Western Asset SMASh Series M Fund (LMSMX)
| Fund Assets | 396.08M |
| Expense Ratio | n/a |
| Min. Investment | $0.00 |
| Turnover | 250.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 4.28% |
| Dividend Growth | -10.20% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 15, 2026 |
| Previous Close | 8.05 |
| YTD Return | 1.52% |
| 1-Year Return | 14.31% |
| 5-Year Return | -12.04% |
| 52-Week Low | 7.12 |
| 52-Week High | 8.06 |
| Beta (5Y) | 0.37 |
| Holdings | 165 |
| Inception Date | Dec 27, 2006 |
About LMSMX
Western Asset SMASh Series M Fund is a mutual fund focused on generating total return by seeking both capital appreciation and income, while adhering to a prudent investment management approach. This fund primarily invests a substantial portion of its assets in mortgage-related securities—such as collateralized mortgage obligations—as well as U.S. government and other fixed income securities. Its distinctive approach places it within the “Miscellaneous Fixed Income” category, which includes portfolios with unique mandates that don’t fit standard bond fund classifications. The fund’s design often makes it appropriate for investors looking to complement other holdings, rather than as a core, stand-alone position. Managed by a team of professionals, Western Asset SMASh Series M Fund’s investment decisions are shaped by prevailing economic and market conditions, aiming to provide a balance of growth and income potential while navigating the risks typical of sector-focused strategies and mortgage-backed instruments.
Performance
LMSMX had a total return of 14.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.15%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 15, 2026 | $0.01074 | Jan 15, 2026 |
| Dec 16, 2025 | $0.0675 | Dec 16, 2025 |
| Nov 14, 2025 | $0.03028 | Nov 14, 2025 |
| Oct 15, 2025 | $0.02573 | Oct 15, 2025 |
| Sep 16, 2025 | $0.02848 | Sep 16, 2025 |
| Aug 15, 2025 | $0.02686 | Aug 15, 2025 |