Western Asset Managed Municipals: (MF: SHMMX)
NAV
$17.23
NAV Day Change
-0.02 (-0.12%)
May 22 06:06 PM ET
General Information As Of 04/30/13
| %Yield | 3.60 |
| %SEC Yield | 3.37 |
| %YTD Return (as of 04/30/13) | 1.65 |
| Objective* | Fixed Income - Muni Natl |
| Peer* | MB LT |
Portfolio Statistics
| %Unrealized Gain YTD | 10.97 |
| Net Assets (Mil $) 04/30/2013 | 3,687.00 |
| %Turnover 04/30/2013 | 10.00 |
Fees
| %Max Sales Load | 4.25 |
| %Min Sales Load | .00 |
| %Max Deferred Load | NA |
Expenses
| %Max 12b-1 Fee | 0.15 |
| %Max Management Fee | 0.44 |
| Redemption Fee | NA |
| Expense Ratio | 0.65 |
Allocation
| Large Growth | NA |
| Large Value | NA |
| Small Growth | NA |
| Small Value | NA |
| Foreign Stock | NA |
| Emerging Market | NA |
| Precious Metal | NA |
| Intermediate Bond | NA |
| Foreign Bond | NA |
| High Yield Bond | NA |
Portfolio Information
Composition
| As of 02/28/2013 | %of Net Assets |
| Stock | 0.00 |
| Cash | 0.00 |
| Bonds | 98.25 |
| Preferred | 0.00 |
| Convertibles | 0.00 |
| Foreign Stock | 0.00 |
| Foreign Bonds | 0.00 |
| Hedge | 0.00 |
| Other | 1.75 |
Sector / Country Weightings
| As of 04/30/2013 | % of Portfolio |
|---|---|
| NA | NA |
Portfolio Holdings
| Top Holdings (As of 02/28/2013) | % of Portfolio | Value (Mil$) |
|---|---|---|
| MSR ENERGY AUTH CA GAS RE | 2.03 | 117.96 |
| LA CA DEPT OF AIRPORTS RE | 1.71 | 99.64 |
| BAY AREA TOLL AUTH CA TOL | 1.38 | 80.51 |
| MSR ENERGY AUTH CA GAS RE | 1.32 | 76.90 |
| PR SALES TAX FINCNG CORP | 1.32 | 76.89 |
| CA STATE PCFA WTR FURNISH | 1.30 | 75.57 |
| CA HLTH FAC FINCNG AUTH R | 1.12 | 65.30 |
| PBLC AUTH FOR CO ENERGY N | 1.08 | 62.77 |
| ATLANTA GA WTR & WSTWTR R | 1.07 | 61.95 |
| NJ STATE HIGHER EDUC ASSI | 1.03 | 60.10 |
Contact Information
| Family | Legg Mason |
| Addrerss | 100 Light Street Baltimore, MD 21202 |
| Phone | 800 822-5544 |
Zacks Premium Research
Zacks Mutual Fund Rank: 2 - Buy 
| #2 |
Fund Description
The fund was incepted in March 1981 and is managed by Smith Barney Fund Management. The objective of the fund is to maximize current interest income that is excluded from gross income for regular federal income tax purposes, to the extent consistent with prudent investment management and the preservation of capital. The fund invests at least 80% of its net assets in investment grade, municipal securities from across the country with maturities ranging from 3 to over 30 years. Dividends are distributed monthly. The fund generally makes capital gain distributions, if any, once a year, typically in December.
Stock Holding % of Net Assets
| As Of | 02/28/2013 |
| Total Issues | NA |
| Avg. P/E | NA |
| Avg. P/Book | NA |
| Avg. EPS Growth | NA |
| Avg. Market Value (Mil $) | NA |
Risk
| 3 Year | 5 Year | 10 Year | |
|---|---|---|---|
| Beta | 1.18 | 1.23 | 0.88 |
| Alpha | -0.46 | -0.51 | 1.06 |
| R Squared | 0.85 | 0.77 | 0.66 |
| Std. Dev. | 4.82 | 6.71 | 5.63 |
| Sharpe | 1.40 | 0.97 | 2.00 |
Shareholder Information
| Manager | Team Managed |
| Since | NA |
| Manager Rating | NA |
| Inception Date | 03/04/1981 |
| Shareholders | NA |
| Dividends Paid | M |
| Minimum Initial Investment | $1,000 |
| Minimum Subsequent Investment | $50 |
| IRA Minimum | $0 |
| IRA Available | Y | Check Writing | N | Phone Invest | Y |
| Phone Exchange | Y | Phone Redeem | Y | Auto Invest | Y |
| Wire Redeem | N | Wire Fee | N | Wire Transfer | N |
