Legg Mason WA CA Municipals C Legg Mason & Co., LLC 55 Water Street, 32nd Floor New York, NY 10004 Map
Phone: 800-822-5544
| Category: | Muni California Long | | Fund Family: | Legg Mason/Western | | Net Assets: | 79.99M | | Year-to-Date Return: | 15.34% | | Yield: | 4.07% | | Morningstar Rating: |  | | Fund Inception Date: | 14-Nov-94 |
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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. |
| 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 |
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| 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. |
| 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% |
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| Expense | SCACX | Category 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 |
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