Western Asset Intermediate-Term Muni C (SMLLX)
| Fund Assets | 1.74B |
| Expense Ratio | 1.25% |
| Min. Investment | $1,000 |
| Turnover | 10.00% |
| Dividend (ttm) | 0.15 |
| Dividend Yield | 2.39% |
| Dividend Growth | 5.35% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 28, 2025 |
| Previous Close | 6.08 |
| YTD Return | 3.12% |
| 1-Year Return | 1.66% |
| 5-Year Return | 3.69% |
| 52-Week Low | 5.71 |
| 52-Week High | 6.09 |
| Beta (5Y) | 0.22 |
| Holdings | 526 |
| Inception Date | Dec 19, 2001 |
About SMLLX
Western Asset Intermediate-Term Municipals Fund Class C is a mutual fund dedicated to generating income that is exempt from regular federal income tax by investing primarily in municipal bonds issued by state and local governments. The fund focuses on intermediate-term municipal debt securities, typically with maturities ranging from five to twelve years, ensuring moderate interest rate sensitivity and credit risk. It employs a diversified approach with over 500 holdings that span various sectors and geographies, including significant allocations to transportation, energy, education, and clean energy projects. With an inception date of December 2001, the fund has established itself as a sizable player in the tax-free fixed income market, currently managing several billion dollars in assets. The portfolio is constructed to lower risk through broad geographic and sector diversification, and it distributes income monthly to its shareholders. Managed by an experienced municipal bond team, the fund leverages issuer selection and sector rotation strategies to maximize tax-exempt income while seeking to maintain robust credit quality across its holdings.
Performance
SMLLX had a total return of 1.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.45%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VWITX | Vanguard | Vanguard Interm-Term Tx-Ex Inv | 0.17% |
Top 10 Holdings
11.35% of assets| Name | Symbol | Weight |
|---|---|---|
| DENVER COLO CITY & CNTY ARPT REV 5.5% | CO.DENAPT 5.5 11.15.2040 | 1.52% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 01.01.2055 | 1.33% |
| NATIONAL FIN AUTH N H REV 5% | NH.NFADEV 5 12.01.2035 | 1.24% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 4% | NY.NYTTRN 4 07.01.2036 | 1.24% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 02.01.2055 | 1.17% |
| ILLINOIS ST 5% | IL.ILS 5 12.01.2041 | 1.11% |
| TENNESSEE ENERGY ACQUISITION CORP GAS REV 5% | TN.TNSUTL 05.01.2053 | 1.04% |
| CHICAGO ILL BRD ED 5% | IL.CHIEDU 5 12.01.2043 | 0.98% |
| TENDER OPT BD TR RCPTS / CTFS VAR STS 0% | NY.TENGEN 03.15.2047 | 0.87% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 6% | NY.NYTTRN 6 06.30.2054 | 0.85% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 28, 2025 | $0.01222 | Nov 28, 2025 |
| Oct 31, 2025 | $0.01428 | Oct 31, 2025 |
| Sep 30, 2025 | $0.01249 | Sep 30, 2025 |
| Aug 29, 2025 | $0.01387 | Aug 29, 2025 |
| Jul 31, 2025 | $0.01355 | Jul 31, 2025 |
| Jun 30, 2025 | $0.01269 | Jun 30, 2025 |