Western Asset Interm Maturity CA Muni I (SICYX)
| Fund Assets | 70.61M |
| Expense Ratio | 0.54% |
| Min. Investment | $1,000,000 |
| Turnover | 26.00% |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 2.96% |
| Dividend Growth | 5.65% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 8.15 |
| YTD Return | 1.75% |
| 1-Year Return | 1.33% |
| 5-Year Return | 2.22% |
| 52-Week Low | 7.80 |
| 52-Week High | 8.26 |
| Beta (5Y) | n/a |
| Holdings | 80 |
| Inception Date | Sep 8, 1995 |
About SICYX
Western Asset Intermediate Maturity California Municipals Fund is an actively managed municipal bond mutual fund focused on generating tax-exempt income for California residents. The portfolio primarily invests in investment-grade California municipal securities with an intermediate interest-rate profile, targeting a duration generally within the mid-range of the muni market to balance income with interest-rate sensitivity. The strategy emphasizes diversified exposure across revenue and general obligation issuers tied to essential services, infrastructure, education, and healthcare, while maintaining credit research discipline and ongoing risk management. The fund offers multiple share classes, with Class I designed for institutional or larger investors and featuring a lower net expense structure relative to retail classes. Its mandate seeks income that is exempt from federal and California state income taxes, aligning with the needs of investors subject to California taxation. The fund’s positioning within the “Muni California Intermediate” category reflects its focus on California-specific credits and intermediate maturity bands, which can help moderate volatility compared with longer-duration municipal strategies while providing a dedicated state-specific tax-exempt income profile.
Performance
SICYX had a total return of 1.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.61%.
Top 10 Holdings
40.73% of assets| Name | Symbol | Weight |
|---|---|---|
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 1.75% | CA.CASDEV 08.01.2055 | 6.96% |
| M-S-R ENERGY AUTH CALIF GAS REV 6.125% | CA.MSRPWR 6.12 11.01.2029 | 5.62% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | CA.SFOAPT 5 05.01.2035 | 5.25% |
| ALAMEDA CORRIDOR TRANSN AUTH CALIF REV 5% | CA.ALATRN 5 10.01.2034 | 3.89% |
| NORTHERN CALIF ENERGY AUTH COMMODITY SUPPLY REV 5% | CA.NCEPWR 12.01.2054 | 3.75% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4% | CA.CCEDEV 02.01.2052 | 3.52% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | CA.SFOAPT 5 05.01.2036 | 3.08% |
| STOCKTON CALIF PUB FING AUTH WTR REV 5% | CA.STOWTR 5 10.01.2033 | 2.98% |
| SACRAMENTO CALIF MUN UTIL DIST ELEC REV 5% | CA.SACPWR 5 11.15.2049 | 2.88% |
| CALIFORNIA MUN FIN AUTH SPL FAC REV 4% | CA.CASFIN 4 07.15.2029 | 2.79% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.02175 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02118 | Jul 31, 2025 |
| Jun 30, 2025 | $0.01962 | Jun 30, 2025 |
| May 30, 2025 | $0.02174 | May 30, 2025 |
| Apr 30, 2025 | $0.02023 | Apr 30, 2025 |
| Mar 31, 2025 | $0.01998 | Mar 31, 2025 |