Western Asset New York Municipals Fund Class C (SBYLX)
| Fund Assets | 248.80M |
| Expense Ratio | 1.35% |
| Min. Investment | $1,000 |
| Turnover | 9.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 2.63% |
| Dividend Growth | 5.16% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 12.02 |
| YTD Return | 1.25% |
| 1-Year Return | 4.74% |
| 5-Year Return | -1.77% |
| 52-Week Low | 10.95 |
| 52-Week High | 12.03 |
| Beta (5Y) | 0.32 |
| Holdings | 97 |
| Inception Date | Jan 8, 1993 |
About SBYLX
Western Asset New York Municipals Fund Class C is a mutual fund focused on providing income that is exempt from federal and New York State personal income taxes. Its core strategy is to invest at least 80% of assets in securities issued by New York municipalities, including state agencies and local governments. These holdings primarily consist of municipal bonds, which help finance public projects like infrastructure, schools, and healthcare facilities within New York. This fund is designed for investors seeking tax-advantaged income, particularly those residing in New York, as the interest from these securities is typically double tax-exempt. As a municipal bond fund, it plays a significant role in facilitating the funding of community development and essential public services while offering potential tax benefits to shareholders. Western Asset New York Municipals Fund Class C is subject to credit and interest rate risk and carries a higher-than-average expense ratio compared to peers, which may impact net returns.
Performance
SBYLX had a total return of 4.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.40%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02859 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02883 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02486 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0288 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02507 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02757 | Aug 29, 2025 |