Western Asset Corporate Bond P (LCBPX)
| Fund Assets | 568.93M |
| Expense Ratio | 1.10% |
| Min. Investment | $1,000 |
| Turnover | 102.00% |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 4.74% |
| Dividend Growth | 4.28% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 10.65 |
| YTD Return | 4.11% |
| 1-Year Return | 2.73% |
| 5-Year Return | -4.70% |
| 52-Week Low | 10.25 |
| 52-Week High | 11.04 |
| Beta (5Y) | n/a |
| Holdings | 654 |
| Inception Date | Jul 7, 2009 |
About LCBPX
Western Asset Corporate Bond Fund Class P is a mutual fund focused on delivering income and moderate capital appreciation by investing primarily in a diversified portfolio of corporate bonds. Its central objective is to provide shareholders exposure to the U.S. corporate debt market, concentrating on investment-grade bonds but allocating some assets to below-investment-grade and non-U.S. issuers to enhance diversification. This fund holds more than 65% of its assets in corporate debt instruments, which generally offer higher yields and increased credit risk compared to government bonds. By selecting securities across sectors such as industrials, financials, utilities, and other key industries, the fund seeks to take advantage of shifting credit and interest rate environments. Western Asset Corporate Bond Fund Class P plays a significant role for investors seeking income-oriented products within their overall fixed income allocation, and it is structured to manage duration and credit exposure in alignment with the corporate bond sector’s typical characteristics and risk profile.
Performance
LCBPX had a total return of 2.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.59%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
8.37% of assets| Name | Symbol | Weight |
|---|---|---|
| Nissan Motor Co Ltd | NSANY.3.522 09.17.25 144A | 1.03% |
| Credit Agricole SA | ACAFP.V8.125 PERP 144A | 0.94% |
| Goldman Sachs Group Inc/The | GS.V5.016 10.23.35 | 0.93% |
| STATE OF ISRAEL - Israel Government International Bond | ISRAEL.5.5 03.12.34 10Y | 0.85% |
| Mclaren Finance PLC | MCLAUT.7.5 08.01.26 144A | 0.85% |
| Goldman Sachs Group Inc/The | GS.V5.536 01.28.36 | 0.85% |
| ILFC E-Capital Trust I | AER.V0 12.21.65 144A | 0.83% |
| KINGDOM OF JORDAN - Jordan Government International Bond | JORDAN.4.95 07.07.25 144A | 0.82% |
| United Airlines Inc | UAL.4.625 04.15.29 144A | 0.68% |
| Bank of America Corp | BAC.V5.518 10.25.35 | 0.58% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.04291 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03934 | Jun 30, 2025 |
| May 30, 2025 | $0.0443 | May 30, 2025 |
| Apr 30, 2025 | $0.04264 | Apr 30, 2025 |
| Mar 31, 2025 | $0.04139 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03991 | Feb 28, 2025 |