SHDAX Mutual Fund

NAV$5.06

Fund Essentials - as of Feb 27, 2026

Net Assets
$175M
Expense Ratio
0.55%
Dividend Yield (Current)
2.35%
Holdings
147
Inception Date
Mar 17, 2003
Fund Family
Franklin Templeton Investments (US)
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD+1.10%
1 Year+3.45%
3 Year+3.34%
5 Year+1.51%
10 Year+1.52%

Asset Allocation

Bonds: 100.00%

Price Chart (6M)

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Top Holdings

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TickerNameWeight
-Indianapolis Local Public Improvement Bond Bank2.57%
-State Of Connecticut 4.0000% Mat 08/15/20302.51%
CO DENAPT 5 12/01/20City & County Of Denver Co Airport System Revenue2.39%
NY TRBTRN 5 03/15/20Triborough Bridge & Tunnel Authority 5 03/15/20292.32%
-New Jersey St Transprtn Trust 0.0000% Mat 12/15/20271.91%
Top 10 Concentration: 20.11%Report Date: Feb 27, 2026
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Dividend Summary

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Dividend Yield (Current)
2.35%
Frequency
Monthly
Latest Distribution
$0.00
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO
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Category rank, peer-average returns and outperformance, updated daily.
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SHDAX Mutual Fund Overview

SHDAX Mutual Fund (Western Asset Short Duration Municipal Income Fund Class A) is managed by Franklin Templeton Investments (US) with $174.7M in net assets. SHDAX expense ratio is 0.55%, holding 147 positions across sectors including Other, Financials, Utilities. Inception date: 2003-03-17.

SHDAX performance shows a YTD return of 1.10%. The 1-year return is 3.45% and the 5-year return is 1.51%. SHDAX dividend yield stands at 2.35%, paid monthly.

SHDAX top holdings include Indianapolis Local Public Improvement Bond Bank (2.6%), State Of Connecticut 4.0000% Mat 08/15/2030 (2.5%), City & County Of Denver Co Airport System Revenue (2.4%), Triborough Bridge & Tunnel Authority 5 03/15/2029 (2.3%), New Jersey St Transprtn Trust 0.0000% Mat 12/15/2027 (1.9%). View all SHDAX holdings, sector breakdown, or dividend history.

SHDAX can be compared against other funds using the overlap calculator or side-by-side comparison tool. SHDAX alternatives are available via the screener, along with tax-loss harvesting opportunities.