SHRCX — Western Asset California Municipals Fund
Data updated: 2026-07-22
SHRCX — Western Asset California Municipals Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $192.80M AUM · 0.94% expense ratio · 7.5% 1-yr return. From SEC regulatory filings.
SHRCX Fund Overview
SHRCX — Western Asset California 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: $192.80M
- 1-year return: 7.5%
- Ticker: SHRCX
- SEC CIK: 0000764624
- SEC series ID: S000016644
- Share class ID: C000046489
SHRCX Holdings
Top 10 holdings of Western Asset California Municipals Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Los Angeles Cnty Calif Pub Wks Fing Auth | 7.98% |
| California Pollution Control Financing Authority (ca) | 5.45% |
| Northern California Energy Authority (ca) | 4.05% |
| California Community Choice Financing Authority (ca) | 3.43% |
| Long Beach Bond Finance Authority (ca) | 2.96% |
| San Diego County Regional Airport Authority (ca) | 2.79% |
| California State Public Works Board (ca) | 2.75% |
| Sacramento Calif Mun Util Dist | 2.73% |
| Southern California Public Power Authority (ca) | 2.66% |
| Los Angeles City Departement Of Water And Power (ca) | 2.63% |
SHRCX Portfolio Allocation
Asset-class allocation of Western Asset California Municipals Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 104.0% |
SHRCX Performance
Total returns for SHRCX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.4% |
| 1 year | 7.5% |
| 3 years (annualised) | 3.6% |
| 5 years (annualised) | 0.5% |
SHRCX Risk Information
Risk metrics for SHRCX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.3%
SHRCX Costs and Fees
SHRCX costs about $94 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.94%
- Gross expense ratio: 0.94%
- Portfolio turnover: 6%
- Brokerage commissions: 0.01 bps of average net assets (SEC N-CEN)
SHRCX Cashflows
Over the 12 months to 2026-02, Western Asset California Municipals Fund had net outflows of $25.11M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | $550.19K |
| 2026-01 | −$739.48K |
| 2025-12 | −$5.68M |
| 2025-11 | −$2.85M |
| 2025-10 | −$1.18M |
| 2025-09 | −$1.49M |
SHRCX Debt Constituents
Largest debt holdings of Western Asset California Municipals Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Los Angeles Cnty Calif Pub Wks Fing Auth | 7.98% |
| California Pollution Control Financing Authority (ca) | 5.45% |
| Northern California Energy Authority (ca) | 4.05% |
| California Community Choice Financing Authority (ca) | 3.43% |
| Long Beach Bond Finance Authority (ca) | 2.96% |
| San Diego County Regional Airport Authority (ca) | 2.79% |
| California State Public Works Board (ca) | 2.75% |
| Sacramento Calif Mun Util Dist | 2.73% |
| Southern California Public Power Authority (ca) | 2.66% |
| Los Angeles City Departement Of Water And Power (ca) | 2.63% |
SHRCX Prospectus and SEC Filings
Official Western Asset California Municipals Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
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.