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Dec 9: 15.81  Up 0.01 (0.06%)  

Legg Mason WA Managed Municipals 1 (SMMOX)

LEGG MASON WESTERN ASSET MANAGE

Net Asset Value:15.81
Trade Time:Dec 9
Change:Up 0.01 (0.06%)
Prev Close:15.81
YTD Return*:22.40%
Net Assets*:34.32M
Yield*:4.81%

* As of 31-Oct-09

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Fund Basics

Morningstar Overall Rating:
Total Assets:34.32M
Category:Muni National Long
Total Expense Ratio:0.52%

Performance & Risk

YTD Return:22.40%
5y Avg Return:5.13%
Rank in Category (ytd):47
% Rank in Category (ytd):17.8%
Beta (3y):1.12
Morningstar Risk Rating:Average

Fund Summary

The investment seeks interest income exempt from federal income tax, consistent with preservation of capital. The invests primarily in municipal securities and in participation and other interests in municipal securities issued by banks, insurance companies or other financial institutions, the income from which is exempt from regular federal income tax, although it may be subject to the alternative minimum tax. It can invest up to 20% of assets in below investment-grade bonds. View More

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