Western Asset Short-Term Bond Fund (LWSTX)
| Fund Assets | 255.82M |
| Expense Ratio | 0.41% |
| Min. Investment | $0.00 |
| Turnover | 86.00% |
| Dividend (ttm) | 0.17 |
| Dividend Yield | 4.44% |
| Dividend Growth | 7.90% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 28, 2025 |
| Previous Close | 3.720 |
| YTD Return | 5.30% |
| 1-Year Return | 5.71% |
| 5-Year Return | 11.02% |
| 52-Week Low | 3.510 |
| 52-Week High | 3.720 |
| Beta (5Y) | n/a |
| Holdings | 495 |
| Inception Date | Oct 5, 2012 |
About LWSTX
Western Asset Short-Term Bond Fund Class IS is an actively managed mutual fund focused on high-quality, short-duration fixed income. Its primary objective is to provide current income while preserving capital and maintaining liquidity through a portfolio that invests at least 80% in investment‑grade bonds and related instruments, with an average effective maturity kept at three years or less. The strategy spans a diversified mix of sectors, including corporate credit, asset‑backed and mortgage‑backed securities, and U.S. government and agency debt, reflecting a broad approach to investment‑grade exposures within the short end of the curve. Managed by Western Asset under the Franklin Templeton umbrella, the fund is positioned in the Short‑Term Bond category and benchmarks against short 1–3 year U.S. government/credit indices to manage interest‑rate sensitivity. Key characteristics typically include moderate effective duration, monthly distributions, and a focus on liquidity, making it a tool for cash management, diversification of fixed‑income allocations, and dampening overall portfolio volatility relative to longer‑duration strategies. The share class emphasizes cost efficiency alongside disciplined risk management and sector rotation within investment‑grade markets.
Performance
LWSTX had a total return of 5.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.84%.
Top 10 Holdings
17.63% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 0.625% | T.0.625 07.31.26 | 4.03% |
| United States Treasury Bills 0% | B.0 12.18.25 | 2.38% |
| United States Treasury Notes 3.875% | T.3.875 07.31.30 | 2.28% |
| Federal Home Loan Banks 0% | n/a | 1.85% |
| Federal Home Loan Banks 0% | n/a | 1.54% |
| Western Asset Prem Instl Govtt Rsrv Pref | n/a | 1.54% |
| Enterprise Products Operating LLC 3.7% | EPD.3.7 02.15.26 | 1.13% |
| United States Treasury Notes 4% | T.4 02.28.30 | 1.07% |
| Mars Inc. 4.6% | MARS.4.6 03.01.28 144A | 0.91% |
| Government National Mortgage Association 5.13881% | n/a | 0.90% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 28, 2025 | $0.01242 | Nov 28, 2025 |
| Nov 25, 2025 | $0.00082 | Nov 25, 2025 |
| Oct 31, 2025 | $0.01488 | Oct 31, 2025 |
| Sep 30, 2025 | $0.01338 | Sep 30, 2025 |
| Aug 29, 2025 | $0.01462 | Aug 29, 2025 |
| Jul 31, 2025 | $0.01415 | Jul 31, 2025 |