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Western Asset New Jersey Municipals A (SHNJX)

11.41 0.00 (0.00%)
At close: 8:01 PM EDT

Fund Summary

Under normal circumstances, the fund invests at least 80% of its assets in "New Jersey municipal securities." New Jersey municipal securities are securities and other investments with similar economic characteristics the interest on which is exempt from regular federal income tax and New Jersey state personal income tax but which may be subject to the federal alternative minimum tax. It is non-diversified.

Risk Overview

Morningstar Risk Rating
Best 1Y Total Return 16.65%
Worst 1Y Total Return --
Number of Years Up 29
Number of Years Down 6

Performance & Risk

YTD Return -0.89%
5y Average Return 1.46%
Rank in Category (ytd) 7
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.87
Morningstar Risk Rating

Risk Statistics

3 Years5 Years10 Years
SHNJXCategory AverageSHNJXCategory AverageSHNJXCategory Average
Alpha 0.05 -0.01 0.26 -0 -0.08 -0
BETA 0.87 0.01 1 0.01 0.97 0.01
Mean Annual Return 0.03 0 0.17 0 0.22 0
R-squared 95.85 0.92 85.73 0.89 86.43 0.89
Standard Deviation 6.56 0.05 6.94 0.05 5.25 0.04
Sharpe Ratio -0.4 0.01 -0.01 0 0.22 0.01
Treynor Ratio -3.31 0.03 -0.34 0.02 1.08 0.03

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