Western Asset Corporate Bond Fund (LWBOX)
| Fund Assets | 562.76M |
| Expense Ratio | 1.55% |
| Min. Investment | $1,000 |
| Turnover | 102.00% |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 4.23% |
| Dividend Growth | 4.99% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 10.90 |
| YTD Return | 5.06% |
| 1-Year Return | 4.23% |
| 5-Year Return | -6.13% |
| 52-Week Low | 10.26 |
| 52-Week High | 10.92 |
| Beta (5Y) | n/a |
| Holdings | 665 |
| Inception Date | Aug 1, 2012 |
About LWBOX
Western Asset Corporate Bond Fund Class C is a mutual fund specializing in the management of corporate bond portfolios. Its principal objective is to generate a high level of current income while maintaining a focus on capital preservation. The fund predominantly invests in long-term, investment-grade corporate debt securities, allocating at least 80% of its assets to this category as part of its core strategy. By focusing on the corporate bond market, the fund serves as a key instrument for participants seeking steady income streams through monthly dividend distributions. With over $480 million in assets under management and a portfolio containing hundreds of individual holdings, it provides broad diversification across sectors and issuers. The fund is designed for investors looking for exposure to the credit sector, benefiting from Western Asset’s expertise in fixed-income research and portfolio management within the US credit markets. Notable characteristics of the fund include a consistent monthly dividend payout, exposure to investment-grade corporates, and an emphasis on balancing income opportunities with prudent risk management.
Performance
LWBOX had a total return of 4.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.12%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
7.89% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bonds 4.75% | T.4.75 05.15.55 | 1.34% |
| Nissan Motor Co Ltd. 3.522% | NSANY.3.522 09.17.25 144A | 1.05% |
| Goldman Sachs Group, Inc. 5.016% | GS.V5.016 10.23.35 | 0.95% |
| Credit Agricole S.A. 8.125% | ACAFP.V8.125 PERP 144A | 0.95% |
| ILFC E-Capital Trust I 6.43% | AER.V0 12.21.65 144A | 0.84% |
| Bank of America Corp. 5.518% | BAC.V5.518 10.25.35 | 0.59% |
| United States Treasury Notes 4.25% | T.4.25 08.15.35 | 0.58% |
| CI Financial Corp 7.5% | CIXCN.7.5 05.30.29 144A | 0.55% |
| AT&T Inc 6.95% | T.6.95 01.15.28 | 0.53% |
| Full House Resorts Inc. 8.25% | FLL.8.25 02.15.28 144A | 0.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.03601 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03954 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03884 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03564 | Jun 30, 2025 |
| May 30, 2025 | $0.04028 | May 30, 2025 |
| Apr 30, 2025 | $0.03894 | Apr 30, 2025 |