Western Asset Short Duration High Inc A (SHIAX)
| Fund Assets | 505.77M |
| Expense Ratio | 0.97% |
| Min. Investment | $1,000 |
| Turnover | 47.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 6.94% |
| Dividend Growth | -2.13% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 4.840 |
| YTD Return | 1.39% |
| 1-Year Return | 2.79% |
| 5-Year Return | 22.09% |
| 52-Week Low | 4.650 |
| 52-Week High | 4.870 |
| Beta (5Y) | n/a |
| Holdings | 366 |
| Inception Date | Nov 6, 1992 |
About SHIAX
Western Asset Short Duration High Income Fund Class A is a mutual fund specializing in short-duration, high-yield debt securities. Its primary objective is to generate high current income while minimizing exposure to interest rate volatility, achieved through investments in high-yield corporate bonds and floating-rate instruments with a typically short effective duration, averaging around 1.92 years. The fund allocates capital across a diverse set of sectors, including consumer cyclical, capital goods, communications, finance, and energy, with an overall credit quality profile in the B+ range. At least 80% of its assets are invested in lower-rated or non-investment grade bonds—assets generally considered riskier, but offering higher yields compared to higher-quality fixed-income portfolios. Western Asset Short Duration High Income Fund Class A plays a valuable role for investors seeking enhanced income from their fixed-income allocations, particularly within the high-yield bond segment, while maintaining a focus on reducing sensitivity to interest rate movements through its relatively short portfolio duration. The fund’s active management and sector diversification aim to balance risk and reward in a segment known for both greater yield potential and higher credit risk.
Performance
SHIAX had a total return of 2.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.44%.
Top 10 Holdings
11.04% of assets| Name | Symbol | Weight |
|---|---|---|
| EchoStar Corp. 10.75% | SATS.10.75 11.30.29 . | 1.36% |
| Carnival Corporation 6% | CCL.6 05.01.29 144A | 1.19% |
| American Airlines, Inc. 8.5% | AAL.8.5 05.15.29 144A | 1.18% |
| Venture Global LNG Inc. 8.375% | VENLNG.8.375 06.01.31 144A | 1.17% |
| First Quantum Minerals Ltd. 9.375% | FMCN.9.375 03.01.29 144A | 1.09% |
| LifePoint Health, Inc 11% | RGCARE.11 10.15.30 144A | 1.04% |
| Community Health Systems Incorporated 10.875% | CYH.10.875 01.15.32 144A | 1.03% |
| SPDR Bloomberg Short Term High Yield Bond ETF | SJNK | 0.99% |
| iShares 0-5 Year High Yield Corp Bd ETF | SHYG | 0.99% |
| First Quantum Minerals Ltd. 8.625% | FMCN.8.625 06.01.31 144A | 0.98% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.02665 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02963 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02686 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02715 | Jun 30, 2025 |
| May 30, 2025 | $0.03034 | May 30, 2025 |
| Apr 30, 2025 | $0.02894 | Apr 30, 2025 |