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Morningstar

Western Asset Short Duration Muni Inc C SHDLX

Morningstar Analyst Rating
Analyst rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 4.97  /  0.00 %
  • Total Assets 553.5 Mil
  • Adj. Expense Ratio
    —
  • Expense Ratio 0.890%
  • Distribution Fee Level Low
  • Share Class Type Level Load
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 0.91%
  • Effective Duration 2.11 years

USD | NAV as of Feb 07, 2023 | 1-Day Return as of Feb 07, 2023, 11:20 PM GMT+00:00

Morningstar’s Analysis SHDLX

Will SHDLX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SHDLX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the SHDLX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of SHDLX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Run by a knowledgeable and collaborative team.

Associate Director

Summary

| by Elizabeth Foos

Western Asset Short Duration Municipal Income is run by a knowledgeable and collaborative team, but its thoughtful process has not led to a discernable edge for this strategy. It earns a Morningstar Analyst Rating of Neutral for most share classes; its most expensive C shares earn a Negative.

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