Western Asset California Municipals Fund Class I (LMCUX)
| Fund Assets | 204.11M |
| Expense Ratio | 0.55% |
| Min. Investment | $1,000,000 |
| Turnover | 27.00% |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 3.30% |
| Dividend Growth | 3.71% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 28, 2025 |
| Previous Close | 14.08 |
| YTD Return | 4.10% |
| 1-Year Return | 2.41% |
| 5-Year Return | 3.68% |
| 52-Week Low | 12.97 |
| 52-Week High | 14.12 |
| Beta (5Y) | n/a |
| Holdings | 95 |
| Inception Date | Mar 2, 2007 |
About LMCUX
Western Asset California Municipals Fund Class I is a mutual fund specializing in tax-exempt fixed income securities. This fund’s primary objective is to deliver a high level of current income that is exempt from both regular federal income tax and California state personal income tax, making it particularly attractive for California residents seeking tax-efficient income solutions. The portfolio predominantly invests in intermediate-term and long-term municipal bonds issued by California state and local entities, focusing on securities with maturities ranging from one year to over thirty years. Sectors represented in the fund include public utilities, transportation authorities, and environmental projects, reflecting the diversity and stability of California’s municipal bond market. The fund plays a critical role in helping investors access diversified exposure to high-quality municipal debt while supporting essential infrastructure and public service projects across California.
Performance
LMCUX had a total return of 2.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.64%.
Top 10 Holdings
31.23% of assets| Name | Symbol | Weight |
|---|---|---|
| CALIFORNIA POLLUTION CTL FING AUTH WTR FURNISHING REV 5% | CA.CASPOL 5 11.21.2045 | 5.18% |
| NORTHERN CALIF ENERGY AUTH COMMODITY SUPPLY REV 5% | CA.NCEPWR 12.01.2054 | 3.93% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4% | CA.CCEDEV 02.01.2052 | 3.28% |
| LONG BEACH CALIF BD FIN AUTH NAT GAS PUR REV 5.5% | CA.LONUTL 5.5 11.15.2037 | 2.94% |
| TENDER OPT BD TR RCPTS / CTFS VAR STS 0% | CA.TENGEN 12.01.2049 | 2.87% |
| SAN DIEGO CNTY CALIF REGL ARPT AUTH ARPT REV 5% | CA.SDGAPT 5 07.01.2046 | 2.65% |
| CALIFORNIA ST PUBLIC WKS BRD L | n/a | 2.63% |
| SACRAMENTO CALIF MUN UTIL DIST ELEC REV 5% | CA.SACPWR 5 11.15.2054 | 2.62% |
| SOUTHERN CALIF PUB PWR AUTH NAT GAS PROJ REV 5% | CA.STNPWR 5 11.01.2033 | 2.61% |
| LOS ANGELES CALIF DEPT WTR & PWR REV 5% | CA.LOSUTL 5 07.01.2042 | 2.50% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 28, 2025 | $0.03657 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04254 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03714 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04106 | Aug 29, 2025 |
| Jul 31, 2025 | $0.04023 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03692 | Jun 30, 2025 |