Western Asset Short-Term Bond Fund Class C1 SSTLX
Strategy
The investment seeks current income, preservation of capital and liquidity. The fund normally invests at least 80% of its assets in "investment grade" fixed income securities. Securities in which the fund invests include corporate debt securities, bank obligations, mortgage- and asset-backed securities and securities issued by the U.S. government and its agencies and instrumentalities. It may invest up to 25% of its assets in U.S. dollar denominated securities of non-U.S. issuers. The adviser may also engage in a variety of transactions using derivatives in order to change the investment characteristics of its portfolio and for other purposes.
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
SBSYX | Western Asset Short-Term Bond Fund Class I | Institutional | Open | $43.19M | 0.420% | Average | $1M | −$10.72M | |||
LWSTX | Western Asset Short-Term Bond Fund Class IS | Institutional | Open | $61.48M | 0.400% | Below Average | $1M | −$3.57M | |||
SBSTX | Western Asset Short-Term Bond Fund Class A | Front Load | Open | $119.83M | 0.700% | Average | $1,000 | −$15.56M | |||
SSTLX | Western Asset Short-Term Bond Fund Class C1 | Level Load | Closed | $356,863.00 | 1.030% | Low | $1,000 | −$4,091.89 | |||
LWSOX | Western Asset Short-Term Bond Fund Class C | Level Load | Open | $1.42M | 1.550% | High | $1,000 | −$757,940.42 | |||
LWARX | Western Asset Short-Term Bond Fund Class R | Retirement, Medium | Open | $198,976.00 | 1.100% | High | $0 | $17,373.71 |