NEW YORK NY 0.1500% Mat 08/01/2040
Fixed Income
LSMSX Western Asset SMASh Series TF Fund
Popular Documents
Total Net Assets
$94.76M
As of 01/31/2026 (Updated Monthly)
The SMASh Series is available only in a Separately Managed Account (SMA)
Overview
Fund Facts
- Benchmark
- Bloomberg Municipal Bond Index
- Fund Inception Date
- 12/23/2015
Additional Fund Info
- Share Class Inception Date
- 12/23/2015
- Investment Style
- Corporate Credit
- Lipper Classification
- General & Insured Municipal Debt Funds
- Morningstar Category
4 - Miscellaneous Fixed Income
Identifiers
- Ticker
- LSMSX
- CUSIP Code
- 52470G114
Portfolio
Portfolio Statistics
As of 01/31/2026 (Updated Monthly)
Cash Flow
- Fund
- 3.85%
Holdings
As of 01/31/2026 (Updated Monthly)
ILLINOIS ST FIN AUTH REVENUE 0.1000% Mat 08/01/2044
CALIFORNIA COMMUNITY CHOICE FI 5.0000% Mat 01/01/2055
New Jersey State Transportation Trust Fund Authority Revenue 0.0000% Mat 12/15/2031
NEW YORK CITY MUNICIPAL WATER 5.0000% Mat 06/15/2049
CALIFORNIA COMMUNITY CHOICE FI 5.0000% Mat 02/01/2055
METROPOLITAN NASHVILLE AIRPORT 5.0000% Mat 07/01/2040
PENNSYLVANIA ECONOMIC DEVELOPM 5.2500% Mat 06/30/2053
STATE OF ILLINOIS 5.0000% Mat 12/01/2041
NEW HAMPSHIRE BUSINESS FINANCE 5.0000% Mat 12/01/2035
For more information about the no-fee fund that your account holds, please click here
Distributions & Tax
- Distribution Frequency
- MonthlyThis fund is an ex-Dividend fund
- Capital Gain Distributions
- June, December
Final composition of the current year’s distribution—income, capital gains and/or return of capital—are based on US tax rules and will be determined by February of the following year. For tax characterization of a distribution, such as return of capital and tax-exempt income, click on the “Tax Information” tab above.
Distributions Per Share
01/14/2026
Pricing
Documents
Regulatory Documents
| Name | Download | Add to Cart | |
|---|---|---|---|
| Annual Report - Western Asset SMASh Series TF Fund - Single Class | |||
| Annual Financial Statements and Other Information - Western Asset SMASh Series TF Fund | |||
| Semi-Annual Report - Western Asset SMASh Series TF Fund - Single Class | |||
| Semi-Annual Financial Statements and Other Information - Western Asset SMASh Series TF Fund | |||
| Prospectus - Western Asset SMASh Series Prospectus | |||
| Statement of Additional Information - Legg Mason Partners Institutional Trust Book 3 | |||
| Fiscal Q1 Holdings - Western Asset SMASh Series TF Fund | |||
| Fiscal Q3 Holdings - Western Asset SMASh Series TF Fund |
Risks
All investments involve risks, including possible loss of principal. Fixed income securities involve interest rate, credit, inflation and reinvestment risks, and possible loss of principal. As interest rates rise, the value of fixed income securities falls. Low-rated, high-yield bonds are subject to greater price volatility, illiquidity and possibility of default. Derivative instruments can be illiquid, may disproportionately increase losses, and have a potentially large impact on performance. The portfolio is non-diversified and may invest in a relatively small number of issuers, which may negatively impact the performance and result in greater fluctuation in value. These and other risks are discussed in the fund’s prospectus.
Important Information
Total Returns include change in share price, assume reinvestment of all distributions, and reflect the deduction of fund expenses and applicable fees. Total returns, distribution rate, and yields reflect any applicable expense reductions and fee waivers; without these reductions, the results would have been lower.
Most funds offer multiple share classes. Share classes are subject to different fees and expenses, which will affect their performance.
Certain share classes are only offered to eligible investors as stated in the prospectus. Different minimums may apply to clients of certain service agents. All classes of shares are not available through all distribution channels. See the Fund's prospectus for additional information.
Franklin Distributors, LLC. Member FINRA, SIPC. All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Reports and other information about the funds are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.
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Important data provider notices and terms available at www.franklintempletondatasources.com.
Performance data quoted represents past performance, which does not guarantee future results.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
Investors should carefully consider a fund's investment goals, risks, sales charges and expenses before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing or sending money.
The Bloomberg Municipal Bond Index is a broad measure of the municipal bond market with maturities of at least one year.
Source: Bloomberg Indices.