Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
Western Asset Short-Term Bond C1 SSTLX
- NAV / 1-Day Return 3.64 / +0.03 %
- Total Assets 586.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.040%
- Distribution Fee Level Low
- Share Class Type Level Load
- Category Short-Term Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 1,000
- Status Closed
- TTM Yield 3.34%
- Effective Duration 1.94 years
USD | NAV as of May 18, 2024 | 1-Day Return as of May 18, 2024, 12:43 AM GMT+0
Morningstar’s Analysis SSTLX
Will SSTLX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 18.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Notes 3.5% | 6.41 | 37.9 Mil | Government |
Western Asset Prem Instl Govtt Rsrv Pref | 4.89 | 28.9 Mil | Cash and Equivalents |
United States Treasury Notes 5% | 3.56 | 21.0 Mil | Government |
United States Treasury Notes 3.5% | 2.12 | 12.5 Mil | Government |
JPMorgan Chase & Co. 2.083% | 1.23 | 7.3 Mil | Corporate |
Bank of America Corp. 1.319% | 1.18 | 7.0 Mil | Corporate |
Goldman Sachs Group, Inc. 3.272% | 1.10 | 6.5 Mil | Corporate |
Fnma Pass-Thru I 5.5% | 0.86 | 5.1 Mil | Securitized |
Enterprise Products Operating LLC 3.7% | 0.83 | 4.9 Mil | Corporate |
United States Treasury Notes 3.625% | 0.81 | 4.8 Mil | Government |