Western Asset Short-Term Bond Fund Class R (LWARX)
| Fund Assets | 245.31M |
| Expense Ratio | 1.11% |
| Min. Investment | $0.00 |
| Turnover | 86.00% |
| Dividend (ttm) | 0.13 |
| Dividend Yield | 3.46% |
| Dividend Growth | 6.75% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 3.710 |
| YTD Return | 0.31% |
| 1-Year Return | 4.99% |
| 5-Year Return | 7.12% |
| 52-Week Low | 3.520 |
| 52-Week High | 3.710 |
| Beta (5Y) | n/a |
| Holdings | 495 |
| Inception Date | Jan 31, 2014 |
About LWARX
Western Asset Short-Term Bond Fund Class R is an open-end mutual fund focused on generating current income while emphasizing preservation of capital and liquidity. The strategy primarily invests in investment-grade fixed income, including corporate bonds, U.S. government and agency securities, and mortgage- and asset-backed securities, with flexibility to allocate a portion to U.S. dollar–denominated issues from non-U.S. issuers. The portfolio targets the short end of the curve, maintaining a short effective duration—around two years—and an average maturity of roughly four years to reduce interest-rate sensitivity relative to intermediate and long-duration peers. The fund employs active management and can use derivatives to adjust interest-rate, credit, and sector exposures, seeking efficient implementation of its risk positioning. With hundreds of holdings, it maintains broad diversification across issuers and sectors, and distributes income monthly. Positioned within the short-term bond category, it serves as a conservative fixed-income allocation for investors aiming to balance income needs with lower volatility than longer-duration bond funds.
Performance
LWARX had a total return of 4.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.67%.
Top 10 Holdings
17.63% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 0.625% | T.0.625 07.31.26 | 4.03% |
| United States Treasury Bills 0% | B.0 12.18.25 | 2.38% |
| United States Treasury Notes 3.875% | T.3.875 07.31.30 | 2.28% |
| Federal Home Loan Banks 0% | n/a | 1.85% |
| Federal Home Loan Banks 0% | n/a | 1.54% |
| Western Asset Prem Instl Govtt Rsrv Pref | n/a | 1.54% |
| Enterprise Products Operating LLC 3.7% | EPD.3.7 02.15.26 | 1.13% |
| United States Treasury Notes 4% | T.4 02.28.30 | 1.07% |
| Mars Inc. 4.6% | MARS.4.6 03.01.28 144A | 0.91% |
| Government National Mortgage Association 5.13881% | n/a | 0.90% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.01149 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0127 | Dec 31, 2025 |
| Nov 28, 2025 | $0.01069 | Nov 28, 2025 |
| Nov 25, 2025 | $0.00082 | Nov 25, 2025 |
| Oct 31, 2025 | $0.01272 | Oct 31, 2025 |
| Sep 30, 2025 | $0.01115 | Sep 30, 2025 |