Western Asset Corporate Bond Fund (LWBOX)
| Fund Assets | 568.93M |
| Expense Ratio | 1.55% |
| Min. Investment | $1,000 |
| Turnover | 102.00% |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 4.29% |
| Dividend Growth | 4.43% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 10.72 |
| YTD Return | 3.13% |
| 1-Year Return | 0.72% |
| 5-Year Return | -8.10% |
| 52-Week Low | 10.26 |
| 52-Week High | 11.05 |
| Beta (5Y) | n/a |
| Holdings | 654 |
| 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 0.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.00%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
8.37% of assets| Name | Symbol | Weight |
|---|---|---|
| Nissan Motor Co Ltd | NSANY.3.522 09.17.25 144A | 1.03% |
| Credit Agricole SA | ACAFP.V8.125 PERP 144A | 0.94% |
| Goldman Sachs Group Inc/The | GS.V5.016 10.23.35 | 0.93% |
| STATE OF ISRAEL - Israel Government International Bond | ISRAEL.5.5 03.12.34 10Y | 0.85% |
| Mclaren Finance PLC | MCLAUT.7.5 08.01.26 144A | 0.85% |
| Goldman Sachs Group Inc/The | GS.V5.536 01.28.36 | 0.85% |
| ILFC E-Capital Trust I | AER.V0 12.21.65 144A | 0.83% |
| KINGDOM OF JORDAN - Jordan Government International Bond | JORDAN.4.95 07.07.25 144A | 0.82% |
| United Airlines Inc | UAL.4.625 04.15.29 144A | 0.68% |
| Bank of America Corp | BAC.V5.518 10.25.35 | 0.58% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Mar 31, 2025 | $0.03775 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03644 | Feb 28, 2025 |