Western Asset Corporate Bond Fund Class C (LWBOX)
| Fund Assets | 545.52M |
| Expense Ratio | 1.55% |
| Min. Investment | $1,000 |
| Turnover | 102.00% |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 4.13% |
| Dividend Growth | -0.65% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.87 |
| YTD Return | 1.27% |
| 1-Year Return | 8.70% |
| 5-Year Return | -3.31% |
| 52-Week Low | 9.91 |
| 52-Week High | 10.88 |
| Beta (5Y) | n/a |
| Holdings | 663 |
| 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 8.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.07%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIKOX | Fidelity | Fidelity Advisor Corporate Bond Fund - Class Z | 0.36% |
| FCCCX | Fidelity | Fidelity Advisor Corporate Bond Fund - Class C | 1.54% |
| FCBAX | Fidelity | Fidelity Advisor Corporate Bond Fund - Class A | 0.77% |
| FCBTX | Fidelity | Fidelity Advisor Corporate Bond Fund - Class M | 0.82% |
| FCBIX | Fidelity | Fidelity Advisor Corporate Bond Fund - Class I | 0.50% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03631 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03815 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03283 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03891 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03601 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03954 | Aug 29, 2025 |