Western Asset Intermediate Bond A (WATAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.94
+0.01 (0.10%)
Sep 15, 2025, 4:00 PM EDT
0.10%
Fund Assets200.53M
Expense Ratio0.75%
Min. Investment$1,000
Turnover62.00%
Dividend (ttm)0.35
Dividend Yield3.36%
Dividend Growth4.95%
Payout FrequencyMonthly
Ex-Dividend DateAug 29, 2025
Previous Close9.93
YTD Return4.27%
1-Year Return2.20%
5-Year Return-2.65%
52-Week Low9.53
52-Week High9.94
Beta (5Y)n/a
Holdings507
Inception DateApr 30, 2012

About WATAX

Western Asset Intermediate Bond Fund Class A is a mutual fund specializing in intermediate-term fixed income investments. The fund’s primary objective is to maximize total return through a well-diversified portfolio of debt and fixed income securities, while maintaining prudent risk management and satisfying liquidity requirements. It typically targets an average portfolio duration between two and five years, positioning itself within the intermediate core bond category. The fund allocates at least 80% of its assets to bonds, including government, corporate, mortgage-backed, and asset-backed securities, providing broad exposure to US fixed income markets. Western Asset Intermediate Bond Fund Class A is designed for investors seeking regular income and moderate interest rate risk, distributing dividends on a monthly basis. With over 500 holdings, the fund’s structure helps reduce the impact of individual security risks on overall performance. It has a reputation for low volatility and an above-average performance rating compared to peers in its category, though its expense ratio is relatively high versus other similar funds. This mutual fund plays a notable role in diversified portfolios, especially for those focused on income generation, capital preservation, and balancing risk within the fixed income sector.

Fund Family Franklin Templeton Investments
Category Intermediate Core Bond
Stock Exchange NASDAQ
Ticker Symbol WATAX
Share Class Class A
Index Bloomberg Intermediate US Govt/Credit TR

Performance

WATAX had a total return of 2.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.64%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
WABSXClass Is0.45%
WATIXClass I0.56%
WATRXClass R1.15%
WATCXClass C1.54%

Top 10 Holdings

43.04% of assets
NameSymbolWeight
Legg Mason Partners Inst Trust - Western Asset Premier Institutional Government Reserves FundWACXX11.22%
United States Treasury Notes 4%T.4 06.30.327.41%
United States Treasury Notes 4%T.4 04.30.326.92%
United States Treasury Notes 4.125%T.4.125 03.31.326.89%
United States Treasury Notes 4.125%T.4.125 02.29.326.87%
United States Treasury Notes 2.625%T.2.625 07.31.290.84%
U.S. Treasury Bond Stripped Principal Payment 0%SP.0 05.15.490.81%
COLUMBIA CENT CLO 33 LTD 5.92549%CECLO.2024-33A A10.77%
Santander Bank Auto Credit-Linked Notes Series 2021-1 14.592%SBCLN.2022-C F0.67%
United States Treasury Notes 2.75%T.2.75 08.15.320.67%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Aug 29, 2025$0.03079Aug 29, 2025
Jul 31, 2025$0.02958Jul 31, 2025
Jun 30, 2025$0.02755Jun 30, 2025
May 30, 2025$0.03077May 30, 2025
Apr 30, 2025$0.02921Apr 30, 2025
Mar 31, 2025$0.02739Mar 31, 2025
Full Dividend History