# Western Asset SMASh Series M Fund

Western Asset SMASh Series M Fund is a registered fund series of Legg Mason Partners Institutional Trust (series S000014681). Net assets $358.9M as of 2026-05-29.

## Profile

- Series ID: S000014681
- Registrant: Legg Mason Partners Institutional Trust
- LEI: 549300IQMLUT4BTBM734
- Net assets: $358.9M
- Total assets: $523.1M
- As of: 2026-05-29

## Advisers

- [Western Asset Management Company Limited (Subadvisor)](https://search.stillhousedata.com/firm/110427)
- [Western Asset Management Company, LLC (Subadvisor)](https://search.stillhousedata.com/firm/110441)
- [FRANKLIN TEMPLETON FUND ADVISER, LLC (Advisor)](https://search.stillhousedata.com/firm/140432)

## Top holdings (146 reported)

_Showing 15 of 146 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [FEDERAL NATIONAL MORTGAGE ASSOCIATION](https://search.stillhousedata.com/security/01F052664) | — | $27.0M | 752.98% |
| [UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT](https://search.stillhousedata.com/security/91282CNJ6) | — | $25.7M | 717.20% |
| [GOVERNMENT NATIONAL MORTGAGE ASSOCIATION](https://search.stillhousedata.com/security/21H052660) | — | $24.4M | 678.58% |
| [GOVERNMENT NATIONAL MORTGAGE ASSOCIATION](https://search.stillhousedata.com/security/3622AANA8) | — | $18.3M | 509.85% |
| [FEDERAL NATIONAL MORTGAGE ASSOCIATION](https://search.stillhousedata.com/security/01F060667) | — | $15.1M | 421.15% |
| [GOVERNMENT NATIONAL MORTGAGE ASSOCIATION](https://search.stillhousedata.com/security/21H042661) | — | $14.4M | 402.15% |
| [FEDERAL NATIONAL MORTGAGE ASSOCIATION](https://search.stillhousedata.com/security/01F020661) | — | $12.0M | 334.44% |
| [UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT](https://search.stillhousedata.com/security/91282CJW2) | — | $12.0M | 333.41% |
| [BX TRUST 2021-PAC](https://search.stillhousedata.com/security/05609PAA6) | — | $11.6M | 322.66% |
| [GOVERNMENT NATIONAL MORTGAGE ASSOCIATION](https://search.stillhousedata.com/security/21H050664) | — | $11.5M | 319.24% |
| [PRKCM 2021-AFC1 TRUST](https://search.stillhousedata.com/security/69357TAA8) | — | $10.2M | 284.68% |
| [FEDERAL NATIONAL MORTGAGE ASSOCIATION](https://search.stillhousedata.com/security/3136B6XJ7) | — | $9.7M | 271.10% |
| [APIDOS LOAN FUND 2024-1 LTD](https://search.stillhousedata.com/security/037986AN6) | — | $9.6M | 268.23% |
| [CSMC 2019-UVIL](https://search.stillhousedata.com/security/12656DAA1) | — | $9.4M | 262.39% |
| [SMB PRIVATE EDUCATION LOAN TRUST 2024-A](https://search.stillhousedata.com/security/831943AA3) | — | $8.6M | 240.49% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-05-29 | $358.9M |
| 2026-02-27 | $396.6M |
| 2025-11-28 | $408.2M |
| 2025-08-29 | $429.2M |
| 2025-05-30 | $445.7M |
| 2025-02-28 | $519.9M |
| 2024-11-29 | $757.9M |
| 2024-08-30 | $1.3B |

## More

- [Registrant: Legg Mason Partners Institutional Trust](https://search.stillhousedata.com/registrant/889512)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000014681.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.