Western Asset Pennsylvania Municipals Fund C (SPALX)
11.57
-0.01
(-0.09%)
USD |
Sep 03 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.47% | 76.41M | -- | 9.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -7.114M | 4.08% |
Basic Info
| Investment Strategy | |
| The Fund seeks to pay its shareholders as high a level of income exempt from federal income taxes and Pennsylvania personal income taxes as is consistent with prudent investing by investing primarily in obligations issued by the Commonwealth of Pennsylvania and its political subdivisions, agencies and instrumentalities. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | Pennsylvania Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Pennsylvania Municipal Debt Funds |
| Fund Owner Firm Name | Franklin Templeton |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
49
-6.583M
Peer Group Low
14.80M
Peer Group High
1 Year
% Rank:
54
-7.114M
-63.73M
Peer Group Low
183.54M
Peer Group High
3 Months
% Rank:
47
-10.75M
Peer Group Low
57.74M
Peer Group High
3 Years
% Rank:
47
-164.41M
Peer Group Low
160.21M
Peer Group High
6 Months
% Rank:
47
-21.54M
Peer Group Low
116.93M
Peer Group High
5 Years
% Rank:
40
-390.55M
Peer Group Low
-4.678M
Peer Group High
YTD
% Rank:
54
-26.09M
Peer Group Low
165.58M
Peer Group High
10 Years
% Rank:
54
-782.40M
Peer Group Low
91.51M
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of September 04, 2026.
Asset Allocation
As of July 31, 2026.
| Type | % Net |
|---|---|
| Cash | 0.03% |
| Stock | 0.00% |
| Bond | 99.44% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.52% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| WESTMORELAND CNTY PA MUN AUTH MUN SVC REV PA 0.000 08/15/2030 | 9.83% | 85.87 | 0.01% |
| PENNSYLVANIA ST TPK COMMN OIL FRANCHISE TAX REV PA 5.000 12/01/2053 | 6.65% | 99.81 | 0.00% |
| PENNSYLVANIA ST TPK COMMN TPK REV PA 5.000 12/01/2045 | 4.72% | 102.41 | -0.04% |
| PHILADELPHIA PA WTR & WASTEWTR REV PA 5.000 10/01/2043 | 4.43% | 101.51 | -0.04% |
| PHILADELPHIA PA ARPT REV PA 5.000 07/01/2042 | 3.93% | 100.34 | -0.02% |
| LANCASTER CNTY PA HOSP AUTH REV PA 5.000 07/01/2045 | 3.90% | 92.32 | -0.02% |
| PENNSYLVANIA ST HIGHER EDL FACS AUTH REV PA 5.000 08/15/2047 | 3.28% | 100.28 | 0.00% |
| PHILADELPHIA PA GAS WKS REV PA 5.000 08/01/2047 | 3.28% | 100.23 | 0.00% |
| PHILADELPHIA PA AUTH FOR INDL DEV CITY SVC AGREEMENT REV PA 5.000 05/01/2037 | 2.67% | 101.45 | -0.03% |
| PENNSYLVANIA ST TPK COMMN TPK REV PA 5.000 12/01/2048 | 2.64% | 101.06 | 0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.70% |
| Actual Management Fee | 0.45% |
| Administration Fee | -- |
| Maximum Front Load | 0.00% |
| Maximum Deferred Load | 1.00% |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1000.00 None |
| Minimum Subsequent Investment | 50.00 None |
TTM Distributions
| Type | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of August 31, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks to pay its shareholders as high a level of income exempt from federal income taxes and Pennsylvania personal income taxes as is consistent with prudent investing by investing primarily in obligations issued by the Commonwealth of Pennsylvania and its political subdivisions, agencies and instrumentalities. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | Pennsylvania Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Pennsylvania Municipal Debt Funds |
| Fund Owner Firm Name | Franklin Templeton |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (9-3-26) | 2.39% |
| 30-Day SEC Yield (7-31-26) | 2.89% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 74 |
| Bond | |
| Yield to Maturity (7-31-26) | 4.39% |
| Effective Duration | 7.13 |
| Average Coupon | 4.69% |
| Calculated Average Quality | 2.895 |
| Effective Maturity | 8.834 |
| Nominal Maturity | 16.73 |
| Number of Bond Holdings | 72 |
As of July 31, 2026
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:SPALX", "name") |
| Broad Asset Class: =YCI("M:SPALX", "broad_asset_class") |
| Broad Category: =YCI("M:SPALX", "broad_category_group") |
| Prospectus Objective: =YCI("M:SPALX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |