Western Asset Corporate Bond Fund Class C (LWBOX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.70
+0.07 (0.66%)
Aug 1, 2025, 4:00 PM EDT
0.66%
Fund Assets567.14M
Expense Ratio1.55%
Min. Investment$1,000
Turnover102.00%
Dividend (ttm)0.42
Dividend Yield3.93%
Dividend Growth4.43%
Payout FrequencyMonthly
Ex-Dividend DateJul 31, 2025
Previous Close10.63
YTD Return3.03%
1-Year Return2.51%
5-Year Return-8.73%
52-Week Low10.26
52-Week High11.05
Beta (5Y)n/a
Holdings667
Inception DateAug 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.

Fund Family Franklin Templeton Investments
Category Corporate Bond
Stock Exchange NASDAQ
Ticker Symbol LWBOX
Share Class Class C
Index Bloomberg U.S. Credit TR

Performance

LWBOX had a total return of 2.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.01%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FIKOXFidelityFidelity Advisor Corporate Bond Fund - Class Z0.36%
FCCCXFidelityFidelity Advisor Corporate Bond Fund - Class C1.54%
FCBAXFidelityFidelity Advisor Corporate Bond Fund - Class A0.77%
FCBTXFidelityFidelity Advisor Corporate Bond Fund - Class M0.82%
FCBIXFidelityFidelity Advisor Corporate Bond Fund - Class I0.50%

Other Share Classes

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

SymbolShare ClassExpense Ratio
SIGYXClass I0.55%
SIGAXClass A0.89%
LCBPXClass P1.10%
SBILXClass C11.40%

Top 10 Holdings

8.56% of assets
NameSymbolWeight
Nissan Motor Co Ltd. 3.522%NSANY.3.522 09.17.25 144A1.04%
Credit Agricole S.A. 8.125%ACAFP.V8.125 PERP 144A0.95%
Goldman Sachs Group, Inc. 5.016%GS.V5.016 10.23.350.94%
Israel (State Of) 5.5%ISRAEL.5.5 03.12.34 10Y0.86%
McLaren Finance PLC 7.5%MCLAUT.7.5 08.01.26 144A0.86%
Goldman Sachs Group, Inc. 5.536%GS.V5.536 01.28.360.86%
ILFC E-Capital Trust I 6.43%AER.V0 12.21.65 144A0.83%
Jordan (Kingdom Of) 4.95%JORDAN.4.95 07.07.25 144A0.83%
United States Treasury Bonds 4.625%T.4.625 02.15.550.76%
United States Treasury Notes 4.25%T.4.25 05.15.350.64%

Dividend History

Ex-DividendAmountPay Date
Jul 31, 2025$0.03884Jul 31, 2025
Jun 30, 2025$0.03564Jun 30, 2025
May 30, 2025$0.04028May 30, 2025
Apr 30, 2025$0.03894Apr 30, 2025
Mar 31, 2025$0.03775Mar 31, 2025
Feb 28, 2025$0.03644Feb 28, 2025
Full Dividend History