Western Asset Short Duration Muni Inc C2 (CIABX)
| Fund Assets | 293.23M |
| Expense Ratio | 1.09% |
| Min. Investment | $1,000 |
| Turnover | 26.00% |
| Dividend (ttm) | 0.10 |
| Dividend Yield | 1.95% |
| Dividend Growth | 16.53% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 5.12 |
| YTD Return | 0.96% |
| 1-Year Return | 4.24% |
| 5-Year Return | 4.76% |
| 52-Week Low | 4.86 |
| 52-Week High | 5.12 |
| Beta (5Y) | n/a |
| Holdings | 147 |
| Inception Date | Nov 3, 2020 |
About CIABX
Western Asset Short Duration Municipal Income Fund Class C2 is an open-end mutual fund focused on generating high current income that is exempt from regular federal income tax, while also preserving capital. This fund predominantly invests at least 80% of its assets in municipal securities, such as bonds and related interests issued by banks, insurance companies, and other financial institutions—the interest from which is generally free from federal income taxes. The portfolio targets short-duration municipal bonds, holding securities primarily issued by state and local governments to fund public projects, with a typical duration of less than four years. By concentrating on quality short-maturity instruments, the fund aims to limit interest rate risk and maintain liquidity, making it suitable for investors seeking tax-advantaged income with moderate volatility. The fund’s composition emphasizes a broad geographic and sector diversification in municipal finance, with a significant allocation to highly rated bonds (AA and A categories comprise over 85% of the portfolio). Managed by Franklin Templeton Investments, Western Asset Short Duration Municipal Income Fund Class C2 plays a key role in the market by connecting investors to tax-efficient, short-term municipal debt and supporting public finance initiatives nationwide.
Performance
CIABX had a total return of 4.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.36%.
Top 10 Holdings
20.59% of assets| Name | Symbol | Weight |
|---|---|---|
| INDIANAPOLIS IND LOC PUB IMPT BD BK 5% | IN.INPGEN 5 01.01.2029 | 2.55% |
| CONNECTICUT ST 4% | n/a | 2.50% |
| DENVER COLO CITY & CNTY ARPT REV 5% | CO.DENAPT 5 12.01.2031 | 2.34% |
| TRIBOROUGH BRDG & TUNL AUTH N Y PAYROLL MOBILITY TAX 5% | NY.TRBTRN 5 03.15.2029 | 2.30% |
| LONG IS PWR AUTH N Y ELEC SYS REV 5% | NY.LSLPWR 09.01.2052 | 1.97% |
| NEW JERSEY ST TRANSN TR FD AUTH 0% | n/a | 1.88% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | n/a | 1.79% |
| LONG IS PWR AUTH N Y ELEC SYS REV 3% | NY.LSLPWR 09.01.2049 | 1.79% |
| NEW JERSEY ECONOMIC DEV AUTH MTR VEH SURCHARGES REV 5% | NJ.NJSDEV 5 07.01.2028 | 1.76% |
| ST JOHN BAPTIST PARISH LA REV 2.375% | n/a | 1.69% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.0088 | Jan 30, 2026 |
| Dec 31, 2025 | $0.00932 | Dec 31, 2025 |
| Nov 28, 2025 | $0.00797 | Nov 28, 2025 |
| Oct 31, 2025 | $0.00953 | Oct 31, 2025 |
| Sep 30, 2025 | $0.00829 | Sep 30, 2025 |
| Aug 29, 2025 | $0.00882 | Aug 29, 2025 |