Western Asset named two comanagers to Western Asset Intermediate-Term Municipal on March 1, 2024: portfolio manager and head of investment-grade credit Ryan Brist and new co-CIO Michael Buchanan. At the same time, Western removed longtime comanager and co-CIO Ken Leech from the fund. Longtime portfolio managers David Fare, John Mooney, and Robert Amodeo remain on the strategy. These changes don't impact the day-to-day management of the fund or its Above Average People and Process ratings.
Western Asset Intermediate-Term Muni A SBLTX
- NAV / 1-Day Return 6.08 / +0.03 %
- Total Assets 2.3 Bil
-
Adj. Expense Ratio
0.590%
- Expense Ratio 0.590%
- Distribution Fee Level Low
- Share Class Type Front Load
- Category Muni National Interm
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 2.98%
- Effective Duration 6.14 years
USD | NAV as of Jul 27, 2024 | 1-Day Return as of Jul 27, 2024, 1:16 AM GMT+0
Morningstar’s Analysis SBLTX
Will SBLTX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 8.1
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
DENVER COLO CITY & CNTY ARPT REV 5.5% | 1.16 | 26.7 Mil | municipal |
NEW YORK TRANSN DEV CORP SPL FAC REV 4% | 0.93 | 21.4 Mil | municipal |
ILLINOIS ST 5% | 0.85 | 19.6 Mil | municipal |
CHICAGO ILL BRD ED 5% | 0.80 | 18.4 Mil | municipal |
TENNESSEE ENERGY ACQUISITION CORP GAS REV 5% | 0.79 | 18.1 Mil | municipal |
FLORIDA DEV FIN CORP REV 5.25% | 0.75 | 17.2 Mil | municipal |
METROPOLITAN PIER & EXPOSITION AUTH ILL REV 5% | 0.74 | 17.0 Mil | municipal |
TENDER OPT BD TR RCPTS / CTFS VAR STS 0% | 0.71 | 16.4 Mil | municipal |
M-S-R ENERGY AUTH CALIF GAS REV 6.125% | 0.68 | 15.8 Mil | municipal |
NEW YORK TRANSN DEV CORP SPL FAC REV 6% | 0.67 | 15.4 Mil | municipal |