Western Asset Intermediate Muni Fund (NYSE:SBI) Shares Cross Below 50 Day Moving Average – Here’s Why

Posted by ABMN Staff on Dec 3rd, 2025

Western Asset Intermediate Muni Fund Inc. (NYSE:SBI – Get Free Report) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $7.85 and traded as low as $7.70. Western Asset Intermediate Muni Fund shares last traded at $7.7710, with a volume of 64,457 shares trading hands.

Western Asset Intermediate Muni Fund Price Performance

The stock’s 50 day moving average is $7.85 and its two-hundred day moving average is $7.70.

Western Asset Intermediate Muni Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 20th will be given a dividend of $0.042 per share. This represents a c) annualized dividend and a dividend yield of 6.5%. The ex-dividend date of this dividend is Friday, February 20th.

Institutional Investors Weigh In On Western Asset Intermediate Muni Fund

Several institutional investors have recently bought and sold shares of SBI. Moors & Cabot Inc. acquired a new position in Western Asset Intermediate Muni Fund during the 1st quarter worth approximately $87,000. Horizon Kinetics Asset Management LLC acquired a new position in Western Asset Intermediate Muni Fund during the second quarter worth $85,000. Private Advisor Group LLC bought a new position in Western Asset Intermediate Muni Fund in the third quarter valued at $91,000. Concorde Asset Management LLC bought a new position in Western Asset Intermediate Muni Fund in the first quarter valued at $90,000. Finally, Captrust Financial Advisors acquired a new stake in Western Asset Intermediate Muni Fund in the 2nd quarter valued at $96,000.

About Western Asset Intermediate Muni Fund

(Get Free Report)

Western Asset Intermediate Muni Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company. It invests in the fixed income markets of the United States. The fund invests in securities that provide income exempt from federal income tax.