SBLTX – Western Asset Intermediate-Term Muni A Investment Strategy | Morningstar

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Strategy

The investment seeks to provide as high a level of income exempt from regular federal income tax as is consistent with prudent investing. The fund normally invests at least 80% of its assets in "municipal securities." Municipal securities are 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. The fund's 80% policy may not be changed without a shareholder vote.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
SBTYX	Western Asset Intermediate-Term Municipals Fund Class I	Institutional	Open			Sep 28, 2007	$294.43M	0.430%	Below Average	$1M	−$582.36M
SMLSX	Western Asset Intermediate-Term Municipals Fund Class IS	Institutional	Open			Sep 18, 2018	$163.51M	0.390%	Low	$1M	−$25.99M
SBLTX	Western Asset Intermediate-Term Municipals Fund Class A	Front Load	Open			Nov 28, 1988	$569.21M	0.610%	Low	$1,000	−$79.91M
SMLLX	Western Asset Intermediate-Term Municipals Fund Class C	Level Load	Open			Dec 19, 2001	$18.70M	1.210%	Low	$1,000	−$10.40M

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