Western Asset SMASh Series TF Fund (LSMSX)
9.32
+0.03
(+0.32%)
USD |
Oct 26 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.04% | 81.39M | -- | 18.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -7.317M | -0.84% |
Basic Info
| Investment Strategy | |
| The Fund seeks to maximize current interest income that is excluded from gross income for regular federal income tax purposes. The Fund invests at least 80% of its assets in municipal securities and other investments with similar economic characteristics, the interest on which is exempt from regular federal tax. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General & Insured Municipal Debt Funds |
| Fund Owner Firm Name | Franklin Templeton |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
19
-983.27M
Peer Group Low
5.418B
Peer Group High
1 Year
% Rank:
49
-7.317M
-719.05M
Peer Group Low
12.59B
Peer Group High
3 Months
% Rank:
39
-921.28M
Peer Group Low
6.811B
Peer Group High
3 Years
% Rank:
40
-4.810B
Peer Group Low
24.27B
Peer Group High
6 Months
% Rank:
44
-838.96M
Peer Group Low
10.59B
Peer Group High
5 Years
% Rank:
42
-8.668B
Peer Group Low
40.98B
Peer Group High
YTD
% Rank:
34
-581.66M
Peer Group Low
10.14B
Peer Group High
10 Years
% Rank:
48
-7.602B
Peer Group Low
55.02B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of October 27, 2026.
Asset Allocation
As of September 30, 2026.
| Type | % Net |
|---|---|
| Cash | 0.46% |
| Stock | 0.00% |
| Bond | 98.69% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.85% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.000 01/01/2055 | 2.51% | 100.41 | 0.22% |
| LOS ANGELES CALIF DEPT ARPTS ARPT REV CA 5.250 05/15/2044 | 2.32% | 103.47 | 0.00% |
| NEW JERSEY ST TRANSN TR FD AUTH NJ 0.000 12/15/2031 | 2.31% | 82.99 | 0.28% |
| NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV NY 5.000 06/15/2049 | 2.25% | 101.30 | 0.00% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.000 02/01/2055 | 2.04% | 102.71 | -0.04% |
| NEW JERSEY HEALTH CARE FACS FING AUTH REV NJ 2.130 07/01/2035 | 1.97% | 100.00 | 0.00% |
| MASSACHUSETTS ST MA 5.000 02/01/2051 | 1.69% | 101.56 | 0.00% |
| METROPOLITAN NASHVILLE ARPT AUTH TENN ARPT REV TN 5.000 07/01/2040 | 1.60% | 103.40 | 0.00% |
| ILLINOIS ST IL 5.000 12/01/2041 | 1.42% | 101.33 | 0.00% |
| PENNSYLVANIA ECONOMIC DEV FING AUTH PRIVATE ACTIVITY REV PA 5.250 06/30/2053 | 1.41% | 95.23 | 0.00% |
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 |
TTM Distributions
| Type | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of September 30, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks to maximize current interest income that is excluded from gross income for regular federal income tax purposes. The Fund invests at least 80% of its assets in municipal securities and other investments with similar economic characteristics, the interest on which is exempt from regular federal tax. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General & Insured Municipal Debt Funds |
| Fund Owner Firm Name | Franklin Templeton |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (10-26-26) | 4.11% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 10 |
| Bond | |
| Yield to Maturity (9-30-26) | 5.14% |
| Effective Duration | -- |
| Average Coupon | 4.69% |
| Calculated Average Quality | 2.953 |
| Effective Maturity | 16.15 |
| Nominal Maturity | 19.53 |
| Number of Bond Holdings | 10 |
As of September 30, 2026
Fund Details
| Key Dates | |
| Inception Date | 12/23/2015 |
| Last Annual Report Date | 2/28/2026 |
| Last Prospectus Date | 7/1/2026 |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| 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:LSMSX", "name") |
| Broad Asset Class: =YCI("M:LSMSX", "broad_asset_class") |
| Broad Category: =YCI("M:LSMSX", "broad_category_group") |
| Prospectus Objective: =YCI("M:LSMSX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |