Western Asset SMASh Series M (LMSMX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

7.85

-0.01 (-0.13%)

At close: Aug 26, 2026

-0.13% (1Y)

Fund Assets	338.71M
Expense Ratio	n/a
Min. Investment	$0.00
Turnover	372.00%
Dividend (ttm)	0.36
Dividend Yield	4.53%
Dividend Growth	0.42%
Payout Frequency	Monthly
Ex-Dividend Date	Aug 14, 2026

Previous Close	7.86
YTD Return	1.30%
1-Year Return	4.43%
5-Year Return	-10.44%
52-Week Low	7.79
52-Week High	8.10
Beta (5Y)	0.34
Holdings	152
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.

Fund Family Franklin Templeton Investments

Category Miscellaneous Fixed Income

Performance Rating Below Average

Risk Rating High

Stock Exchange NASDAQ

Ticker Symbol LMSMX

Share Class Smash Series M Fund

Index Bloomberg US MBS Fixed Rate TR

Performance

LMSMX had a total return of 4.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.40%.

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 14, 2026	$0.02793	Aug 14, 2026
Jul 15, 2026	$0.02938	Jul 15, 2026
Jun 16, 2026	$0.02795	Jun 16, 2026
May 15, 2026	$0.02843	May 15, 2026
Apr 15, 2026	$0.02515	Apr 15, 2026
Mar 13, 2026	$0.02667	Mar 13, 2026

Full Dividend History