Morningstar

Western Asset Ultra-Short Income Fund Class A ARMZX

Medalist Rating as of Aug 31, 2026 See Franklin Templeton Investment Hub

Strategy

The investment seeks current income and capital preservation while maintaining liquidity. Under normal circumstances, the fund will invest its assets in debt obligations, other fixed income securities and related investments. It may invest in all types of U.S. dollar denominated short-term debt instruments, including bank obligations, commercial paper and asset-backed securities, mortgage-backed securities, U.S. government agency or instrumentality securities, corporate loans, corporate debt securities, structured instruments and repurchase agreements.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
ARMZX	Western Asset Ultra-Short Income Fund Class A	No Load	Open			Apr 18, 1997	$248.68M	0.650%	High	$1,000	$52.53M
SBAYX	Western Asset Ultra-Short Income Fund Class I	Institutional	Open			Oct 17, 2002	$218.48M	0.380%	Above Average	$1M	$48.75M
ARMLX	Western Asset Ultra-Short Income Fund Class IS	Institutional	Open			Jan 31, 2014	$36.32M	0.350%	Average	$1M	$8.38M
ARMGX	Western Asset Ultra-Short Income Fund Class C1	Level Load	Closed			Jun 22, 1992	$44,096.00	1.380%	Above Average	$1,000	$1,299.58
LWAIX	Western Asset Ultra-Short Income Fund Class C	Level Load	Closed			Aug 1, 2012	$2.47M	1.450%	High	$1,000	−$1.41M

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