Western Asset Short-Term Bond A (SBSTX)
Fund Assets | 256.18M |
Expense Ratio | 0.71% |
Min. Investment | $1,000 |
Turnover | 86.00% |
Dividend (ttm) | 0.15 |
Dividend Yield | 3.97% |
Dividend Growth | 8.88% |
Payout Frequency | Monthly |
Ex-Dividend Date | Aug 29, 2025 |
Previous Close | 3.720 |
YTD Return | 2.03% |
1-Year Return | 2.31% |
5-Year Return | 4.52% |
52-Week Low | 3.660 |
52-Week High | 3.720 |
Beta (5Y) | n/a |
Holdings | 471 |
Inception Date | Nov 11, 1991 |
About SBSTX
Western Asset Short-Term Bond Fund Class A is an open-end mutual fund focused on generating current income while emphasizing preservation of capital and liquidity. The strategy primarily targets investment‑grade fixed income, maintaining at least 80% of assets in securities such as corporate bonds, U.S. government and agency obligations, mortgage- and asset‑backed securities, and short-term instruments, with an average effective maturity constrained to the short end of the curve. The fund is actively managed, employing sector and security selection across high-quality credit to balance yield and interest rate risk, and typically maintains a limited duration profile to moderate sensitivity to rate movements. It distributes income monthly. The vehicle serves investors seeking a core short-term bond allocation that can complement cash management needs and dampen overall portfolio volatility relative to intermediate bond exposures. Established in 1991, it draws on Western Asset’s credit research and risk management to diversify across hundreds of holdings while aiming to provide steady income and capital stability through varying market cycles.
Performance
SBSTX had a total return of 2.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.79%.
Top 10 Holdings
18.20% of assetsName | Symbol | Weight |
---|---|---|
United States Treasury Notes 0.625% | T.0.625 07.31.26 | 3.95% |
Legg Mason Partners Inst Trust - Western Asset Premier Institutional Government Reserves Fund | WACXX | 3.09% |
BPCE SA 0% | n/a | 2.10% |
Mizuho Bank, Ltd. New York Branch 0% | n/a | 2.10% |
United States Treasury Notes 4.125% | T.4.125 10.31.29 | 2.04% |
Enterprise Products Operating LLC 3.7% | EPD.3.7 02.15.26 | 1.12% |
United States Treasury Notes 4% | T.4 02.28.30 | 1.05% |
Mars Inc. 4.6% | MARS.4.6 03.01.28 144A | 0.94% |
Federal National Mortgage Association 5.75001% | FNR.2025-18 FH | 0.92% |
Government National Mortgage Association 5.05185% | GNR.2022-H08 FA | 0.89% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Aug 29, 2025 | $0.01353 | Aug 29, 2025 |
Jul 31, 2025 | $0.01309 | Jul 31, 2025 |
Jun 30, 2025 | $0.01224 | Jun 30, 2025 |
May 30, 2025 | $0.01348 | May 30, 2025 |
Apr 30, 2025 | $0.01239 | Apr 30, 2025 |
Mar 31, 2025 | $0.01256 | Mar 31, 2025 |