Western Asset SMASh Series M Fund (LMSMX) Alternatives
Western Asset SMASh Series M Fund (LMSMX) belongs to the Intermediate Core-Plus Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with LMSMX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to LMSMX
LMSMX charges 0.00% annually. Among mutual funds in the Intermediate Core-Plus Bond category, these options have the lowest expense ratios among LMSMX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Mercer Core Fixed Income Fund | 0.16% | Aug 15, 2005 | LMSMX vs MCFIX | |
| State Street Income Fund | 0.20% | Jan 2, 1980 | LMSMX vs SSASX | |
| Elfun Income Fund | 0.29% | Dec 31, 1984 | LMSMX vs EINFX | |
| TIAA-CREF Core Bond Fund | 0.29% | Jul 1, 1999 | LMSMX vs TIBDX | |
| Baird Core Plus Bond Fund | 0.30% | Sep 29, 2000 | LMSMX vs BCOIX |
Best Risk-Adjusted Alternatives to LMSMX
Among mutual funds in the Intermediate Core-Plus Bond category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Holbrook Income Fund Class I | 99 | Jul 6, 2016 | LMSMX vs HOBIX | |
| AAMA Income Fund | 98 | Jun 30, 2017 | LMSMX vs AMFIX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 94 | Jul 30, 2010 | LMSMX vs LCTRX | |
| Archer Income Fund | 87 | Mar 11, 2011 | LMSMX vs ARINX | |
| MassMutual Diversified Bond Fund | 80 | May 3, 1999 | LMSMX vs MDVAX |
Top Performing LMSMX Alternatives (YTD)
LMSMX alternatives from the Intermediate Core-Plus Bond category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Nuveen Core Plus Impact Fund | 3.03% | Apr 28, 2021 | LMSMX vs NPCT | |
| GMO Multi-Sector Fixed Income Fund | 0.96% | Apr 30, 1997 | LMSMX vs GUGAX | |
| Putnam Mortgage Securities Fund | 0.88% | Feb 8, 1984 | LMSMX vs PGSIX | |
| Holbrook Income Fund Class I | 0.82% | Jul 6, 2016 | LMSMX vs HOBIX | |
| TCW Total Return Bond Fund | 0.57% | Jun 17, 1993 | LMSMX vs TGLMX |
Lowest Volatility Alternatives to LMSMX
LMSMX alternatives from the Intermediate Core-Plus Bond category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| AAMA Income Fund | 0.98% | Jun 30, 2017 | LMSMX vs AMFIX | |
| Archer Income Fund | 1.85% | Mar 11, 2011 | LMSMX vs ARINX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 1.90% | Jul 30, 2010 | LMSMX vs LCTRX | |
| Holbrook Income Fund Class I | 2.09% | Jul 6, 2016 | LMSMX vs HOBIX | |
| TIAA-CREF Green Bond Fund | 3.36% | Nov 16, 2018 | LMSMX vs TGRNX |
Lowest Drawdown Alternatives to LMSMX
LMSMX alternatives from the Intermediate Core-Plus Bond category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Holbrook Income Fund Class I | -0.72% | Jul 6, 2016 | LMSMX vs HOBIX | |
| AAMA Income Fund | -0.74% | Jun 30, 2017 | LMSMX vs AMFIX | |
| Leader Capital High Quality Floating Rate Fund Inv... | -1.17% | Jul 30, 2010 | LMSMX vs LCTRX | |
| Archer Income Fund | -1.63% | Mar 11, 2011 | LMSMX vs ARINX | |
| Metropolitan West Investment Grade Credit Fund | -2.35% | Jun 29, 2018 | LMSMX vs MWIGX |
Other Mutual Funds from Legg Mason
Most popular Legg Mason mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| ClearBridge Select Fund | Mid Cap Growth Equities | 11 | -10.67% | Nov 30, 2012 | LMSMX vs LCSSX | |
| Western Asset Ultra-Short Income Fund | Ultrashort Bond | 99 | 0.28% | Jun 22, 1992 | LMSMX vs ARMGX | |
| BrandywineGLOBAL - Global Opportunities Bond Fund | Global Bonds | 43 | -2.02% | Oct 31, 2006 | LMSMX vs GOBSX | |
| ClearBridge Value Trust | Large Cap Value Equities | 23 | -1.35% | Apr 16, 1982 | LMSMX vs LMVTX | |
| ClearBridge Sustainability Leaders Fund | Large Cap Blend Equities | 30 | -5.98% | Mar 31, 2015 | LMSMX vs LCILX | |
| Martin Currie SMA-Shares Series EM Fund | Emerging Markets Diversified | 96 | 9.17% | Jan 9, 2018 | LMSMX vs LCSMX | |
| Franklin U.S. Large Cap Equity Fund | Large Cap Blend Equities | 58 | -6.94% | Apr 30, 2008 | LMSMX vs LMISX | |
| ClearBridge International Growth Fund | Foreign Large Cap Equities | 15 | -7.54% | Apr 16, 1995 | LMSMX vs LMGTX | |
| Franklin International Equity Fund | Foreign Large Cap Equities | 52 | -2.30% | Feb 17, 1995 | LMSMX vs LMGEX | |
| ClearBridge Small Cap Fund | Small Cap Blend Equities | 21 | -2.08% | Dec 30, 1985 | LMSMX vs LMASX |
Often Compared With LMSMX
What investors most often compare with LMSMX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Ancora Income Fund | Intermediate Core-Plus Bond | 21 | -0.31% | Jan 5, 2004 | LMSMX vs AAIIX | |
| ClearBridge Global Infrastructure Income Fund | Energy Equities | 94 | 10.24% | Mar 30, 2016 | LMSMX vs RGSVX | |
| MetWest ESG Securitized Fund | Intermediate Core-Plus Bond | 64 | -0.10% | Sep 29, 2021 | LMSMX vs MWESX |
Compare LMSMX with Any Fund or Stock
Compare LMSMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.