Morningstar

Western Asset Ultra-Short Income Fund Class A ARMZX

Morningstar Medalist Rating
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Medalist Rating as of See Franklin Templeton Investment Hub
  • NAV / 1-Day Return $9.23  /  0.00
  • Fund Size $506.0M
  • Adjusted Expense Ratio 0.650%
  • Net Expense Ratio 0.650%
  • Fee Level: Distribution High
  • Share Class Type No Load
  • Morningstar Category Ultrashort Bond
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 3.93%
  • Average Effective Duration 0.57 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis ARMZX

Will ARMZX 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 ARMZX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ARMZX 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 ARMZX’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 A 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
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Portfolio Holdings ARMZX

More ARMZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4%

3.03 15M
Government

Western Asset Prem Instl Govtt Rsrv Pref

2.48 13M
Cash and Equivalents

United States Treasury Notes 3.75%

2.43 12M
Government

United States Treasury Bills 0%

1.71 9M
Government

ING Bank N.V. 0%

0.97 5M
Cash and Equivalents

Australia & New Zealand Banking Group Ltd. 0%

0.97 5M
Cash and Equivalents

Citigroup Inc. 4.643%

0.95 5M
Corporate

Wells Fargo & Co. 5.707%

0.88 4M
Corporate

Federal Home Loan Banks 0%

0.85 4M
Government

Mars Inc. 4.6%

0.84 4M
Corporate

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