Western Asset New Jersey Municipals Fund Class I (LNJIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

11.52

-0.01 (-0.09%)

At close: Aug 26, 2026

2.49% (1Y)

Fund Assets	154.61M
Expense Ratio	0.55%
Min. Investment	$1,000,000
Turnover	5.00%
Dividend (ttm)	0.40
Dividend Yield	3.46%
Dividend Growth	2.98%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	11.53
YTD Return	0.88%
1-Year Return	5.80%
5-Year Return	4.50%
52-Week Low	11.24
52-Week High	11.78
Beta (5Y)	0.10
Holdings	89
Inception Date	Oct 4, 2007

About LNJIX

Western Asset New Jersey Municipals Fund Class I is a municipal bond mutual fund focused on providing investors, particularly those residing in New Jersey, with a high level of tax-exempt income. The fund primarily invests at least 80% of its assets in municipal bonds issued by New Jersey state and local governments, with the goal of generating income that is exempt from both regular federal income tax and New Jersey state personal income tax. This makes it especially attractive to investors seeking tax-advantaged income within that state. The portfolio may include bonds of varying maturities—long, intermediate, and short-term—and typically targets issuers with strong credit quality to help manage risk. Its performance is periodically benchmarked against broad municipal bond indices and peer New Jersey municipal funds, reflecting its comparative role in the market for state-specific, tax-advantaged fixed income products. By concentrating on municipal securities, the fund plays a significant role in supporting public infrastructure projects while serving the needs of tax-sensitive investors in its region.

Fund Family Franklin Templeton Investments

Category Muni New Jersey

Performance Rating Above Average

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 5.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.23%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
SHNJX	Class A	0.81%
SNJLX	Class C	1.36%
LNISX	Class Is	0.52%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.03642	Jul 31, 2026
Jun 30, 2026	$0.03306	Jun 30, 2026
May 29, 2026	$0.03357	May 29, 2026
Apr 30, 2026	$0.03295	Apr 30, 2026
Mar 31, 2026	$0.03248	Mar 31, 2026
Feb 27, 2026	$0.03043	Feb 27, 2026

Full Dividend History