SOISX Fees and Costs — Western Asset Oregon Municipals Fund
Data updated: 2026-09-23
The net expense ratio is 0.52%: a 0.45% management fee plus 0.42% other expenses, less a 0.35% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 5%.
SOISX Fees and Expenses
Annual operating expenses and sales charges of SOISX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.42% |
| Gross expense ratio | 0.87% |
| Fee waiver | −0.35% |
| Net expense ratio | 0.52% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
SOISX Costs Over Time
On $10,000 invested in SOISX, assuming 5% a year before costs, total costs come to $328 over 5 years, cutting the return by 0.55% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.52%) | $55 | $171 | $298 |
| Lost growth on money paid in costs | $0 | $8 | $30 |
| Total costs | $55 | $180 | $328 |
| Value after costs | $10,445 | $11,397 | $12,434 |
| Impact on return, per year | 0.55% | 0.55% | 0.55% |
SOISX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $12.3M
- Portfolio turnover (prospectus): 5%
- Securities lending: none during the year
SOISX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Academy Securities, Inc. | $2.6M | 21.80% |
| Wedbush Securities Inc. | $2.1M | 17.68% |
| RBC CAPITAL MARKETS, LLC | $1.8M | 15.23% |
| PERSHING LLC | $1.5M | 12.58% |
| TD SECURITIES (USA) LLC | $1.1M | 9.23% |
| STIFEL, NICOLAUS & COMPANY, INC. | $1.0M | 8.42% |
| PNC Capital Markets LLC | $510K | 4.28% |
| WELLS FARGO SECURITIES, LLC | $500K | 4.19% |
| CitiGroup Global Markets Inc. | $400K | 3.35% |
| BOFA SECURITIES, INC. | $386K | 3.24% |
Western Asset Oregon Municipals Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SOISX | C000195075 | 0.52% | none |
| LMOOX | Class I | 0.55% | none |
| SHORX | Class A | 0.75% | 3.75% |
| SORLX | Class C | 1.30% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.