About SBLTX
Western Asset Intermediate-Term Municipals Fund Class A is an open-end mutual fund specializing in municipal fixed income investments. Its primary objective is to generate a high level of income that is exempt from federal income tax, achieved by allocating at least 80% of its assets to a diversified portfolio of intermediate-term municipal bonds, typically with maturities under 10 years. This fund primarily invests across a wide spectrum of issuers and sectors within the municipal market, including education, transportation, utilities, and health services, providing investors with broad exposure to U.S. tax-exempt debt securities. The fund's portfolio maintains a moderate interest rate sensitivity and a credit quality profile diversified among various rating tiers. Managed with a focus on prudent risk, the fund provides monthly income distributions and appeals to those seeking tax-advantaged cash flow. With an inception dating back to 1988, it has established a notable presence among intermediate-term municipal bond funds, serving as a key tool for investors aiming to balance income, risk, and tax efficiency within their fixed income allocation.
Fund Family Franklin Templeton Investments
Category Muni National Interm
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol SBLTX
Share Class Class A
Index Bloomberg 1-15 Y Municipal Blend TR
SBLTX had a total return of 4.39% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.36%.
