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Name

As of 08/05/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Western Asset New York Tax Free Money Market Fund

LNAXX | Fund

$1.00

$81.5 M

-

0.60%

Vitals

YTD Return

0.0%

1 yr return

0.0%

3 Yr Avg Return

0.5%

5 Yr Avg Return

0.5%

Net Assets

$81.5 M

Holdings in Top 10

37.1%

52 WEEK LOW AND HIGH

$1.0
$1.00
$1.00

Expenses

OPERATING FEES

Expense Ratio 0.60%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

N/A

Fund Classification

Fund Type

Money Market Fund

Name

As of 08/05/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Western Asset New York Tax Free Money Market Fund

LNAXX | Fund

$1.00

$81.5 M

-

0.60%

LNAXX - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 0.5%
  • 5 Yr Annualized Total Return 0.5%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.50%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Western Asset New York Tax Free Money Market Fund
  • Fund Family Name
    Franklin Templeton Investments
  • Inception Date
    Mar 30, 2011
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Management Team

Fund Description

LNAXX - Performance

Return Ranking - Trailing

Period LNAXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 8.55%
1 Yr 0.0% 0.0% 0.7% 61.05%
3 Yr 0.5%* 0.0% 1.1% 81.10%
5 Yr 0.5%* 0.0% 1.0% 81.29%
10 Yr 0.2%* 0.0% 0.5% 81.20%

* Annualized

Return Ranking - Calendar

Period LNAXX Return Category Return Low Category Return High Rank in Category (%)
2023 0.0% 0.0% 0.0% 11.11%
2022 0.0% 0.0% 0.0% 11.45%
2021 N/A 0.0% 0.0% 47.24%
2020 N/A 0.0% 0.0% 47.25%
2019 N/A 0.0% 0.0% 47.15%

Total Return Ranking - Trailing

Period LNAXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 8.55%
1 Yr 0.0% -1.0% 0.7% 60.47%
3 Yr 0.5%* 0.0% 1.1% 81.10%
5 Yr 0.5%* 0.0% 1.0% 81.29%
10 Yr 0.2%* 0.0% 0.5% 81.20%

* Annualized

Total Return Ranking - Calendar

Period LNAXX Return Category Return Low Category Return High Rank in Category (%)
2023 0.0% 0.0% 0.0% 11.11%
2022 0.0% 0.0% 0.0% 11.45%
2021 N/A 0.0% 0.0% 47.12%
2020 N/A 0.0% 0.0% 47.61%
2019 N/A 0.0% 0.0% 47.49%

NAV & Total Return History

LNAXX - Holdings

Concentration Analysis

LNAXX Category Low Category High LNAXX % Rank
Net Assets 81.5 M 29.5 M 20.3 B 93.26%
Number of Holdings 66 1 870 78.09%
Net Assets in Top 10 45.4 M 15 M 20.3 B 93.26%
Weighting of Top 10 37.09% 9.7% 100.0% 33.15%

Top 10 Holdings

  1. Cash 5.25%
  2. Cash 5.25%
  3. Cash 5.25%
  4. Cash 5.25%
  5. Cash 5.25%
  6. Cash 5.25%
  7. Cash 5.25%
  8. Cash 5.25%
  9. NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 0.02% 4.72%
  10. NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY HSG REV 0.03% 4.23%

Asset Allocation

Weighting Return Low Return High LNAXX % Rank
Bonds 		98.81% 0.00% 100.00% 3.37%
Cash 		1.19% 0.00% 100.00% 97.75%
Stocks 		0.00% 0.00% 0.00% 11.24%
Preferred Stocks 		0.00% 0.00% 0.00% 11.24%
Other 		0.00% 0.00% 12.12% 20.79%
Convertible Bonds 		0.00% 0.00% 0.00% 11.24%

Bond Sector Breakdown

Weighting Return Low Return High LNAXX % Rank
Municipal 		98.81% 0.00% 100.00% 3.37%
Cash & Equivalents 		1.19% 0.00% 100.00% 97.75%
Derivative 		0.00% 0.00% 0.00% 11.24%
Securitized 		0.00% 0.00% 0.00% 11.24%
Corporate 		0.00% 0.00% 0.00% 11.24%
Government 		0.00% 0.00% 42.56% 15.73%

Bond Geographic Breakdown

Weighting Return Low Return High LNAXX % Rank
US 		98.81% 0.00% 100.00% 3.37%
Non US 		0.00% 0.00% 0.00% 11.24%

LNAXX - Expenses

Operational Fees

LNAXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.60% 0.12% 1.18% 15.73%
Management Fee 0.45% 0.08% 0.50% 96.63%
12b-1 Fee 0.10% 0.00% 0.75% 21.43%
Administrative Fee N/A 0.03% 0.55% N/A

Sales Fees

LNAXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

LNAXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

LNAXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 16.00% N/A

LNAXX - Distributions

Dividend Yield Analysis

LNAXX Category Low Category High LNAXX % Rank
Dividend Yield 0.00% 0.00% 0.00% 11.24%

Dividend Distribution Analysis

LNAXX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

LNAXX Category Low Category High LNAXX % Rank
Net Income Ratio 0.50% -0.01% 0.93% 18.08%

Capital Gain Distribution Analysis

LNAXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

LNAXX - Fund Manager Analysis

Managers

Management Team

Start Date

Tenure

Tenure Rank

May 12, 2001

20.23

20.2%

Team Managed

Tenure Analysis

Category Low Category High Category Average Category Mode
1.42 27.05 13.73 14.43

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