Western Asset Intermediate-Term Municipals Fund Class I (SBTYX)

Fund Assets	1.04B
Expense Ratio	0.48%
Min. Investment	$1,000,000
Turnover	6.00%
Dividend (ttm)	0.21
Dividend Yield	3.63%
Dividend Growth	3.80%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	5.75
YTD Return	-2.99%
1-Year Return	-1.99%
5-Year Return	2.13%
52-Week Low	5.68
52-Week High	6.16
Beta (5Y)	0.09
Holdings	353
Inception Date	Sep 28, 2007

About SBTYX

Western Asset Intermediate-Term Municipals Fund Class I is an institutional-class mutual fund specializing in fixed-income investments, particularly in municipal bonds. The fund’s primary purpose is to deliver a high level of monthly income that is generally exempt from regular federal income taxes, making it especially relevant for investors focused on tax-efficient solutions. Following a prudent approach, the fund typically invests at least 80% of its assets in a diversified portfolio of municipal securities issued by various state and local governments and agencies across the United States. Its portfolio generally contains bonds with intermediate maturities, resulting in an average duration of about 4 to 6 years and a focus on moderate credit quality and interest rate sensitivity. With over 500 individual bond holdings, Western Asset Intermediate-Term Municipals Fund Class I employs a sector rotation and issuer selection strategy, spreading risk across many states and sectors to reduce exposure to individual issuers or geographic regions. The fund plays a significant role in the muni national intermediate category, providing municipal financing for public projects such as infrastructure, transportation, and energy. Its substantial asset base and regular monthly distributions highlight its role as a reliable source of federally tax-exempt income for institutional investors seeking broad municipal market exposure.

• Fund Family: Franklin Templeton, Inc
• Category: Muni National Interm
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: SBTYX
• Share Class: Class I
• Index: Bloomberg 1-15 Y Municipal Blend TR

Performance

SBTYX had a total return of -1.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.77%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
SMLSX	Class Is	0.44%
SBLTX	Class A	0.66%
SMLLX	Class C	1.26%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.01768	Sep 30, 2026
Aug 31, 2026	$0.01699	Aug 31, 2026
Jul 31, 2026	$0.01932	Jul 31, 2026
Jun 30, 2026	$0.01762	Jun 30, 2026
May 29, 2026	$0.01818	May 29, 2026
Apr 30, 2026	$0.01753	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 16, 2026

Data Sources Report a data error