Western Asset New Jersey Municipals Fund Class I (LNJIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.59
+0.02 (0.17%)
Feb 14, 2025, 4:00 PM EST
0.17%
Fund Assets 152.02M
Expense Ratio 0.55%
Min. Investment $1,000,000
Turnover n/a
Dividend (ttm) 0.39
Dividend Yield 3.36%
Dividend Growth 2.75%
Payout Frequency Monthly
Ex-Dividend Date Jan 31, 2025
Previous Close 11.57
YTD Return 0.52%
1-Year Return 4.11%
5-Year Return 5.56%
52-Week Low n/a
52-Week High n/a
Beta (5Y) n/a
Holdings 86
Inception Date Oct 4, 2007

About LNJIX

The Western Asset New Jersey Municipals Fund Class I (LNJIX) seeks to provide New Jersey investors with as high a level of dividend income exempt from federal income taxes and New Jersey state personal income tax as is consistent with prudent investment management and the preservation of capital.

Fund Family Western Asset
Category Muni New Jersey
Performance Rating High
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol LNJIX
Share Class Class I
Index Bloomberg Muni Bond NJ Exempt TR USD

Performance

LNJIX had a total return of 4.11% in the past year. Since the fund's inception, the average annual return has been 3.23%, including dividends.

Other Share Classes

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

Symbol Share Class Expense Ratio
SHNJX Class A 0.80%
SNJLX Class C 1.34%
LNISX Class Is 0.52%

Top 10 Holdings

39.07% of assets
Name Symbol Weight
NEW JERSEY ST TRANSN TR FD AUTH 5% NJ NJSTRN 5 06.15.2042 5.29%
TOBACCO SETTLEMENT FING CORP N J 5% NJ TOBGEN 5 06.01.2046 4.70%
NEW JERSEY ECONOMIC DEV AUTH MTR VEH SURCHARGES REV 4% NJ NJSDEV 4 07.01.2032 4.39%
NEW JERSEY ST TPK AUTH TPK REV 5% NJ NJSTRN 5 01.01.2040 4.28%
NEW JERSEY HEALTH CARE FACS FING AUTH 5% NJ NJSMED 5 07.01.2046 3.98%
NEW JERSEY ECONOMIC DEV AUTH REV 5% NJ NJSDEV 5 06.01.2042 3.51%
NEW JERSEY ECONOMIC DEV AUTH SPL FAC REV 5% NJ NJSDEV 5 10.01.2047 3.48%
NEW JERSEY ST TRANSN TR FD AUTH 4.25% NJ NJSTRN 4.25 06.15.2044 3.42%
PORT AUTH N Y & N J 5% NY PORTRN 5 10.15.2041 3.19%
NEW JERSEY ST TRANSN TR FD AUTH 5% NJ NJSTRN 5 06.15.2030 2.82%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Jan 31, 2025 $0.03384 Jan 31, 2025
Dec 31, 2024 $0.03285 Dec 31, 2024
Nov 29, 2024 $0.03252 Nov 29, 2024
Oct 31, 2024 $0.03313 Oct 31, 2024
Sep 30, 2024 $0.02986 Sep 30, 2024
Aug 30, 2024 $0.03505 Aug 30, 2024
Full Dividend History