Western Asset California Municipals IS (SHRSX)
| Fund Assets | 204.11M |
| Expense Ratio | 0.52% |
| Min. Investment | $1,000,000 |
| Turnover | 27.00% |
| Dividend (ttm) | 0.47 |
| Dividend Yield | 3.31% |
| Dividend Growth | 4.80% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 14.03 |
| YTD Return | 0.91% |
| 1-Year Return | 0.52% |
| 5-Year Return | 1.41% |
| 52-Week Low | 13.25 |
| 52-Week High | 14.25 |
| Beta (5Y) | n/a |
| Holdings | 98 |
| Inception Date | Aug 9, 2019 |
About SHRSX
Western Asset California Municipals Fund IS is a mutual fund focused on providing a high level of current income that is exempt from both regular federal income taxes and California state personal income taxes. The fund primarily invests at least 80% of its assets in municipal securities issued by the state of California and its local governments or agencies. These securities typically include intermediate-term and long-term municipal bonds, with maturities ranging from one to over thirty years, offering diversification across various credit qualities and issuers. The primary purpose of the fund is to serve California-based investors seeking tax-advantaged income, making it particularly relevant for those in higher tax brackets. By targeting California municipal bonds, the fund has a significant impact on the public finance sector within the state, helping finance infrastructure, schools, and community projects. The fund’s relatively low expense ratio further enhances its appeal as an efficient vehicle within the municipal bond fund category.
Performance
SHRSX had a total return of 0.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.42%.
Top 10 Holdings
31.26% of assets| Name | Symbol | Weight |
|---|---|---|
| CALIFORNIA POLLUTION CTL FING AUTH WTR FURNISHING REV 5% | CA.CASPOL 5 11.21.2045 | 5.02% |
| NORTHERN CALIF ENERGY AUTH COMMODITY SUPPLY REV 5% | CA.NCEPWR 12.01.2054 | 3.95% |
| ALAMEDA CORRIDOR TRANSN AUTH CALIF REV 5% | CA.ALATRN 5 10.01.2034 | 3.33% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4% | CA.CCEDEV 02.01.2052 | 3.30% |
| LONG BEACH CALIF BD FIN AUTH NAT GAS PUR REV 5.5% | CA.LONUTL 5.5 11.15.2037 | 2.78% |
| SAN DIEGO CNTY CALIF REGL ARPT AUTH ARPT REV 5% | CA.SDGAPT 5 07.01.2046 | 2.62% |
| TENDER OPT BD TR RCPTS / CTFS VAR STS 0% | CA.TENGEN 12.01.2049 | 2.59% |
| SACRAMENTO CALIF MUN UTIL DIST ELEC REV 5% | CA.SACPWR 5 11.15.2054 | 2.58% |
| SOUTHERN CALIF PUB PWR AUTH NAT GAS PROJ REV 5% | CA.STNPWR 5 11.01.2033 | 2.57% |
| LOS ANGELES CALIF DEPT WTR & PWR REV 5% | CA.LOSUTL 5 07.01.2042 | 2.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.03742 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04138 | Aug 29, 2025 |
| Jul 31, 2025 | $0.04053 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0372 | Jun 30, 2025 |
| May 30, 2025 | $0.04087 | May 30, 2025 |
| Apr 30, 2025 | $0.03813 | Apr 30, 2025 |