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Legg Mason WA CA Municipals C (SCACX)On Dec 14: 15.90  Down 0.01 (0.06%)  
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Profile  As of 30-Nov-09Get Profile for:
Legg Mason WA CA Municipals C
Legg Mason & Co., LLC 55 Water Street, 32nd Floor New York, NY 10004
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Phone: 800-822-5544
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FUND OVERVIEW 
Category:Muni California Long
Fund Family:Legg Mason/Western
Net Assets:79.99M
Year-to-Date Return:15.34%
Yield:4.07%
Morningstar Rating:3 stars
Fund Inception Date:14-Nov-94
MORNINGSTAR STYLE BOX 
Muni California Long
[View Category Definition]
View Top Muni California Long Funds
About the Morningstar Style Box
MANAGEMENT INFORMATION 
Joseph P. Deane
Lead Manager since 01-Nov-88
Deane is portfolio manger with Western Asset. Prior to joining the firm in 2005, he was with Citigroup Asset Management or one of its affiliates since 1972.
INVESTMENT INFORMATION 
Min Initial Investment:$1,000
Min Initial Investment, IRA:NaN
Min Initial Investment, AIP:$50
Min Subsequent Investment:$50
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:$50
SCACX can be purchased from brokerages.
FUND SUMMARY 
The investment seeks current income exempt from federal and California income taxes, consistent with preservation of capital. The fund invests at least 80% of assets in California municipal securities. These securities include participation or other interests in municipal securities issued or backed by banks, insurance companies and other financial institutions. It may invest up to 20% of assets in bonds rated below investment-grade bonds. The fund is nondiversified.
FUND OPERATIONS 
Last Dividend (30-Nov-09): 0.06
Last Cap Gain (10-Dec-09): 0.01
Annual Holdings Turnover 58.00%
Average for Category: 31.92%
FEES & EXPENSES 
ExpenseSCACXCategory
Avg
Total Expense Ratio:% 1.02%
Max 12b1 Fee:% N/A
Max Front End Sales Load:% 4.29%
Max Deferred Sales Load:1.00% 2.71%
3 Yr Expense Projection*: $ YFT_NOT_APPLICABLE_ABBREVIATION$559
5 Yr Expense Projection*: $ YFT_NOT_APPLICABLE_ABBREVIATION$800
10 Yr Expense Projection*: $ YFT_NOT_APPLICABLE_ABBREVIATION$1,485
* Per $10,000 invested


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