Western Asset Managed Municipals Fund Class C (SMMCX)
| Fund Assets | 2.72B |
| Expense Ratio | 1.26% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 2.84% |
| Dividend Growth | -0.26% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2025 |
| Previous Close | 14.52 |
| YTD Return | -2.22% |
| 1-Year Return | -0.38% |
| 5-Year Return | 4.74% |
| 52-Week Low | 14.13 |
| 52-Week High | 15.32 |
| Beta (5Y) | 0.98 |
| Holdings | 712 |
| Inception Date | Nov 9, 1994 |
About SMMCX
The investment seeks to maximize current interest income that is excluded from gross income for regular federal income tax purposes to the extent consistent with prudent investment management and preservation of capital. The fund normally invests at least 80% of its assets in municipal securities and other investments with similar economic characteristics, the interest on which is exempt from regular federal income tax but which may be subject to the federal alternative minimum tax. It normally invests in intermediate-term and long-term municipal securities that have remaining maturities from one to more than thirty years at the time of purchase.
Performance
SMMCX had a total return of -0.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.85%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLUVX | Fidelity | Fidelity Advisor Municipal Income Fund - Class M | 0.75% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.51% |
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FHIGX | Fidelity | Fidelity Municipal Income Fund | 0.44% |
Top 10 Holdings
9.83% of assets| Name | Symbol | Weight |
|---|---|---|
| PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5% | PR PRCUTL 5 07.01.2047 | 1.30% |
| ILLINOIS ST 5% | IL ILS 5 11.01.2027 | 1.09% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA CCEDEV 01.01.2055 | 1.09% |
| TRIBOROUGH BRDG & TUNL AUTH N Y REVS 5% | NY TRBTRN 5 11.15.2049 | 1.04% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA CCEDEV 02.01.2055 | 0.96% |
| FLORIDA DEV FIN CORP REV 5.25% | FL FLSDEV 5.25 07.01.2053 | 0.95% |
| METROPOLITAN PIER & EXPOSITION AUTH ILL REV 5% | IL MPNFAC 5 06.15.2050 | 0.87% |
| PORT AUTH N Y & N J 5% | NY PORTRN 5 10.15.2041 | 0.87% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5% | NY NYCGEN 5 02.01.2047 | 0.85% |
| PENNSYLVANIA ECONOMIC DEV FING AUTH PRIVATE ACTIVITY REV 5.25% | PA PASDEV 5.25 06.30.2053 | 0.81% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2025 | $0.03473 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0336 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03228 | Feb 28, 2025 |
| Jan 31, 2025 | $0.03721 | Jan 31, 2025 |
| Dec 31, 2024 | $0.03521 | Dec 31, 2024 |
| Nov 29, 2024 | $0.03479 | Nov 29, 2024 |