Western Asset Short Duration Municipal Income Fund Class IS (SHDSX)
| Fund Assets | 293.23M |
| Expense Ratio | 0.35% |
| Min. Investment | $1,000,000 |
| Turnover | 26.00% |
| Dividend (ttm) | 0.14 |
| Dividend Yield | 2.69% |
| Dividend Growth | 11.98% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 5.12 |
| YTD Return | 0.83% |
| 1-Year Return | 5.03% |
| 5-Year Return | 8.84% |
| 52-Week Low | 4.84 |
| 52-Week High | 5.12 |
| Beta (5Y) | n/a |
| Holdings | 147 |
| Inception Date | Sep 15, 2017 |
About SHDSX
Western Asset Short Duration Municipal Income Fund is a mutual fund designed to provide investors with high current income that is exempt from regular federal income tax. Its primary strategy is to invest at least 80% of its assets in municipal securities, which are generally issued by state and local governments to fund public projects. The fund maintains an average portfolio duration of three years or less, placing a strong emphasis on capital preservation while minimizing interest rate risk. This short duration focus makes it particularly relevant for investors seeking lower volatility in the municipal bond market. By diversifying across municipal issuers and offering monthly income distributions, the fund serves both individual and institutional investors looking for consistent, tax-advantaged cash flow. Its role in the broader market is to provide a relatively stable, tax-efficient income solution, especially suited to those with a conservative risk profile or a preference for predictable returns in the fixed income municipal sector.
Performance
SHDSX had a total return of 5.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.79%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.01208 | Jan 30, 2026 |
| Dec 31, 2025 | $0.01264 | Dec 31, 2025 |
| Nov 28, 2025 | $0.01087 | Nov 28, 2025 |
| Oct 31, 2025 | $0.01295 | Oct 31, 2025 |
| Sep 30, 2025 | $0.01133 | Sep 30, 2025 |
| Aug 29, 2025 | $0.01217 | Aug 29, 2025 |