Western Asset Corporate Bond C1 (SBILX)
| Fund Assets | 562.76M |
| Expense Ratio | 1.40% |
| Min. Investment | $1,000 |
| Turnover | 102.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 4.40% |
| Dividend Growth | 4.15% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 10.82 |
| YTD Return | 5.01% |
| 1-Year Return | 4.24% |
| 5-Year Return | -5.26% |
| 52-Week Low | 10.19 |
| 52-Week High | 10.84 |
| Beta (5Y) | 0.38 |
| Holdings | 665 |
| Inception Date | Feb 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.
Performance
SBILX had a total return of 4.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.00%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
7.89% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bonds 4.75% | T.4.75 05.15.55 | 1.34% |
| Nissan Motor Co Ltd. 3.522% | NSANY.3.522 09.17.25 144A | 1.05% |
| Goldman Sachs Group, Inc. 5.016% | GS.V5.016 10.23.35 | 0.95% |
| Credit Agricole S.A. 8.125% | ACAFP.V8.125 PERP 144A | 0.95% |
| ILFC E-Capital Trust I 6.43% | AER.V0 12.21.65 144A | 0.84% |
| Bank of America Corp. 5.518% | BAC.V5.518 10.25.35 | 0.59% |
| United States Treasury Notes 4.25% | T.4.25 08.15.35 | 0.58% |
| CI Financial Corp 7.5% | CIXCN.7.5 05.30.29 144A | 0.55% |
| AT&T Inc 6.95% | T.6.95 01.15.28 | 0.53% |
| Full House Resorts Inc. 8.25% | FLL.8.25 02.15.28 144A | 0.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.03723 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04091 | Aug 29, 2025 |
| Jul 31, 2025 | $0.0402 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0369 | Jun 30, 2025 |
| May 30, 2025 | $0.04169 | May 30, 2025 |
| Apr 30, 2025 | $0.04024 | Apr 30, 2025 |