Western Asset Intermediate Muni Fd Inc (SBI)
7.91
-0.01
(-0.13%)
USD |
NYSE |
Mar 28, 10:17
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
3.01% | -12.00% | 126.74M | 50486.53 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
2.68% | 26.00% | -- | Upgrade |
Basic Info
Investment Strategy | |
The Funds investment objective is to provide common shareholders with a high level of current income exempt from Federal income taxes consistent with prudent investing. The Fund will invest at least 80% of its total assets in municipal obligations. In addition, up to 20% of the Funds total assets may be invested in debt securities that are, at the time of investment, rated below investment grade (high yield) or, if unrated, of equivalent quality as determined by the manager. The Funds current investment guidelines require the Fund, under normal market conditions, to invest at least two-thirds of its total assets in municipal obligations rated in the three highest categories by an NRSRO at the time of investment. The Fund can use a variety of derivative instruments for investment purposes as well as hedging or risk-management purposes. |
General | |
Security Type | Closed-End Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Municipal Bond |
Broad Category | Fixed Income |
Category Name | Muni National Interm |
Category Index | Bloomberg Municipal 1-15 Yr TR USD |
Global Category Name | US Municipal Fixed Income |
YCharts Categorization | US Municipal Bond |
YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
Prospectus Objective | Municipal Bond - National |
Fund Owner Firm Name | Franklin Templeton Investments |
Prospectus Benchmark Index | |
Bloomberg Municipal TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBMBTR | 100.0% |
Manager Tenure | |
David Fare | 17.26 yrs |
Robert Amodeo | 17.26 yrs |
John Mooney | 0.25 yrs |
Michael Buchanan | 0.00 yrs |
Ryan Brist | 0.00 yrs |
Performance Versus Category
As of March 27, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 27, 2024.
Basic Info
Investment Strategy | |
The Funds investment objective is to provide common shareholders with a high level of current income exempt from Federal income taxes consistent with prudent investing. The Fund will invest at least 80% of its total assets in municipal obligations. In addition, up to 20% of the Funds total assets may be invested in debt securities that are, at the time of investment, rated below investment grade (high yield) or, if unrated, of equivalent quality as determined by the manager. The Funds current investment guidelines require the Fund, under normal market conditions, to invest at least two-thirds of its total assets in municipal obligations rated in the three highest categories by an NRSRO at the time of investment. The Fund can use a variety of derivative instruments for investment purposes as well as hedging or risk-management purposes. |
General | |
Security Type | Closed-End Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Municipal Bond |
Broad Category | Fixed Income |
Category Name | Muni National Interm |
Category Index | Bloomberg Municipal 1-15 Yr TR USD |
Global Category Name | US Municipal Fixed Income |
YCharts Categorization | US Municipal Bond |
YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
Prospectus Objective | Municipal Bond - National |
Fund Owner Firm Name | Franklin Templeton Investments |
Prospectus Benchmark Index | |
Bloomberg Municipal TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBMBTR | 100.0% |
Manager Tenure | |
David Fare | 17.26 yrs |
Robert Amodeo | 17.26 yrs |
John Mooney | 0.25 yrs |
Michael Buchanan | 0.00 yrs |
Ryan Brist | 0.00 yrs |