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Morningstar

Western Asset Short Duration Muni Inc I SMDYX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 4.95  /  −0.20 %
  • Total Assets 380.5 Mil
  • Adj. Expense Ratio
    0.400%
  • Expense Ratio 0.400%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 2.19%
  • Effective Duration 2.18 years

USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 12:49 AM GMT+0

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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Portfolio Holdings SMDYX

More SMDYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 20.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%

3.92 15.4 Mil
municipal

TENNESSEE ENERGY ACQUISITION CORP GAS REV 4%

2.46 9.6 Mil
municipal

NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY HSG REV 0.6%

2.15 8.4 Mil
municipal

LONG IS PWR AUTH N Y ELEC SYS REV 5%

2.05 8.0 Mil
municipal

INDIANAPOLIS IND LOC PUB IMPT BD BK 5%

1.94 7.6 Mil
municipal

CONNECTICUT ST 4%

1.90 7.4 Mil
municipal

CHANDLER ARIZ INDL DEV AUTH INDL DEV REV 5%

1.86 7.3 Mil
municipal

LANCASTER PORT AUTH OHIO GAS SUPPLY REV 5%

1.58 6.2 Mil
municipal

CYPRESS-FAIRBANKS TEX INDPT SCH DIST 0.28%

1.46 5.7 Mil
municipal

CONNECTICUT ST SPL TAX OBLIG REV 5%

1.41 5.5 Mil
municipal