Western Asset Short-Term Bond R (LWARX)

Fund Assets	231.52M
Expense Ratio	1.10%
Min. Investment	$1,000,000
Turnover	44.00%
Dividend (ttm)	0.14
Dividend Yield	3.87%
Dividend Growth	2.16%
Payout Frequency	Monthly
Ex-Dividend Date	Aug 31, 2026

Previous Close	3.610
YTD Return	-0.50%
1-Year Return	0.78%
5-Year Return	5.28%
52-Week Low	3.610
52-Week High	3.720
Beta (5Y)	0.07
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.

• Fund Family: Franklin Templeton, Inc
• Category: Short-Term Bond
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: LWARX
• Share Class: Class R
• Index: Index is not available on Lipper Database

Performance

LWARX had a total return of 0.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.39%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
LWSTX	Class Is	0.40%
SBSYX	Class I	0.42%
SBSTX	Class A	0.70%
SSTLX	Class C1	1.03%

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 31, 2026	$0.01096	Aug 31, 2026
Jul 31, 2026	$0.01263	Jul 31, 2026
Jun 30, 2026	$0.01155	Jun 30, 2026
May 29, 2026	$0.01187	May 29, 2026
Apr 30, 2026	$0.01177	Apr 30, 2026
Mar 31, 2026	$0.0115	Mar 31, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Sep 26, 2026

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