Western Asset Short Duration Muni Inc C2 (CIABX)
| Fund Assets | 274.92M |
| Expense Ratio | 1.14% |
| Min. Investment | $1,000 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.10 |
| Dividend Yield | 2.05% |
| Dividend Growth | 13.09% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 5.07 |
| YTD Return | 0.68% |
| 1-Year Return | 2.72% |
| 5-Year Return | 4.13% |
| 52-Week Low | 5.03 |
| 52-Week High | 5.12 |
| Beta (5Y) | n/a |
| Holdings | 139 |
| 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 2.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.87%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.00867 | Jun 30, 2026 |
| May 29, 2026 | $0.009 | May 29, 2026 |
| Apr 30, 2026 | $0.00873 | Apr 30, 2026 |
| Mar 31, 2026 | $0.00857 | Mar 31, 2026 |
| Feb 27, 2026 | $0.00811 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0088 | Jan 30, 2026 |