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Western Asset Short Duration Muni Inc I SMDYX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Franklin Templeton Investment Hub

Morningstar’s Analysis SMDYX

Will SMDYX 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 SMDYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SMDYX 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 SMDYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Mike Buchanan Named Co-CIO of Western Asset; Ratings Unchanged

null Mike Mulach

Mike Mulach

Analyst Note

Western Asset named Mike Buchanan as co-CIO alongside Ken Leech on Sept. 1, 2023. While there are no indications that Leech has imminent plans to retire, we view this as part of prudent succession planning rather than a significant shift in investment responsibilities. Buchanan remains Western’s head of global credit and has been Western’s deputy CIO since 2015.

by Mike Mulach
Published on

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