SBPAX Mutual Fund
SBPAX Mutual Fund
NAV$11.54
AUM$60M
TER0.90%
Holdings72
See how much of SBPAX you already own
SBPAX Mutual Fund
NAV$11.54
Western Asset Pennsylvania Municipals Fund Class A
AUM$60M
TER0.90%
Holdings72
See how much of SBPAX you already own
Showing top 50 of 69 holdings · as of Sep 30, 2026
| # | Ticker | Name | Weight | Cumulative | Shares | Mkt value | Sector | Industry |
|---|---|---|---|---|---|---|---|---|
| 1 | — | Westmoreland County Municipal Authority | 10.24% | 10.2% | 8,830,000 | $7.36M | - | - |
| 2 | Debt | Pennsylvania Turnpike Commission Oil Franchise Tax Revenue | 6.61% | 16.9% | 5,000,000 | $4.75M | - | - |
| 3 | Debt | City Of Philadelphia Pa Water & Wastewater RevenueUtilities · Multi-Utilities | 4.51% | 21.4% | 3,335,000 | $3.25M | Utilities | Multi-Utilities |
| 4 | — | Philadelphia, Pennsylvania, Airport Revenue Bonds, Refunding Series 2017b | 3.99% | 25.4% | 3,000,000 | $2.87M | - | - |
| 5 | — | Lancaster County Hospital Authority, Pennsylvania, Revenue Bonds, Landis Homes Retirement Community Project, Refunding Series 2015a | 3.82% | 29.2% | 3,000,000 | $2.75M | - | - |
| 6 | — | Pennsylvania Higher Educational Facilities Authority Revenue (university of Pennsylvania Health System) | 3.42% | 32.6% | 2,500,000 | $2.46M | - | - |
| 7 | — | Philadelphia Gas Works, Pennsylvania, Revenue Bonds, General Ordinance, Fifteenth Series 2017Utilities · Multi-Utilities | 3.36% | 36.0% | 2,500,000 | $2.42M | Utilities | Multi-Utilities |
| 8 | — | Philadelphia Authority For Industrial Development, City Service Agreement Revenue Bonds, Series 2018 | 2.79% | 38.7% | 2,000,000 | $2.01M | - | - |
| 9 | Debt | Pennsylvania Turnpike CommissionUtilities · Gas Utilities | 2.71% | 41.5% | 2,000,000 | $1.95M | Utilities | Gas Utilities |
| 10 | — | Wilkes-barre Pa Area School District Go | 2.53% | 44.0% | 2,250,000 | $1.82M | - | - |
| 11 | — | Pennsylvania Higher Educational Facilities Authority Revenue Bonds, Widener University, Series 2021A | 2.42% | 46.4% | 2,300,000 | $1.74M | - | - |
| 12 | — | Southcentrl Pa Gen Auth Revenu Scagen 06/44 Fixed 4 | 2.34% | 48.7% | 1,950,000 | $1.68M | - | - |
| 13 | — | Pennsylvania St Econ Dev Fing Regd N/c B/e 4.00000000 | 2.20% | 50.9% | 1,585,000 | $1.58M | - | - |
| 14 | — | Pennsylvania Economic Dev Fing Auth Upmc Rev 405/15/2053 | 2.14% | 53.1% | 2,000,000 | $1.54M | - | - |
| 15 | — | Pennsylvania Higher Educational Facilities Authority 4%, 8/15/42Financials · Diversified Financial Services | 2.10% | 55.2% | 1,750,000 | $1.51M | Financials | Diversified Financial Services |
| 16 | Debt | City Of Philadelphia PaIndustrials · Construction | 2.10% | 57.3% | 1,500,000 | $1.51M | Industrials | Construction |
| 17 | — | Pennsylvania St Econ Dev Fing Pasdev 06/48 Fixed 5.75Financials · Diversified Financial Services | 1.96% | 59.2% | 1,400,000 | $1.41M | Financials | Diversified Financial Services |
| 18 | — | Montgomery County Industrial Development Authority, Pennsylvania, Revenue Bonds, Acts Retirement-Life Communities, Inc. Obligated Group, Series 2023A 5.25 2053-11-15 | 1.67% | 60.9% | 1,315,000 | $1.20M | - | - |
| 19 | — | Lancaster (County Of), Pa Hospital Authority (Penn State Health), Series 2021, RbHealth Care · Healthcare Services | 1.62% | 62.5% | 1,250,000 | $1.16M | Health Care | Healthcare Services |
| 20 | — | Cumberland County Pa Municipal Authority Revenue (penn State Health Obligated Group) | 1.52% | 64.1% | 1,200,000 | $1.09M | - | - |
| 21 | — | Cmwlth Fing Auth Pa Tobacco Master Settlement Payment RevFinancials · Thrifts | 1.41% | 65.5% | 1,000,000 | $1.01M | Financials | Thrifts |
| 22 | — | Pennsylvania Turnpike Commission 12/01/2052Financials · Diversified Financial Services | 1.39% | 66.9% | 1,000,000 | $1.00M | Financials | Diversified Financial Services |
| 23 | — | Pittsburgh and Allegheny County Sports and Exhibition Authority, Pennsylvania, Parking Revenue Bonds, Series 2017 | 1.39% | 68.2% | 1,000,000 | $1.00M | - | - |
| 24 | — | Philadelphia Pa Energy Auth 5%, Due 11/01/2042Utilities · Multi-Utilities | 1.37% | 69.6% | 1,000,000 | $984.9K | Utilities | Multi-Utilities |
| 25 | Debt | Philadelphia Pa Auth For Indld 5.0000% Mat 12/01/2045 | 1.36% | 71.0% | 1,000,000 | $976.0K | - | - |
