Western Asset Pennsylvania Municipals Fund

Scorecard
3 / 5 Stars
Lipper
1 1 3 5 5
Zacks Investment Research
4 (Sell)
Standard & Poor's
2 / 5 Stars
TheStreet.com
C (Hold)

U.S. News evaluated 19 Muni Pennsylvania Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 3.46 percent over the past year, 3.87 percent over the past three years, 4.17 percent over the past five years, and 3.81 percent over the past decade.

Trailing Returns Updated 06.30.2014
Year to date 6.3%
1 Year 3.5%
3 Years (Annualized) 3.9%
5 Years (Annualized) 4.2%
10 Years (Annualized) 3.8%

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Summary

The investment seeks as high a level of income exempt from regular federal income tax and Pennsylvania personal income taxes as is consistent with prudent investing. Under normal circumstances, the fund invests at least 80% of its assets in "Pennsylvania municipal securities." Pennsylvania municipal securities are securities and other investments with similar economic characteristics the interest on which is exempt from regular federal income tax and Pennsylvania state personal income taxes but which may be subject to the federal alternative minimum tax. It is non-diversified.

Fees

Fees are Above Average compared to funds in the same category.
Western Asset Pennsylvania Municipals Fund has an expense ratio of 1.28 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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