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Legg Mason WA Managed Municipals B (SMMBX)

On Nov 23: 15.70 USD  Down 0.01 (0.06%)  
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LEGG MASON WESTERN ASSET MANAGE Delayed quote dataEdit
Net Asset Value: 15.70
Trade Time: Nov 23
Change: Down 0.01 (0.06%)
Prev Close: 15.70
YTD Return*: 21.77%
Net Assets*: 114.70M
Yield*: 4.15%
* As of 31-Oct-09
Legg Mason WA Managed Municipals B (SMMBX)
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31-Oct-09
FUND BASICS
Morningstar Overall Rating: 4 stars
Total Assets: 114.70M
Category: Muni National Long
Total Expense Ratio: 1.23%
Fund Profile - Holdings


31-Oct-09
PERFORMANCE & RISK
YTD Return: 21.77%
5y Avg Return: 4.52%
Rank in Category (ytd): 50
% Rank in Category (ytd): 18.94%
Beta (3y): 1.12
Morningstar Risk Rating: Average
Performance Details - Risk Details

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.
Fund Profile


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