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Trending ETFs

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

$1.00

$45.4 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

$45.4 M

Holdings in Top 10

30.6%

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

$1.00

$45.4 M

-

0.60%

LWAXX - 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 0.47%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Western Asset Tax Free Reserves
  • Fund Family Name
    Franklin Templeton Investments
  • Inception Date
    Aug 17, 2010
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Management Team

Fund Description


LWAXX - Performance

Return Ranking - Trailing

Period LWAXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 65.81%
1 Yr 0.0% 0.0% 0.7% 69.19%
3 Yr 0.5%* 0.0% 1.1% 80.49%
5 Yr 0.5%* 0.0% 1.0% 80.00%
10 Yr 0.2%* 0.0% 0.5% 79.70%

* Annualized

Return Ranking - Calendar

Period LWAXX Return Category Return Low Category Return High Rank in Category (%)
2023 0.0% 0.0% 0.0% 67.84%
2022 0.0% 0.0% 0.0% 68.67%
2021 N/A 0.0% 0.0% 62.26%
2020 N/A 0.0% 0.0% 62.72%
2019 N/A 0.0% 0.0% 62.32%

Total Return Ranking - Trailing

Period LWAXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 65.81%
1 Yr 0.0% -1.0% 0.7% 68.60%
3 Yr 0.5%* 0.0% 1.1% 80.49%
5 Yr 0.5%* 0.0% 1.0% 80.00%
10 Yr 0.2%* 0.0% 0.5% 79.70%

* Annualized

Total Return Ranking - Calendar

Period LWAXX Return Category Return Low Category Return High Rank in Category (%)
2023 0.0% 0.0% 0.0% 67.84%
2022 0.0% 0.0% 0.0% 68.67%
2021 N/A 0.0% 0.0% 62.09%
2020 N/A 0.0% 0.0% 62.99%
2019 N/A 0.0% 0.0% 62.54%

NAV & Total Return History


LWAXX - Holdings

Concentration Analysis

LWAXX Category Low Category High LWAXX % Rank
Net Assets 45.4 M 29.5 M 20.3 B 96.07%
Number of Holdings 117 1 870 53.37%
Net Assets in Top 10 90.9 M 15 M 20.3 B 76.40%
Weighting of Top 10 30.61% 9.7% 100.0% 53.37%

Top 10 Holdings

  1. UNIVERSITY WIS HOSPS & CLINICS AUTH REV 0.11% 4.39%
  2. NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY RENT HSG REV 0.06% 4.38%
  3. NEW YORK ST ENERGY RESH & DEV AUTH 0.06% 4.17%
  4. NEW YORK ST HSG FIN AGY REV 0.03% 3.76%
  5. IDAHO HEALTH FACS AUTH REV 0.02% 2.97%
  6. NEW YORK N Y 0.09% 2.93%
  7. MOBILE CNTY ALA INDL DEV AUTH POLLUTION CTL REV 0.01% 2.81%
  8. NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 0.03% 2.79%
  9. OREGON ST FACS AUTH REV 0.02% 2.66%
  10. MINNEAPOLIS MINN HEALTH CARE SYS REV 0.02% 2.58%

Asset Allocation

Weighting Return Low Return High LWAXX % Rank
Bonds
98.08% 0.00% 100.00% 4.49%
Cash
1.92% 0.00% 100.00% 96.63%
Stocks
0.00% 0.00% 0.00% 68.54%
Preferred Stocks
0.00% 0.00% 0.00% 68.54%
Other
0.00% 0.00% 12.12% 69.66%
Convertible Bonds
0.00% 0.00% 0.00% 68.54%

Bond Sector Breakdown

Weighting Return Low Return High LWAXX % Rank
Municipal
98.08% 0.00% 100.00% 4.49%
Cash & Equivalents
1.92% 0.00% 100.00% 96.63%
Derivative
0.00% 0.00% 0.00% 68.54%
Securitized
0.00% 0.00% 0.00% 68.54%
Corporate
0.00% 0.00% 0.00% 68.54%
Government
0.00% 0.00% 42.56% 71.91%

Bond Geographic Breakdown

Weighting Return Low Return High LWAXX % Rank
US
98.08% 0.00% 100.00% 4.49%
Non US
0.00% 0.00% 0.00% 68.54%

LWAXX - Expenses

Operational Fees

LWAXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.60% 0.12% 1.18% 18.54%
Management Fee 0.45% 0.08% 0.50% 97.75%
12b-1 Fee 0.07% 0.00% 0.75% 19.64%
Administrative Fee N/A 0.03% 0.55% N/A

Sales Fees

LWAXX 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

LWAXX 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.

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

LWAXX - Distributions

Dividend Yield Analysis

LWAXX Category Low Category High LWAXX % Rank
Dividend Yield 0.00% 0.00% 0.00% 68.54%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

LWAXX Category Low Category High LWAXX % Rank
Net Income Ratio 0.47% -0.01% 0.93% 20.34%

Capital Gain Distribution Analysis

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

Distributions History

View More +

LWAXX - 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