Western Asset Short Duration Municipal Income Fund Class A (SHDAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

4.990

+0.010 (0.20%)

At close: Oct 15, 2026

Fund Assets	261.34M
Expense Ratio	0.57%
Min. Investment	$1,000
Turnover	25.00%
Dividend (ttm)	0.13
Dividend Yield	2.68%
Dividend Growth	8.31%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	4.980
YTD Return	-0.22%
1-Year Return	0.46%
5-Year Return	6.71%
52-Week Low	4.930
52-Week High	5.120
Beta (5Y)	0.10
Holdings	145
Inception Date	Mar 17, 2003

About SHDAX

The Western Asset Short Duration Municipal Income Fund is a mutual fund primarily focused on providing investors with high current income that is exempt from regular federal income tax, while aiming to preserve capital. Under normal circumstances, the fund invests at least 80% of its assets in municipal securities, making it particularly relevant for investors seeking tax advantages associated with municipal bonds. The fund targets an average portfolio duration of three years or less, positioning it within the short duration segment of the municipal bond market. This strategy helps mitigate interest rate risk compared to longer-term funds and is designed to be suitable for individuals looking to generate income with a focus on lower volatility. The fund follows a sector rotation and issuer selection approach, engaging with a diversified range of municipal issuers. As an investment vehicle, it serves as a tool for inclusion in portfolios that require income generation through tax-advantaged municipal securities, responding to market interest rate conditions and contributing to the broader municipal bond investment landscape.

Fund Family Franklin Templeton, Inc

Category Muni National Short

Performance Rating Average

Risk Rating Average

Stock Exchange Nasdaq

Ticker Symbol SHDAX

Share Class Class A

Index Bloomberg Municipal Bond 3 Y TR

Performance

SHDAX had a total return of 0.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.26%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
SHDSX	Class Is	0.35%
SMDYX	Class I	0.40%
SHDLX	Class C	0.96%
CIABX	Class C2	1.14%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.0115	Sep 30, 2026
Aug 31, 2026	$0.01077	Aug 31, 2026
Jul 31, 2026	$0.0121	Jul 31, 2026
Jun 30, 2026	$0.01094	Jun 30, 2026
May 29, 2026	$0.01136	May 29, 2026
Apr 30, 2026	$0.01108	Apr 30, 2026

Full Dividend History