Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
Western Asset New Jersey Municipals C SNJLX
- NAV / 1-Day Return 11.74 / +0.01 %
- Total Assets 149.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.340%
- Distribution Fee Level Low
- Share Class Type Level Load
- Category Muni New Jersey
- Credit Quality / Interest Rate Sensitivity Medium/Extensive
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 2.57%
- Effective Duration 7.34 years
USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 12:58 AM GMT+0
Morningstar’s Analysis SNJLX
Will SNJLX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 38.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
TOBACCO SETTLEMENT FING CORP N J 5% | 4.69 | 6.9 Mil | municipal |
NEW JERSEY ECONOMIC DEV AUTH MTR VEH SURCHARGES REV 4% | 4.44 | 6.5 Mil | municipal |
NEW JERSEY ST TPK AUTH TPK REV 5% | 4.25 | 6.2 Mil | municipal |
NEW JERSEY ECONOMIC DEV AUTH REV 5% | 4.01 | 5.9 Mil | municipal |
NEW JERSEY HEALTH CARE FACS FING AUTH 5% | 3.95 | 5.8 Mil | municipal |
NEW JERSEY ST TRANSN TR FD AUTH 5% | 3.53 | 5.2 Mil | municipal |
NEW JERSEY ST TRANSN TR FD AUTH 5% | 3.51 | 5.1 Mil | municipal |
NEW JERSEY ECONOMIC DEV AUTH REV 5% | 3.50 | 5.1 Mil | municipal |
NEW JERSEY ECONOMIC DEV AUTH SPL FAC REV 5% | 3.47 | 5.1 Mil | municipal |
NEW JERSEY ST TRANSN TR FD AUTH 4.25% | 3.45 | 5.0 Mil | municipal |