Western Asset Intermediate Bond C (WATCX)
| Fund Assets | 200.53M |
| Expense Ratio | 1.54% |
| Min. Investment | $1,000 |
| Turnover | 62.00% |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 2.74% |
| Dividend Growth | 6.99% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.95 |
| YTD Return | 4.03% |
| 1-Year Return | 1.70% |
| 5-Year Return | -5.67% |
| 52-Week Low | 9.54 |
| 52-Week High | 9.95 |
| Beta (5Y) | n/a |
| Holdings | 507 |
| Inception Date | Apr 30, 2012 |
About WATCX
Western Asset Intermediate Bond Fund Class C is a mutual fund specializing in fixed income investments, primarily focusing on intermediate-term bonds. Its core purpose is to provide investors with a diversified portfolio of investment-grade U.S. fixed income securities, which may include government, corporate, and other debt instruments. The strategy emphasizes maintaining an effective duration that is typically within 20% of an intermediate benchmark, balancing interest rate risk and income generation. This fund seeks to maximize total return through a combination of interest income and price appreciation, while actively managing credit and duration exposures. It plays a stabilizing role in many portfolios by aiming to deliver consistent income and capital preservation, appealing to investors who seek lower volatility compared to equity markets. The fund holds particular significance in the market for its disciplined approach to active management within the intermediate bond category, accommodating investors looking for a blend of income and risk mitigation in their broader asset allocation strategy.
Performance
WATCX had a total return of 1.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.02%.
Top 10 Holdings
43.04% of assets| Name | Symbol | Weight |
|---|---|---|
| Legg Mason Partners Inst Trust - Western Asset Premier Institutional Government Reserves Fund | WACXX | 11.22% |
| United States Treasury Notes 4% | T.4 06.30.32 | 7.41% |
| United States Treasury Notes 4% | T.4 04.30.32 | 6.92% |
| United States Treasury Notes 4.125% | T.4.125 03.31.32 | 6.89% |
| United States Treasury Notes 4.125% | T.4.125 02.29.32 | 6.87% |
| United States Treasury Notes 2.625% | T.2.625 07.31.29 | 0.84% |
| U.S. Treasury Bond Stripped Principal Payment 0% | SP.0 05.15.49 | 0.81% |
| COLUMBIA CENT CLO 33 LTD 5.92549% | CECLO.2024-33A A1 | 0.77% |
| Santander Bank Auto Credit-Linked Notes Series 2021-1 14.592% | SBCLN.2022-C F | 0.67% |
| United States Treasury Notes 2.75% | T.2.75 08.15.32 | 0.67% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.02417 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02319 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02163 | Jun 30, 2025 |
| May 30, 2025 | $0.02448 | May 30, 2025 |
| Apr 30, 2025 | $0.02329 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02162 | Mar 31, 2025 |