Western Asset Municipal High Income SMASh Fund

Class Other (LWSMX)

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Performance

The fund has returned -2.43 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date 3.1%
1 Year -2.4%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks to maximize current income exempt from regular federal income tax. Under normal circumstances, the fund invests at least 80% of its assets in "municipal securities." Municipal securities include debt obligations issued by any of the 50 states and their political subdivisions, agencies and public authorities, certain other governmental issuers (such as Puerto Rico, the U.S. Virgin Islands and Guam) and other qualifying issuers.