Western Asset Short-Term Bond Fund Class R (LWARX)
| Fund Assets | 240.14M |
| Expense Ratio | 1.11% |
| Min. Investment | $1,000 |
| Turnover | 44.00% |
| Dividend (ttm) | 0.14 |
| Dividend Yield | 3.81% |
| Dividend Growth | 5.03% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 3.680 |
| YTD Return | -0.19% |
| 1-Year Return | 3.00% |
| 5-Year Return | 5.47% |
| 52-Week Low | 3.670 |
| 52-Week High | 3.720 |
| Beta (5Y) | n/a |
| Holdings | 503 |
| 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 3.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.47%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.0115 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0107 | Feb 27, 2026 |
| 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 |