Morningstar

Western Asset Massachusetts Municipals Fund Class A SLMMX

Medalist Rating as of Aug 31, 2026 See Franklin Templeton Investment Hub

Strategy

The investment seeks to provide Massachusetts investors with as high a level of current income exempt from federal income tax and Massachusetts personal income taxes as is consistent with the preservation of principal. The fund normally invests at least 80% of its assets in investment grade "Massachusetts municipal securities" or other investments with similar economic characteristics. It may invest in securities of any maturity. The fund focuses primarily on intermediate-term and long-term municipal securities, and will normally invest in securities which have remaining maturities at the time of purchase from 1 to more than 30 years. It is non-diversified.

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
LHMIX	Western Asset Massachusetts Municipals Fund Class I	Institutional	Open			Jun 3, 2008	$5.18M	0.550%	Below Average	$1M	−$601,997.66
SLMMX	Western Asset Massachusetts Municipals Fund Class A	Front Load	Open			Dec 21, 1987	$21.60M	0.750%	Below Average	$1,000	−$4.72M
SMALX	Western Asset Massachusetts Municipals Fund Class C	Level Load	Open			Nov 10, 1994	$411,018.00	1.300%	Low	$1,000	−$531,370.89

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