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Legg Mason Partners Managed Municipals C (SMMCX)

On Feb 9: 15.91 USD  Down 0.01 (0.06%)  
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LEGG MASON WESTERN ASSET MANAGE Delayed quote dataEdit
Net Asset Value: 15.91
Trade Time: Feb 9
Change: Down 0.01 (0.06%)
Prev Close: 15.91
YTD Return*: 3.60%
Net Assets*: 243.91M
Yield*: 3.92%
* As of 31-Dec-07
Legg Mason Partners Managed Municipals C (SMMCX)
3m  6m  1y  2y  5y  max 
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31-Dec-07
FUND BASICS
Morningstar Overall Rating: 4 stars
Total Assets: 243.91M
Category: Muni National Long
Total Expense Ratio: 1.23%
Fund Profile - Holdings


31-Dec-07
PERFORMANCE & RISK
YTD Return: 3.60%
5y Avg Return: 3.84%
Rank in Category (ytd): 234
% Rank in Category (ytd): 86.99%
Beta (3y): 0.23
Morningstar Risk Rating: Below average
Performance Details - Risk Details

FUND SUMMARY
The investment seeks income exempt from federal income tax, consistent with preservation of capital. The fund normally invests at least 80% of assets in municipal securities or other investments with similar economic characteristics, the income from which is exempt from regular federal income tax. It focuses primarily on intermediate- and long-term municipal securities that have remaining maturities at the time of purchase of from three to more than 30 years. The fund can invest up to 20% of assets in bonds rated below investment grade or in unrated securities determined to be of equivalent quality by the manager.
Fund Profile


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