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Western Asset Corporate Bond C1 SBILX

Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 10.45  /  −0.18 %
  • Total Assets 1.0 Bil
  • Adj. Expense Ratio
    1.400%
  • Expense Ratio 1.400%
  • Distribution Fee Level Below Average
  • Share Class Type Level Load
  • Category Corporate Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 1,000
  • Status Closed
  • TTM Yield 4.18%
  • Effective Duration 7.31 years

USD | NAV as of Feb 28, 2024 | 1-Day Return as of Feb 28, 2024, 1:13 AM GMT+0

Morningstar’s Analysis SBILX

Will SBILX outperform in future?

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

Mike Buchanan Named Co-CIO of Western Asset; Ratings Unchanged

null Mike Mulach

Mike Mulach

Analyst Note

Western Asset named Mike Buchanan as co-CIO alongside Ken Leech on Sept. 1, 2023. While there are no indications that Leech has imminent plans to retire, we view this as part of prudent succession planning rather than a significant shift in investment responsibilities. Buchanan remains Western’s head of global credit and has been Western’s deputy CIO since 2015.

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Portfolio Holdings SBILX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 7.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Western Asset Prem Instl Govtt Rsrv Pref

2.77 28.6 Mil
Cash and Equivalents

WEA Finance LLC / Westfield UK & Europe Finance PLC 3.75%

1.31 13.5 Mil
Corporate

United States Treasury Notes 4.375%

1.11 11.4 Mil
Government

United States Treasury Notes 4.5%

1.01 10.4 Mil
Government

Credit Agricole S.A. 8.125%

0.94 9.7 Mil
Corporate

Usd/Eur Ffx Due 011924

0.86 8.9 Mil
Derivative

Jpy/Usd Ffx Due 011924-Cross

0.82 8.5 Mil
Derivative

Danske Bank A/S 4.298%

0.76 7.8 Mil
Corporate

Danske Bank A/S 6.466%

0.74 7.6 Mil
Corporate

Nissan Motor Co Ltd. 3.522%

0.72 7.5 Mil
Corporate