Western Asset Short-Term Bond C1 (SSTLX)
| Fund Assets | 256.18M |
| Expense Ratio | 1.03% |
| Min. Investment | $1,000 |
| Turnover | 86.00% |
| Dividend (ttm) | 0.14 |
| Dividend Yield | 3.79% |
| Dividend Growth | 9.95% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 3.720 |
| YTD Return | 1.97% |
| 1-Year Return | 2.17% |
| 5-Year Return | 3.45% |
| 52-Week Low | 3.660 |
| 52-Week High | 3.720 |
| Beta (5Y) | n/a |
| Holdings | 471 |
| Inception Date | Aug 5, 2002 |
About SSTLX
Western Asset Short-Term Bond Fund Class C1 is an open-end mutual fund focused on high-quality, shorter-maturity fixed income securities. Its primary objective is to provide current income while emphasizing preservation of capital and liquidity through a diversified portfolio anchored in investment‑grade bonds and related instruments, typically maintaining a short average effective maturity profile consistent with the short-term bond category. The strategy spans corporate credit, government and agency debt, securitized exposures, and cash equivalents, managed by Western Asset’s global fixed income team under the Franklin Templeton umbrella. Notable characteristics include a broad holdings base and monthly income distributions, with the Class C1 share class featuring a higher ongoing expense structure relative to institutional counterparts. Within its category context, the fund’s risk-return profile reflects short duration interest-rate sensitivity and measured credit exposure aimed at balancing income generation with stability over market cycles. Established track record and transparent reporting on yield, duration, and portfolio composition support its role as a core short-duration bond allocation in diversified fixed income lineups.
Performance
SSTLX had a total return of 2.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.47%.
Top 10 Holdings
18.20% of assets| Name | 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 | $0.01277 | Aug 29, 2025 |
| Jul 31, 2025 | $0.01212 | Jul 31, 2025 |
| Jun 30, 2025 | $0.01125 | Jun 30, 2025 |
| May 30, 2025 | $0.0124 | May 30, 2025 |
| Apr 30, 2025 | $0.0114 | Apr 30, 2025 |
| Mar 31, 2025 | $0.01161 | Mar 31, 2025 |