Western Asset SMASh Series M Fund (LMSMX)
8.01
+0.03
(+0.38%)
USD |
Feb 05 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.00% | 396.60M | -- | 250.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -198.45M | 11.18% |
Basic Info
| Investment Strategy | |
| The Fund seeks to maximize total return consisting of capital appreciation and income. The Fund expects to invest primarily in a combination of U.S. dollar denominated and non-U.S. dollar denominated investment grade debt obligations of both U.S. and non-U.S. issuers and in hedging transactions. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond Global USD |
| Peer Group | Global Income Funds |
| Global Macro | Bond Global |
| US Macro | World Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Global Income Funds |
| Fund Owner Firm Name | Franklin Templeton |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
73
-121.62M
Peer Group Low
108.75M
Peer Group High
1 Year
% Rank:
78
-198.45M
-1.251B
Peer Group Low
1.406B
Peer Group High
3 Months
% Rank:
80
-309.66M
Peer Group Low
634.48M
Peer Group High
3 Years
% Rank:
98
-2.738B
Peer Group Low
2.401B
Peer Group High
6 Months
% Rank:
76
-730.23M
Peer Group Low
1.053B
Peer Group High
5 Years
% Rank:
91
-10.46B
Peer Group Low
3.173B
Peer Group High
YTD
% Rank:
80
-53.18M
Peer Group Low
95.27M
Peer Group High
10 Years
% Rank:
77
-51.70B
Peer Group Low
3.967B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of February 06, 2026.
Asset Allocation
As of December 31, 2025.
| Type | % Net |
|---|---|
| Cash | 3.29% |
| Stock | 0.00% |
| Bond | 95.46% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 1.25% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| United States of America USGB 4.0 06/30/2032 FIX USD Government | 12.57% | 100.55 | 0.52% |
|
Federal National Mortgage Association 6% 01-JAN-2056
|
8.11% | -- | -- |
|
Federal National Mortgage Association 5.5% 01-JAN-2056
|
7.98% | -- | -- |
|
Government National Mortgage Association 2 4.5% 01-JAN-2056
|
6.44% | -- | -- |
| United States of America USGB 4.0 01/31/2029 FIX USD Government | 5.59% | 101.29 | 0.26% |
|
Government National Mortgage Association 2 20-SEP-2048 784985
|
4.83% | -- | -- |
|
Government National Mortgage Association 2 5.5% 01-JAN-2056
|
4.58% | -- | -- |
|
Government National Mortgage Association 2 3% 01-JAN-2056
|
4.26% | -- | -- |
|
Government National Mortgage Association 2 4% 01-JAN-2056
|
4.05% | -- | -- |
|
Government National Mortgage Association 2 6% 01-JAN-2056
|
3.86% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | -- |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to maximize total return consisting of capital appreciation and income. The Fund expects to invest primarily in a combination of U.S. dollar denominated and non-U.S. dollar denominated investment grade debt obligations of both U.S. and non-U.S. issuers and in hedging transactions. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond Global USD |
| Peer Group | Global Income Funds |
| Global Macro | Bond Global |
| US Macro | World Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Global Income Funds |
| Fund Owner Firm Name | Franklin Templeton |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (2-4-26) | 4.30% |
| 30-Day SEC Yield (3-31-11) | 3.32% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 157 |
| Bond | |
| Yield to Maturity (12-31-25) | 4.55% |
| Effective Duration | 4.08 |
| Average Coupon | 4.55% |
| Calculated Average Quality | 1.309 |
| Effective Maturity | 21.40 |
| Nominal Maturity | 21.40 |
| Number of Bond Holdings | 133 |
As of December 31, 2025
Fund Details
| Key Dates | |
| Inception Date | 12/27/2006 |
| Attributes | |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Currency Hedged Fund |
|
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:LMSMX", "name") |
| Broad Asset Class: =YCI("M:LMSMX", "broad_asset_class") |
| Broad Category: =YCI("M:LMSMX", "broad_category_group") |
| Prospectus Objective: =YCI("M:LMSMX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |