Western Asset California Municipals Fund Class I (LMCUX)

Fund Assets	172.81M
Expense Ratio	0.711%
Min. Investment	$1,000,000
Turnover	6.00%
Dividend (ttm)	0.49
Dividend Yield	3.65%
Dividend Growth	5.14%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	13.18
YTD Return	-3.29%
1-Year Return	-2.25%
5-Year Return	-0.90%
52-Week Low	13.04
52-Week High	14.30
Beta (5Y)	0.09
Holdings	91
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.

• Fund Family: Franklin Templeton, Inc
• Category: Muni California Long
• Performance Rating: Above Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: LMCUX
• Share Class: Class I
• Index: Bloomberg California TaxExempt Muni Bd TR

Performance

LMCUX had a total return of -2.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.77%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
SHRSX	Class Is	0.67%
SHRCX	Class A	0.94%
SCACX	Class C	1.48%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.04052	Sep 30, 2026
Aug 31, 2026	$0.03889	Aug 31, 2026
Jul 31, 2026	$0.04428	Jul 31, 2026
Jun 30, 2026	$0.03997	Jun 30, 2026
May 29, 2026	$0.04134	May 29, 2026
Apr 30, 2026	$0.03997	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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