| 26 | — | Erie Pa Swr Auth 5%, Due 12/01/2046 | 1.34% | 72.3% | 1,000,000 | $965.1K | - | - |
| 27 | — | Montgomery (county Of), Pa Industrial Development Authority (acts Retirement-life Communities, Inc.), Series 2020 C, Rb | 1.29% | 73.6% | 1,000,000 | $927.1K | - | - |
| 28 | — | Lancaster Pa Indl Dev Auth | 1.25% | 74.9% | 1,000,000 | $901.8K | - | - |
| 29 | — | Pennsylvania St Econ Dev Fing Regd N/c B/e 4.00000000 | 1.24% | 76.1% | 900,000 | $895.1K | - | - |
| 30 | — | North Allegheny School District, Allegheny County, Pennsylvania, General Obligation Bonds, Limited Tax Series 2019 | 1.18% | 77.3% | 1,000,000 | $851.4K | - | - |
| 31 | — | Pennsylvania (state Of) Economic Development Financing Authority (philadelphia Biosolids Facilities), Series 2020, Ref. Rb | 1.09% | 78.4% | 800,000 | $784.2K | - | - |
| 32 | — | State Public School Building AuthorityFinancials · Thrifts | 1.04% | 79.4% | 750,000 | $750.0K | Financials | Thrifts |
| 33 | — | Bucks County Industrial Development Authority | 1.04% | 80.4% | 785,000 | $747.1K | - | - |
| 34 | — | Philadelphia Pa Energy Auth 5 11-01-2043 | 0.95% | 81.4% | 700,000 | $683.2K | - | - |
| 35 | Debt | Bucks County Water and Sewer AuthorityUtilities · Water Utilities | 0.91% | 82.3% | 750,000 | $651.7K | Utilities | Water Utilities |
| 36 | Debt | Montgomery County Industrial Development Authority, Series 2021 A | 0.84% | 83.1% | 800,000 | $607.1K | - | - |
| 37 | — | Berks County Industrial Development Authority, Pennsylvania, Healthcare Facilities Revenue Bonds, Highlands At Wyomissing, Series 2017a | 0.75% | 83.9% | 600,000 | $540.5K | - | - |
| 38 | — | Bucks County Industrial Development Authority | 0.71% | 84.6% | 530,000 | $509.7K | - | - |
| 39 | Debt | Pennsylvania Economic Development Financing Authority, Series 2009 B | 0.70% | 85.3% | 500,000 | $500.4K | - | - |
| 40 | Debt | Montgomery County Industrial Development Authority, Series 2021 A | 0.69% | 86.0% | 625,000 | $498.8K | - | - |
| 41 | — | Berks (county Of), Pa Industrial Development Authority (highlands At Wyomissing), Series 2017 A, Ref. RbFinancials · Thrifts | 0.65% | 86.6% | 500,000 | $465.9K | Financials | Thrifts |
| 42 | — | Bucks Cnty Pa Indl Dev Auth Ho Bucmed 08/35 Fixed 4 | 0.65% | 87.3% | 500,000 | $470.7K | - | - |
| 43 | Debt | PrcutlUtilities · Electric Utilities | 0.64% | 87.9% | 500,000 | $461.5K | Utilities | Electric Utilities |
| 44 | — | Montgomery (County Of), Pa Industrial Development Authority (Germantown ACademy) | 0.63% | 88.6% | 450,000 | $450.0K | - | - |
| 45 | — | Philadelphia Authority For Industrial Development 0.05 Feb-05-2021 | 0.56% | 89.1% | 400,000 | $400.0K | - | - |
| 46 | Debt | Pr CommonwealthFinancials · Diversified Financial Services | 0.53% | 89.7% | 425,000 | $384.4K | Financials | Diversified Financial Services |
| 47 | — | Montgomery County Industrial Development Authority, Pennsylvania, Revenue Bonds, Germantown Academy Project, Series 2021A | 0.52% | 90.2% | 450,000 | $375.0K | - | - |
| 48 | Debt | Puerto Rico Sales Tax Financing Corp SaFinancials · Diversified Financial Services | 0.51% | 90.7% | 415,000 | $367.8K | Financials | Diversified Financial Services |
| 49 | Debt | Philadelphia Authority For Industrial Development | 0.48% | 91.2% | 400,000 | $345.9K | - | - |
| 50 | — | Pennsylvania St Tpk Commn Tpk 2.86% Dec 01, 2043Industrials · Transportation Infrastructure | 0.42% | 91.6% | 300,000 | $300.0K | Industrials | Transportation Infrastructure |
| More holdings · Pro | ||||||||
Scroll for 34 more
Not reported for this fund: share changes.
SBPAX Mutual Fund All Holdings
SBPAX holdings total 72 positions. The top 10 holdings account for 44.0% of the fund, led by Westmoreland County Municipal Authority at 10.2%, Pennsylvania Turnpike Commission Oil Franchise Tax Revenue 5 12/01/2053 at 6.6%, City Of Philadelphia Pa Water & Wastewater Revenue 5 10/01/2043 at 4.5%.
SBPAX portfolio concentration is moderate, with the top 10 representing 44.0% of total assets. The largest sector exposure is Utilities at 13.5%.
SBPAX sectors provide a detailed breakdown. SBPAX overlap shows how holdings compare to other funds in your portfolio.