Western Asset Massachusetts Municipals Fund Class I (LHMIX)

Fund Assets	27.32M
Expense Ratio	0.55%
Min. Investment	$1,000,000
Turnover	10.00%
Dividend (ttm)	0.32
Dividend Yield	2.96%
Dividend Growth	0.15%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	10.92
YTD Return	-3.17%
1-Year Return	-1.84%
5-Year Return	-3.35%
52-Week Low	10.65
52-Week High	11.70
Beta (5Y)	0.04
Holdings	47
Inception Date	Jun 3, 2008

About LHMIX

Western Asset Massachusetts Municipals Fund Class I is a fixed income mutual fund focused on municipal bonds issued in Massachusetts. Its primary purpose is to generate a high level of tax-exempt income by investing at least 80% of its assets in Massachusetts municipal debt securities, offering interest income that is generally exempt from both federal and Massachusetts state personal income taxes. The fund primarily targets intermediate- and long-term municipal bonds, providing exposure to essential infrastructure and public services within Massachusetts. It is most relevant for investors seeking income with potential tax advantages and plays an important role in the municipal bond market by supporting local projects while offering diversification benefits to portfolios sensitive to tax efficiency. With a relatively low expense ratio and a portfolio diversified across over 50 holdings, the fund is designed to appeal to Massachusetts residents and institutions with a focus on municipal credits in the region.

• Fund Family: Franklin Templeton, Inc
• Category: Muni Massachusetts
• Performance Rating: Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: LHMIX
• Share Class: Class I
• Index: Bloomberg Muni Bond Mass Exempt TR USD

Performance

LHMIX had a total return of -1.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.28%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
SLMMX	Class A	0.75%
SMALX	Class C	1.30%
LHISX	Class Is	0.52%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02718	Sep 30, 2026
Aug 31, 2026	$0.02589	Aug 31, 2026
Jul 31, 2026	$0.02895	Jul 31, 2026
Jun 30, 2026	$0.02629	Jun 30, 2026
May 29, 2026	$0.02715	May 29, 2026
Apr 30, 2026	$0.02592	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 17, 2026

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