Western Asset Short Duration Muni Inc C2 (CIABX)

Fund Assets	261.34M
Expense Ratio	1.14%
Min. Investment	$1,000
Turnover	25.00%
Dividend (ttm)	0.11
Dividend Yield	2.13%
Dividend Growth	10.61%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	4.970
YTD Return	-0.38%
1-Year Return	0.16%
5-Year Return	3.53%
52-Week Low	4.930
52-Week High	5.120
Beta (5Y)	n/a
Holdings	145
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.

• Fund Family: Franklin Templeton, Inc
• Category: Muni National Short
• Performance Rating: Low
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: CIABX
• Share Class: Class C2
• Index: Bloomberg Municipal Bond 3 Y TR

Performance

CIABX had a total return of 0.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.66%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
SHDSX	Class Is	0.35%
SMDYX	Class I	0.40%
SHDAX	Class A	0.55%
SHDLX	Class C	0.96%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.00927	Sep 30, 2026
Aug 31, 2026	$0.00864	Aug 31, 2026
Jul 31, 2026	$0.00965	Jul 31, 2026
Jun 30, 2026	$0.00867	Jun 30, 2026
May 29, 2026	$0.009	May 29, 2026
Apr 30, 2026	$0.00873	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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