Western Asset Massachusetts Muni C (SMALX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

11.02

+0.10 (0.92%)

At close: Oct 22, 2026

Fund Assets	27.32M
Expense Ratio	1.351%
Min. Investment	$1,000
Turnover	10.00%
Dividend (ttm)	0.23
Dividend Yield	2.12%
Dividend Growth	-1.96%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	10.92
YTD Return	-2.68%
1-Year Return	-2.35%
5-Year Return	-5.57%
52-Week Low	10.65
52-Week High	11.70
Beta (5Y)	0.31
Holdings	48
Inception Date	Nov 10, 1994

About SMALX

Western Asset Massachusetts Municipals Fund Class C is a municipal bond mutual fund designed to provide Massachusetts investors with current income that is generally exempt from both federal and Massachusetts state income taxes. The fund primarily invests at least 80% of its net assets in municipal securities issued by state and local governments within Massachusetts, including revenue and general obligation bonds. These holdings focus on supporting public projects such as infrastructure and development initiatives within the state. The fund is actively managed, seeking to balance interest rate sensitivity with credit quality, and typically appeals to investors residing in Massachusetts who are seeking tax-advantaged income. Western Asset Massachusetts Municipals Fund Class C holds a concentrated portfolio, with over half of its assets allocated to its top ten holdings, reflecting a focused investment approach in the Massachusetts municipal bond market. It plays an important role for residents seeking steady, tax-exempt income and contributing to local public initiatives through their investment.

Fund Family Franklin Templeton, Inc

Category Muni Massachusetts

Performance Rating Low

Risk Rating Above Average

Stock Exchange Nasdaq

Ticker Symbol SMALX

Share Class Class C

Index Bloomberg Muni Bond Mass Exempt TR USD

Performance

SMALX had a total return of -2.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.22%.

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%
SLMMX	Class A	0.75%
LHISX	Class Is	0.52%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02034	Sep 30, 2026
Aug 31, 2026	$0.01905	Aug 31, 2026
Jul 31, 2026	$0.0211	Jul 31, 2026
Jun 30, 2026	$0.0191	Jun 30, 2026
May 29, 2026	$0.01986	May 29, 2026
Apr 30, 2026	$0.01883	Apr 30, 2026

Full Dividend History