Western Asset Short Duration Muni Inc IS (SHDSX)

Fund Assets	270.23M
Expense Ratio	0.35%
Min. Investment	$1,000,000
Turnover	25.00%
Dividend (ttm)	0.14
Dividend Yield	2.84%
Dividend Growth	9.59%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	5.06
YTD Return	0.84%
1-Year Return	2.24%
5-Year Return	7.48%
52-Week Low	5.05
52-Week High	5.13
Beta (5Y)	0.04
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.

• Fund Family: Franklin Templeton Investments
• Category: Muni National Short
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: SHDSX
• Share Class: Class Is
• Index: Bloomberg Municipal Bond 3 Y TR

Performance

SHDSX had a total return of 2.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.66%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
SMDYX	Class I	0.40%
SHDAX	Class A	0.55%
SHDLX	Class C	0.96%
CIABX	Class C2	1.14%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.01303	Jul 31, 2026
Jun 30, 2026	$0.01179	Jun 30, 2026
May 29, 2026	$0.01225	May 29, 2026
Apr 30, 2026	$0.01193	Apr 30, 2026
Mar 31, 2026	$0.01176	Mar 31, 2026
Feb 27, 2026	$0.01106	Feb 27, 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:

Aug 27, 2026

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