Western Asset Corporate Bond Fund Class C1 (SBILX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.54
+0.02 (0.19%)
Jul 25, 2025, 4:00 PM EDT
0.19%
Fund Assets567.14M
Expense Ratio1.40%
Min. Investment$1,000
Turnover102.00%
Dividend (ttm)0.43
Dividend Yield4.09%
Dividend Growth3.61%
Payout FrequencyMonthly
Ex-Dividend DateJul 31, 2025
Previous Close10.52
YTD Return2.20%
1-Year Return1.75%
5-Year Return-8.63%
52-Week Low10.19
52-Week High10.97
Beta (5Y)0.36
Holdings667
Inception DateFeb 26, 1993

About SBILX

Western Asset Corporate Bond Fund Class C1 is an open-end mutual fund designed to provide investors with exposure to the U.S. corporate bond market. Its primary function is to invest in a diversified portfolio of investment-grade and, to a lesser extent, high-yield corporate debt securities issued by U.S. and, on occasion, foreign corporations. The fund seeks to generate income through interest payments while also aiming for capital preservation. Key features include an annual expense ratio of 1.4% and the distribution of dividends once per year. The portfolio’s performance is benchmarked against the Barclays Capital U.S. Credit Index, reflecting its focus on capturing returns from value-oriented corporate credit investments. This mutual fund plays a significant role in the broader fixed-income sector by offering investors access to professionally managed corporate bond strategies, which can serve as a core income-generating component within a diversified portfolio. Over recent periods, it has displayed moderate returns and historical volatility, aligning with typical characteristics of corporate bond funds.

Fund Family Franklin Templeton Investments
Category Corporate Bond
Stock Exchange NASDAQ
Ticker Symbol SBILX
Share Class Class C1
Index Bloomberg U.S. Credit TR

Performance

SBILX had a total return of 1.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.94%.

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%
LWBOXClass C1.55%

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%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jul 31, 2025$0.0402Jul 31, 2025
Jun 30, 2025$0.0369Jun 30, 2025
May 30, 2025$0.04169May 30, 2025
Apr 30, 2025$0.04024Apr 30, 2025
Mar 31, 2025$0.03901Mar 31, 2025
Feb 28, 2025$0.03765Feb 28, 2025
Full Dividend History