ACQUISITION & SUPPLY CORP I GAS SUPPLY REV 6.25% 0.91%
  7. CHANDLER ARIZ INDL DEV AUTH INDL DEV REV 5% 0.90%
  8. M-S-R ENERGY AUTH CALIF GAS REV 7% 0.88%
  9. ILLINOIS ST 5% 0.85%
  10. TENNESSEE ENERGY ACQUISITION CORP GAS REV 4% 0.79%

Asset Allocation

Weighting Return Low Return High SMMOX % Rank
Bonds
102.03% 46.14% 145.79% 3.73%
Stocks
0.00% -1.11% 2.80% 41.69%
Preferred Stocks
0.00% -3.40% 1.04% 38.39%
Other
0.00% -9.70% 30.00% 40.07%
Convertible Bonds
0.00% -0.02% 1.09% 39.08%
Cash
-2.03% -45.79% 53.86% 96.44%

Bond Sector Breakdown

Weighting Return Low Return High SMMOX % Rank
Municipal
99.91% 46.14% 100.00% 34.70%
Cash & Equivalents
0.09% 0.00% 53.86% 63.91%
Derivative
0.00% 0.00% 1.12% 38.92%
Securitized
0.00% 0.00% 8.03% 40.07%
Corporate
0.00% 0.00% 11.97% 48.14%
Government
0.00% 0.00% 50.79% 42.48%

Bond Geographic Breakdown

Weighting Return Low Return High SMMOX % Rank
US
98.84% 0.00% 141.11% 37.48%
Non US
3.19% 0.00% 100.00% 22.16%

SMMOX - Expenses

Operational Fees

SMMOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.51% 0.04% 4.23% 56.02%
Management Fee 0.40% 0.00% 1.60% 38.31%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

SMMOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

SMMOX 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.

SMMOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 27.00% 0.00% 314.00% 68.86%

SMMOX - Distributions

Dividend Yield Analysis

SMMOX Category Low Category High SMMOX % Rank
Dividend Yield 4.66% 0.00% 35.27% 46.54%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

SMMOX Category Low Category High SMMOX % Rank
Net Income Ratio 2.95% -0.53% 24.00% 12.75%

Capital Gain Distribution Analysis

SMMOX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Quarterly Monthly Monthly

Dividend Payout History

View More +

SMMOX - Fund Manager Analysis

Managers

David Fare


Start Date

Tenure

Tenure Rank

Dec 31, 2004

16.76

16.8%

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

14.67

14.7%

– 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

7.51

7.5%

– 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 36.52 7.22 0.91