Western Asset California Municipals Fund Class A (SHRCX)
| Fund Assets | 202.37M |
| Expense Ratio | 0.75% |
| Min. Investment | $1,000 |
| Turnover | 27.00% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 3.00% |
| Dividend Growth | 5.13% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 14.64 |
| YTD Return | 0.07% |
| 1-Year Return | 3.82% |
| 5-Year Return | 1.13% |
| 52-Week Low | 13.47 |
| 52-Week High | 14.70 |
| Beta (5Y) | 0.27 |
| Holdings | 95 |
| Inception Date | Apr 9, 1984 |
About SHRCX
Western Asset California Municipals Fund Class A is a mutual fund that primarily targets the municipal bond market within the state of California. The fund seeks to provide investors with a high level of current income that is exempt from both regular federal income tax and California state personal income tax. It achieves this goal by investing mainly in intermediate-term and long-term municipal securities, with maturities ranging from one to over thirty years, which are typically investment grade. The fund utilizes a disciplined approach involving sector rotation and issuer selection, focusing on securities that support public projects like infrastructure, education, and healthcare across California municipalities. Western Asset California Municipals Fund Class A is particularly relevant for investors seeking tax-advantaged income within California and plays a significant role in offering exposure to the state's diverse municipal bond market.
Performance
SHRCX had a total return of 3.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.92%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VCITX | Vanguard | Vanguard California Long-Term Tax-Exempt Fund Investor Shares | 0.14% |
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 |
|---|---|---|
| Dec 31, 2025 | $0.03975 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03445 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04002 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03482 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03853 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03777 | Jul 31, 2025 |