LPPIX — Western Asset Pennsylvania Municipals Fund
Data updated: 2026-08-27
LPPIX — Western Asset Pennsylvania Municipals Fund. Long Municipal - National Bond · $78.51M AUM. Holdings, fees, performance and SEC filings.
LPPIX Fund Overview
LPPIX — Western Asset Pennsylvania Municipals Fund is a US mutual fund managed by Legg Mason Partners Income Trust, categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Legg Mason Partners Income Trust
- Category: Long Municipal - National Bond
- Assets under management: $78.51M
- 1-year return: 7.6%
- Ticker: LPPIX
- SEC CIK: 0000764624
- SEC series ID: S000016637
- Share class ID: C000046466
LPPIX Holdings
Top 10 holdings of Western Asset Pennsylvania Municipals Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Municipal Authority Of Westmoreland County (pa) | 9.68% |
| Pennsylvania Turnpike Commission (pa) | 6.67% |
| Pennsylvania Turnpike Commission (pa) | 4.67% |
| Philadelphia (pa), City Of | 4.38% |
| Philadelphia (pa), City Of | 3.86% |
| Lancaster County Hospital Authority (pa) | 3.82% |
| Pennsylvania Higher Educational Facilities Authority (pa) | 3.22% |
| Philadelphia (pa), City Of | 3.21% |
| Wilkes-Barre Area School District (pa) | 2.64% |
| Philadelphia Authority For Industrial Development (pa) | 2.63% |
LPPIX Portfolio Allocation
Asset-class allocation of Western Asset Pennsylvania Municipals Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 99.2% |
LPPIX Performance
Total returns for LPPIX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.6% |
| 1 year | 7.6% |
| 3 years (annualised) | 4.2% |
| 5 years (annualised) | 0.7% |
LPPIX Risk Information
Risk metrics for LPPIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.6%
LPPIX Costs and Fees
LPPIX costs about $55 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.55%
- Gross expense ratio: 0.74%
- Portfolio turnover: 9%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
LPPIX Cashflows
Over the 12 months to 2026-06, Western Asset Pennsylvania Municipals Fund had net outflows of $2.63M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$733.63K |
| 2026-05 | −$246.42K |
| 2026-04 | −$383.24K |
| 2026-03 | −$294.79K |
| 2026-02 | −$166.70K |
| 2026-01 | −$628.38K |
LPPIX Debt Constituents
Largest debt holdings of Western Asset Pennsylvania Municipals Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Municipal Authority Of Westmoreland County (pa) | 9.68% |
| Pennsylvania Turnpike Commission (pa) | 6.67% |
| Pennsylvania Turnpike Commission (pa) | 4.67% |
| Philadelphia (pa), City Of | 4.38% |
| Philadelphia (pa), City Of | 3.86% |
| Lancaster County Hospital Authority (pa) | 3.82% |
| Pennsylvania Higher Educational Facilities Authority (pa) | 3.22% |
| Philadelphia (pa), City Of | 3.21% |
| Wilkes-Barre Area School District (pa) | 2.64% |
| Philadelphia Authority For Industrial Development (pa) | 2.63% |
LPPIX Prospectus and SEC Filings
Official Western Asset Pennsylvania Municipals Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-07-24
- Prospectus (485BPOS) — filed 2025-07-25
- Prospectus (485BPOS) — filed 2024-07-26
- Portfolio holdings (N-PORT) — filed 2026-08-27
- Portfolio holdings (N-PORT) — filed 2026-05-21
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-06-10
- Annual census (N-CEN) — filed 2025-06-10
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.