Western Asset Intermediate Maturity California Municipals Fund Class C (SIMLX)
| Fund Assets | 69.60M |
| Expense Ratio | 1.39% |
| Min. Investment | $1,000 |
| Turnover | 6.00% |
| Dividend (ttm) | 0.18 |
| Dividend Yield | 2.25% |
| Dividend Growth | 11.69% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 8.19 |
| YTD Return | 1.00% |
| 1-Year Return | 3.20% |
| 5-Year Return | 1.24% |
| 52-Week Low | 7.75 |
| 52-Week High | 8.25 |
| Beta (5Y) | 0.23 |
| Holdings | 74 |
| Inception Date | Jul 22, 2002 |
About SIMLX
Western Asset Intermediate Maturity California Municipals Fund Class C is a municipal bond mutual fund that primarily seeks to provide California investors with a high level of current income that is exempt from both federal and California state personal income taxes. The fund achieves this by investing at least 80% of its assets in intermediate maturity municipal debt issued by entities within California, including state agencies, municipalities, and local governments. By concentrating on municipal securities, this fund plays a significant role in financing public projects in California, such as infrastructure and community development, while supporting investors seeking tax-advantaged income solutions uniquely tailored for residents of the state. The fund’s intermediate maturity orientation aims to balance interest rate sensitivity with the potential for attractive tax-free yields, making it suitable for those who are sensitive to tax implications but prefer less volatility than longer-term bond funds. Its performance depends on the credit quality and interest rate environment affecting the California municipal bond market.
Performance
SIMLX had a total return of 3.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.07%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VCAIX | Vanguard | Vanguard California Intermediate-Term Tax-Exempt Fund Investor Shares | 0.14% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.01492 | Feb 27, 2026 |
| Jan 30, 2026 | $0.01635 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0166 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0147 | Nov 28, 2025 |
| Oct 31, 2025 | $0.01659 | Oct 31, 2025 |
| Sep 30, 2025 | $0.01428 | Sep 30, 2025 |