Western Asset Corporate Bond Fund Class P (LCBPX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.69
+0.07 (0.66%)
Aug 1, 2025, 4:00 PM EDT
0.66%
Fund Assets567.14M
Expense Ratio1.10%
Min. Investment$0.00
Turnover102.00%
Dividend (ttm)0.46
Dividend Yield4.34%
Dividend Growth4.28%
Payout FrequencyMonthly
Ex-Dividend DateJul 31, 2025
Previous Close10.62
YTD Return3.92%
1-Year Return4.47%
5-Year Return-5.51%
52-Week Low10.25
52-Week High11.04
Beta (5Y)n/a
Holdings667
Inception DateJul 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.

Fund Family Franklin Templeton Investments
Category Corporate Bond
Stock Exchange NASDAQ
Ticker Symbol LCBPX
Share Class Class P
Index Bloomberg U.S. Credit TR

Performance

LCBPX had a total return of 4.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.60%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FIKOXFidelityFidelity Advisor Corporate Bond Fund - Class Z0.36%
FCCCXFidelityFidelity Advisor Corporate Bond Fund - Class C1.54%
FCBAXFidelityFidelity Advisor Corporate Bond Fund - Class A0.77%
FCBTXFidelityFidelity Advisor Corporate Bond Fund - Class M0.82%
FCBIXFidelityFidelity Advisor Corporate Bond Fund - Class I0.50%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
SIGYXClass I0.55%
SIGAXClass A0.89%
SBILXClass C11.40%
LWBOXClass C1.55%

Top 10 Holdings

8.56% of assets
NameSymbolWeight
Nissan Motor Co Ltd. 3.522%NSANY.3.522 09.17.25 144A1.04%
Credit Agricole S.A. 8.125%ACAFP.V8.125 PERP 144A0.95%
Goldman Sachs Group, Inc. 5.016%GS.V5.016 10.23.350.94%
Israel (State Of) 5.5%ISRAEL.5.5 03.12.34 10Y0.86%
McLaren Finance PLC 7.5%MCLAUT.7.5 08.01.26 144A0.86%
Goldman Sachs Group, Inc. 5.536%GS.V5.536 01.28.360.86%
ILFC E-Capital Trust I 6.43%AER.V0 12.21.65 144A0.83%
Jordan (Kingdom Of) 4.95%JORDAN.4.95 07.07.25 144A0.83%
United States Treasury Bonds 4.625%T.4.625 02.15.550.76%
United States Treasury Notes 4.25%T.4.25 05.15.350.64%

Dividend History

Ex-DividendAmountPay Date
Jul 31, 2025$0.04291Jul 31, 2025
Jun 30, 2025$0.03934Jun 30, 2025
May 30, 2025$0.0443May 30, 2025
Apr 30, 2025$0.04264Apr 30, 2025
Mar 31, 2025$0.04139Mar 31, 2025
Feb 28, 2025$0.03991Feb 28, 2025