Western Asset California Municipals Fund Class A (SHRCX)
| Fund Assets | 191.26M |
| Expense Ratio | 0.75% |
| Min. Investment | $1,000 |
| Turnover | 6.00% |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 3.09% |
| Dividend Growth | 5.98% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 13.95 |
| YTD Return | -0.18% |
| 1-Year Return | 5.43% |
| 5-Year Return | 1.95% |
| 52-Week Low | 13.39 |
| 52-Week High | 14.30 |
| Beta (5Y) | 0.27 |
| Holdings | 90 |
| 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 5.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.60%.
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% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2026 | $0.0375 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03812 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03556 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03944 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03975 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03445 | Nov 28, 2025 |