Morningstar

Western Asset Ultra-Short Income Fund Class C1 ARMGX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 9.20  /  0.00
  • Total Assets 481.9M
  • Adj. Expense Ratio
    1.360%
  • Expense Ratio 1.380%
  • Distribution Fee Level Above Average
  • Share Class Type Level Load
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1,000
  • Status Closed
  • TTM Yield 3.11%
  • Effective Duration 0.63 years

USD | NAV as of Jun 10, 2026 | 1-Day Return as of Jun 10, 2026, 12:38 AM GMT+0

Morningstar’s Analysis ARMGX

Will ARMGX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ARMGX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ARMGX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ARMGX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Western Asset Ultra-Short Income C1 holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings ARMGX

More ARMGX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Western Asset Prem Instl Govtt Rsrv Pref

4.92 23M
Cash and Equivalents

United States Treasury Notes 4%

3.33 16M
Government

Swedbank Sparbanken Svenge Ab 3.75%

1.28 6M
Cash and Equivalents

Credit Agricole Corporate & Investment Bank New York Branch 3.8%

1.06 5M
Cash and Equivalents

Citigroup Inc. 4.643%

1.02 5M
Corporate

Mars Inc. 4.6%

0.91 4M
Corporate

The Toronto-Dominion Bank 1.2%

0.77 4M
Corporate

Wells Fargo & Co. 5.707%

0.75 4M
Corporate

Federal Home Loan Mortgage Corp. 3.279%

0.69 3M
Securitized

Meta Platforms Inc 4.55%

0.66 3M
Corporate

Sponsor Center