About WAHYX
Western Asset High Yield Fund Class I is a mutual fund designed to maximize total return through prudent investment management, primarily by allocating at least 80% of its net assets to U.S. dollar-denominated high yield debt and fixed income securities. These high yield, or junk bonds, offer higher income potential compared to investment-grade securities, focusing on below-investment-grade corporate bonds from issuers across various sectors including consumer cyclical, communications, energy, and finance. Managed by Western Asset Management Company, the fund employs a research-driven, value-oriented strategy that leverages extensive credit research to identify attractively priced securities, balancing income generation with capital appreciation objectives. With total assets around $233.8 million and an expense ratio of 0.75%, it caters to institutional and high-net-worth investors seeking exposure to the high yield bond market. The fund's portfolio emphasizes diversified holdings in BB, B, and CCC-rated bonds, contributing to its role in providing income-oriented fixed income solutions within broader portfolios.
Fund Family Franklin Templeton Investments
Category High Yield Bond
Stock Exchange NASDAQ
Ticker Symbol WAHYX
Share Class Class I
Index Bloomberg US High Yield 2% Issuer Cap TR
WAHYX had a total return of 9.38% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.66%.
