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 | 2.19% |
| Dividend Growth | 9.67% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Oct 31, 2025 |
| Previous Close | 8.16 |
| YTD Return | 3.43% |
| 1-Year Return | 2.64% |
| 5-Year Return | 0.20% |
| 52-Week Low | 7.65 |
| 52-Week High | 8.16 |
| Beta (5Y) | 0.22 |
| Holdings | 72 |
| 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 2.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.52%.
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
43.58% of assets| Name | Symbol | Weight |
|---|---|---|
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 1.75% | CA.CASDEV 08.01.2055 | 7.02% |
| M-S-R ENERGY AUTH CALIF GAS REV 6.125% | CA.MSRPWR 6.12 11.01.2029 | 5.64% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | CA.SFOAPT 5 05.01.2035 | 5.43% |
| California St Public Wks Brd L | CA.CASFAC 5 11.01.2047 | 4.61% |
| ALAMEDA CORRIDOR TRANSN AUTH CALIF REV 5% | CA.ALATRN 5 10.01.2034 | 3.93% |
| NORTHERN CALIF ENERGY AUTH COMMODITY SUPPLY REV 5% | CA.NCEPWR 12.01.2054 | 3.86% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4% | CA.CCEDEV 02.01.2052 | 3.65% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | CA.SFOAPT 5 05.01.2036 | 3.24% |
| TENDER OPT BD TR RCPTS / CTFS VAR STS 0% | CA.TENGEN 12.01.2049 | 3.15% |
| SACRAMENTO CALIF MUN UTIL DIST ELEC REV 5% | CA.SACPWR 5 11.15.2049 | 3.06% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 31, 2025 | $0.01659 | Oct 31, 2025 |
| 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 |