Western Asset Intermediate-Term Muni A (SBLTX)
| Fund Assets | 1.73B |
| Expense Ratio | 0.64% |
| Min. Investment | $1,000 |
| Turnover | 10.00% |
| Dividend (ttm) | 0.19 |
| Dividend Yield | 3.15% |
| Dividend Growth | 5.45% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 5.93 |
| YTD Return | -0.64% |
| 1-Year Return | -0.30% |
| 5-Year Return | 3.01% |
| 52-Week Low | 5.80 |
| 52-Week High | 6.17 |
| Beta (5Y) | n/a |
| Holdings | 549 |
| Inception Date | Nov 28, 1988 |
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.
Performance
SBLTX had a total return of -0.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.93%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VWITX | Vanguard | Vanguard Interm-Term Tx-Ex Inv | 0.17% |
Top 10 Holdings
11.00% of assets| Name | Symbol | Weight |
|---|---|---|
| DENVER COLO CITY & CNTY ARPT REV 5.5% | CO.DENAPT 5.5 11.15.2040 | 1.46% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 01.01.2055 | 1.30% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 4% | NY.NYTTRN 4 07.01.2036 | 1.18% |
| NATIONAL FIN AUTH N H REV 5% | NH.NFADEV 5 12.01.2035 | 1.17% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 02.01.2055 | 1.15% |
| ILLINOIS ST 5% | IL.ILS 5 12.01.2041 | 1.06% |
| TENNESSEE ENERGY ACQUISITION CORP GAS REV 5% | TN.TNSUTL 05.01.2053 | 1.04% |
| CHICAGO ILL BRD ED 5% | IL.CHIEDU 5 12.01.2043 | 0.98% |
| M-S-R ENERGY AUTH CALIF GAS REV 6.125% | CA.MSRPWR 6.12 11.01.2029 | 0.83% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 6% | NY.NYTTRN 6 06.30.2054 | 0.83% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.01656 | Jul 31, 2025 |
| Jun 30, 2025 | $0.01551 | Jun 30, 2025 |
| May 30, 2025 | $0.01702 | May 30, 2025 |
| Apr 30, 2025 | $0.01587 | Apr 30, 2025 |
| Mar 31, 2025 | $0.01539 | Mar 31, 2025 |
| Feb 28, 2025 | $0.01471 | Feb 28, 2025 |