Western Asset Interm Maturity CA Muni C (SIMLX)
| Fund Assets | 71.35M |
| Expense Ratio | 1.39% |
| Min. Investment | $1,000 |
| Turnover | 26.00% |
| Dividend (ttm) | 0.18 |
| Dividend Yield | 2.16% |
| Dividend Growth | 8.69% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 8.14 |
| YTD Return | 2.11% |
| 1-Year Return | 1.72% |
| 5-Year Return | -0.43% |
| 52-Week Low | 7.75 |
| 52-Week High | 8.18 |
| Beta (5Y) | 0.22 |
| Holdings | 78 |
| 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 1.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.34%.
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 | 0.14% |
Top 10 Holdings
41.25% of assets| Name | Symbol | Weight |
|---|---|---|
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 1.75% | n/a | 7.04% |
| M-S-R ENERGY AUTH CALIF GAS REV 6.125% | CA.MSRPWR 6.12 11.01.2029 | 5.67% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | n/a | 5.31% |
| ALAMEDA CORRIDOR TRANSN AUTH CALIF REV 5% | CA.ALATRN 5 10.01.2034 | 3.92% |
| NORTHERN CALIF ENERGY AUTH COMMODITY SUPPLY REV 5% | CA.NCEPWR 12.01.2054 | 3.81% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4% | CA.CCEDEV 02.01.2052 | 3.59% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | CA.SFOAPT 5 05.01.2036 | 3.13% |
| STOCKTON CALIF PUB FING AUTH WTR REV 5% | n/a | 3.01% |
| SACRAMENTO CALIF MUN UTIL DIST ELEC REV 5% | CA.SACPWR 5 11.15.2049 | 2.94% |
| CALIFORNIA MUN FIN AUTH SPL FAC REV 4% | CA.CASFIN 4 07.15.2029 | 2.84% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.01428 | Sep 30, 2025 |
| Aug 29, 2025 | $0.01602 | Aug 29, 2025 |
| Jul 31, 2025 | $0.01543 | Jul 31, 2025 |
| Jun 30, 2025 | $0.01424 | Jun 30, 2025 |
| May 30, 2025 | $0.01581 | May 30, 2025 |
| Apr 30, 2025 | $0.01469 | Apr 30, 2025 |