Western Asset Corporate Bond Fund Class A (SIGAX)
| Fund Assets | 567.14M |
| Expense Ratio | 0.89% |
| Min. Investment | $1,000 |
| Turnover | 102.00% |
| Dividend (ttm) | 0.53 |
| Dividend Yield | 4.77% |
| Dividend Growth | 4.00% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 10.63 |
| YTD Return | 3.04% |
| 1-Year Return | 2.91% |
| 5-Year Return | -5.87% |
| 52-Week Low | 10.26 |
| 52-Week High | 11.05 |
| Beta (5Y) | n/a |
| Holdings | 667 |
| Inception Date | Nov 6, 1992 |
About SIGAX
Western Asset Corporate Bond Fund Class A is an open-end mutual fund focused on generating a high level of current income while preserving capital through diversified investments in corporate debt securities. The fund primarily targets investment-grade corporate bonds, leveraging the global research capabilities of Western Asset’s investment platform and a disciplined, value-oriented strategy. Its portfolio typically maintains more than 65% allocation to corporate debt and restricts exposure to non-U.S. and below-investment-grade bonds, aligning with its risk-controlled, income-focused approach. The fund is known for its broad diversification—holding several hundred bonds across industries and issuers—and generally exhibits moderate interest rate sensitivity, with an effective duration around seven years. Distributions to shareholders are made monthly, making it suitable for those seeking regular income. With a long-standing track record since its 1992 inception, the fund plays a significant role in the U.S. fixed income landscape, serving investors who prioritize stability, cash flow, and exposure to high-quality corporate credit.
Performance
SIGAX had a total return of 2.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.08%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIKOX | Fidelity | Fidelity Advisor Corporate Bond Fund - Class Z | 0.36% |
| FCCCX | Fidelity | Fidelity Advisor Corporate Bond Fund - Class C | 1.54% |
| FCBAX | Fidelity | Fidelity Advisor Corporate Bond Fund - Class A | 0.77% |
| FCBTX | Fidelity | Fidelity Advisor Corporate Bond Fund - Class M | 0.82% |
| FCBIX | Fidelity | Fidelity Advisor Corporate Bond Fund - Class I | 0.50% |
Top 10 Holdings
8.56% of assets| Name | Symbol | Weight |
|---|---|---|
| Nissan Motor Co Ltd. 3.522% | NSANY.3.522 09.17.25 144A | 1.04% |
| Credit Agricole S.A. 8.125% | ACAFP.V8.125 PERP 144A | 0.95% |
| Goldman Sachs Group, Inc. 5.016% | GS.V5.016 10.23.35 | 0.94% |
| Israel (State Of) 5.5% | ISRAEL.5.5 03.12.34 10Y | 0.86% |
| McLaren Finance PLC 7.5% | MCLAUT.7.5 08.01.26 144A | 0.86% |
| Goldman Sachs Group, Inc. 5.536% | GS.V5.536 01.28.36 | 0.86% |
| ILFC E-Capital Trust I 6.43% | AER.V0 12.21.65 144A | 0.83% |
| Jordan (Kingdom Of) 4.95% | JORDAN.4.95 07.07.25 144A | 0.83% |
| United States Treasury Bonds 4.625% | T.4.625 02.15.55 | 0.76% |
| United States Treasury Notes 4.25% | T.4.25 05.15.35 | 0.64% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.0449 | Jul 31, 2025 |
| Jun 30, 2025 | $0.04125 | Jun 30, 2025 |
| May 30, 2025 | $0.04638 | May 30, 2025 |
| Apr 30, 2025 | $0.04466 | Apr 30, 2025 |
| Mar 31, 2025 | $0.04339 | Mar 31, 2025 |
| Feb 28, 2025 | $0.04184 | Feb 28, 2025 |