Western Asset Massachusetts Municipals Fund Class C (SMALX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.42
+0.02 (0.18%)
Feb 14, 2025, 4:00 PM EST
-0.87%
Fund Assets 79.08M
Expense Ratio 1.30%
Min. Investment $1,000
Turnover n/a
Dividend (ttm) 0.23
Dividend Yield 2.04%
Dividend Growth -2.17%
Payout Frequency Monthly
Ex-Dividend Date Jan 31, 2025
Previous Close 11.40
YTD Return -0.26%
1-Year Return 0.80%
5-Year Return -5.26%
52-Week Low n/a
52-Week High n/a
Beta (5Y) 0.23
Holdings 59
Inception Date Nov 10, 1994

About SMALX

The Western Asset Massachusetts Municipals Fund Class C (SMALX) seeks to provide Massachusetts investors with as high a level of dividend income exempt from federal income taxes and Massachusetts personal income taxes as is consistent with prudent investment management and the preservation of capital.

Category Muni Massachusetts
Performance Rating Below Average
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 0.80% in the past year. Since the fund's inception, the average annual return has been 3.39%, including dividends.

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 0.13%

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%

Top 10 Holdings

48.76% of assets
Name Symbol Weight
MASSACHUSETTS ST PORT AUTH REV 5% n/a 7.92%
MASSACHUSETTS ST PORT AUTH SPL FACS REV 5% n/a 6.99%
MASSACHUSETTS ST DEV FIN AGY REV 5% MA MASDEV 5 07.01.2046 5.76%
MASSACHUSETTS ST DEV FIN AGY REV 5% n/a 4.96%
MASSACHUSETTS ST DEV FIN AGY REV 4% n/a 4.44%
MASSACHUSETTS MUN WHSL ELEC CO REV 4% n/a 4.21%
MASSACHUSETTS ST 5% MA MAS 5 08.01.2051 3.69%
MASSACHUSETTS ST DEV FIN AGY REV 0.4% MA MASDEV 10.01.2042 3.67%
MASSACHUSETTS ST DEV FIN AGY REV 5% MA MASDEV 5 04.01.2037 3.56%
MASSACHUSETTS ST DEV FIN AGY REV 5% MA MASDEV 5 07.01.2050 3.55%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Jan 31, 2025 $0.02019 Jan 31, 2025
Dec 31, 2024 $0.02024 Dec 31, 2024
Nov 29, 2024 $0.01918 Nov 29, 2024
Oct 31, 2024 $0.01939 Oct 31, 2024
Sep 30, 2024 $0.01798 Sep 30, 2024
Aug 30, 2024 $0.0207 Aug 30, 2024
Full Dividend History