Legg Mason WA Managed Municipals A
(MUTF:SHMMX) Watch this mutual fundFind more results for
NASDAQ:SHMMX
Performance
Trailing returns
| 1 day | +0.15% |
| |||
| 1 week |
| -0.03% | |||
| 4 week |
| -1.09% | |||
| 3 month | +3.76% |
| |||
| YTD | +21.72% |
| |||
| 1 year | +15.62% |
| |||
| 3 years* | +4.86% |
| |||
| 5 years* | +4.87% |
| |||
| *annualized | |||||
| Best 3 month return | +11.52% | |
| Worst 3 month return | -10.15% |
Morningstar statistics
Morningstar category: Muni National Long
| Return | Risk | Rating | |
| 3 years | High | Above Average |
 
|
| 5 years | High | Average |
|
| 10 years | Above Average | Average |
|
| Overall | High | Average |
|
Key statistics
| Total assets | 4.79B | |
| Front load | 4.25% | |
| Deferred load | - | |
| Expense ratio | 0.67% | |
| Management fee | - | |
| Fund family | Legg Mason/Western |
Asset allocation
| Cash | 0.19% | |
| Stocks | 0.00% | |
| Bonds | 99.81% | |
| Other | 0.00% |
Purchase information
| Initial | $1,000 | |
| Additional | $50 | |
| AIP Initial | $50 | |
| AIP Additional | $50 |
15.69
+0.01 (0.06%)
Nov 20, 8:00PM EST
Overall Morningstar RatingTM
Description
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.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Stephen A. Walsh (Started: Feb 2, 2007)
Kenneth Leech (Started: Feb 2, 2007)
Joseph P. Deane (Started: Nov 1, 1988)
David Fare (Started: Dec 31, 2004)
Robert E. Amodeo (Started: Feb 2, 2007)
Stephen A. Walsh (Started: Feb 2, 2007)
Kenneth Leech (Started: Feb 2, 2007)
Joseph P. Deane (Started: Nov 1, 1988)
David Fare (Started: Dec 31, 2004)
Robert E. Amodeo (Started: Feb 2, 2007)
Legg Mason & Co., LLC, 55 Water Street, 32nd Floor, New York, NY 10004, USA
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | -2.67 | 1.60 | 0.93 | 0.54 | |
| Beta* | 1.46 | 0.79 | 1.00 | 0.89 | |
| Mean annual return | 1.34 | 0.44 | 0.43 | 0.49 | |
| R-squared* | 66.05 | 78.83 | 66.97 | 61.76 | |
| Standard deviation | 10.40 | 7.78 | 6.04 | 5.31 | |
| Sharpe ratio | 1.53 | 0.36 | 0.35 | 0.55 | |
| * Against standard index | |||||