Western Asset Massachusetts Municipals Fund Class A (SLMMX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

10.92

+0.11 (1.02%)

At close: Oct 15, 2026

Fund Assets	27.32M
Expense Ratio	0.726%
Min. Investment	$1,000
Turnover	10.00%
Dividend (ttm)	0.30
Dividend Yield	2.72%
Dividend Growth	-1.09%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	10.81
YTD Return	-3.29%
1-Year Return	-2.05%
5-Year Return	-4.09%
52-Week Low	10.65
52-Week High	11.70
Beta (5Y)	0.04
Holdings	47
Inception Date	Dec 21, 1987

About SLMMX

Western Asset Massachusetts Municipals Fund Class A is an open-end mutual fund that primarily invests in municipal securities issued by entities within the Commonwealth of Massachusetts. Its main objective is to provide investors with a high level of monthly income that is exempt from both regular federal income tax and Massachusetts state income tax. The fund’s portfolio focuses on intermediate- and long-term municipal bonds, but it has the flexibility to invest in securities of any maturity to meet its objectives. By targeting municipal bonds, the fund supports financing for various sectors and infrastructure projects within Massachusetts, including education, healthcare, and transportation. The fund is designed for investors seeking tax-advantaged income while participating in the municipal bond market, and it plays a key role in connecting Massachusetts’ public sector funding needs with individual and institutional investors.

Fund Family Franklin Templeton, Inc

Category Muni Massachusetts

Performance Rating Below Average

Risk Rating Above Average

Stock Exchange Nasdaq

Ticker Symbol SLMMX

Share Class Class A

Index Bloomberg Muni Bond Mass Exempt TR USD

Performance

SLMMX had a total return of -2.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.91%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VMATX	Vanguard	Vanguard Massachusetts Tax-Exempt Fund Investor Shares	0.09%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
LHMIX	Class I	0.55%
SMALX	Class C	1.30%
LHISX	Class Is	0.52%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02534	Sep 30, 2026
Aug 31, 2026	$0.02406	Aug 31, 2026
Jul 31, 2026	$0.02686	Jul 31, 2026
Jun 30, 2026	$0.02436	Jun 30, 2026
May 29, 2026	$0.02522	May 29, 2026
Apr 30, 2026	$0.02404	Apr 30, 2026

Full Dividend History