See what your fund actually adds

Western Asset Short Duration Municipal Income Fund Class A SHDAX

Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.

Fund and replication metrics

SHDAX compared with its replication portfolio
MeasureSHDAXReplication
Annualized growth1.3%2.0%
Annualized volatility2.1%2.4%
Sharpe ratio0.620.84
Maximum drawdown5.2%6.6%
Replication fit (R²)0.70 · Tracking error 1.2%

Replication portfolio

The published portfolio below is the investable basket used to model SHDAX’s historical return behavior.

SHDAX replication basket weights
TickerBuilding blockWeight
VGSHFI · Short Gov45.0%
MUBFI · Municipal32.6%
BKLNFI · Senior Bank Loans17.5%
STIPFI · Short TIPS4.9%