SHORX

About SHORX

Western Asset Oregon Municipals Fund Class A is an open-end mutual fund that specializes in providing tax-advantaged income for residents of Oregon. Its primary objective is to generate high monthly dividend income that is exempt from both regular federal income tax and Oregon state personal income tax, making it particularly attractive to investors seeking tax-efficient investment solutions in the state. The fund primarily invests in intermediate- and long-term municipal bonds issued by Oregon state and local governments, which are typically used to finance public infrastructure projects such as schools, transportation systems, and utilities. As part of the muni single-state long portfolio category, the fund maintains a portfolio with durations exceeding six years or average maturities over twelve years, focusing on securing reliable tax-exempt income while supporting public development within Oregon. This specialized approach positions the fund as a valuable instrument for investors who prioritize local community investment and tax relief through their fixed-income holdings.