Western Asset Municipal Fund Quote

STXAX Fund  USD 13.02  0.01  0.08%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 20

 
High
 
Low
Low
Western Asset is trading at 13.02 as of the 21st of June 2024; that is 0.08 percent increase since the beginning of the trading day. The fund's open price was 13.01. Western Asset has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Western Asset Municipal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of May 2024 and ending today, the 21st of June 2024. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of its assets in municipal securities. It will invest primarily in municipal securities rated at the time of purchase in the lowest investment grade categories or rated below investment grade or, if unrated, determined by the sub-adviser to be of comparable credit quality.. More on Western Asset Municipal

Western Mutual Fund Highlights

Fund ConcentrationFranklin Templeton Investments Funds, Large Funds, High Yield Muni Funds, High Yield Muni, Franklin Templeton Investments (View all Sectors)
Update Date30th of June 2024
Expense Ratio Date30th of November 2022
Fiscal Year EndJuly
Western Asset Municipal [STXAX] is traded in USA and was established 21st of June 2024. Western Asset is listed under Franklin Templeton Investments category by Fama And French industry classification. The fund is listed under High Yield Muni category and is part of Franklin Templeton Investments family. This fund at this time has accumulated 322.76 M in assets with no minimum investment requirementsWestern Asset Municipal is currently producing year-to-date (YTD) return of 2.32% with the current yeild of 0.01%, while the total return for the last 3 years was -0.42%.
Check Western Asset Probability Of Bankruptcy

Instrument Allocation

Western Asset Municipal Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Western Asset market risk premium is the additional return an investor will receive from holding Western Asset long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Western Asset. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Western Asset's alpha and beta are two of the key measurements used to evaluate Western Asset's performance over the market, the standard measures of volatility play an important role as well.

Western Asset Against Markets

Other Information on Investing in Western Mutual Fund

Western Asset financial ratios help investors to determine whether Western Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Western with respect to the benefits of owning Western Asset security.
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