Western Asset Intermediate Muni Fund (SBI) Stock Price, News & Analysis
What Changed
Price Move History
- Daily moves over 5%
- 0 252 sessions, September 29, 2025 to September 29, 2026
- Largest daily move
- -1.9% close of September 23, 2026
- 1-year change
- -11.8% closing prices, September 29, 2025 to September 29, 2026
- 5-year change
- -28.3% closing prices, September 29, 2021 to September 29, 2026
Company Description
Western Asset Intermediate Muni Fund, Inc. (NYSE: SBI) is a diversified closed-end management investment company in the Western Asset fund family. The fund's stated investment objective is to provide a high level of current income exempt from federal income taxes. It is structured as an exchange-listed closed-end fund, with shares traded under the symbol SBI.
The fund invests primarily in municipal obligations. Under normal market conditions, it invests at least 80% of total assets in municipal obligations and at least 80% of total assets in debt securities that are rated investment grade at the time of investment, or in unrated securities that the investment manager determines to be of equivalent quality. This makes the fund a municipal bond vehicle focused on tax-exempt income and investment-grade credit quality.
As a closed-end fund, Western Asset Intermediate Muni Fund is governed through a board structure and shareholder voting process. Its public-company record includes governance matters such as director elections and ratification of the fund's independent registered public accounting firm. Proxy materials also identify voting by holders of common stock and preferred shares for applicable fund governance matters.
Stock Performance
Western Asset Intermediate Muni Fund (SBI) closed at $6.93 on September 29, 2026. Over the past 12 months, the price has lost 11.8%.
SBI Metrics & Rankings
Price returns through September 29, 2026. Month-to-date and YTD include the first trading day. Ranking links may use different dates.
Latest News
Western Asset Intermediate Muni Fund has 10 recent news articles. Of the recent coverage, 2 articles coincided with positive price movement and 6 with negative movement. Key topics include acquisition. View all SBI news →
SEC Filings
Western Asset Intermediate Muni Fund has filed 10 recent SEC filings, including 4 Form 3, 3 Form SCHEDULE 13G/A, 1 Form DEF 14A, 1 Form N-CEN. The most recent filing was submitted on September 11, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all SBI SEC filings →
Financial Highlights
Upcoming Events
SBI into MMU merger
Fiscal year end
2029 annual meeting
Western Asset Intermediate Muni Fund has 3 upcoming scheduled events. The next event, "SBI into MMU merger", is scheduled for October 1, 2026 (tomorrow). 1 of the upcoming events are financial in nature, such as earnings calls or quarterly results. Investors can track these dates to stay informed about potential catalysts that may affect the SBI stock price.
Short Interest History
Short interest in Western Asset Intermediate Muni Fund (SBI) currently stands at 24.4 thousand shares, up 19.1% from the previous reporting period, representing 0.2% of the shares outstanding. Since September 2025, short interest has decreased by 36.4%.
Days to Cover History
Days to cover for Western Asset Intermediate Muni Fund (SBI) currently stands at 1.0 days. The ratio is the reported short interest divided by the average daily trading volume.
SBI Company Profile & Sector Positioning
Western Asset Intermediate Muni Fund (SBI) operates in the Asset Management industry within the broader Financial Services sector and is listed on the NYSE.
Investors comparing SBI often look at related companies in the same sector, including DWS Strategic Municipal Income Trust (KSM), Western Asset Investment Grade Defined Opportunity Trust Inc. (IGI), BLACKROCK MUNIYIELD PENNSYLVANIA QUALITY FUND (MPA), Carlyle Credit Income Fund Shares of Beneficial Interest (CCIF), and Pearl Diver Credit Company Inc. (PDCC). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate SBI's relative position within its industry.