Western Asset Intermediate Bond Fund Class C (WATCX)
| Fund Assets | 166.53M |
| Expense Ratio | 1.54% |
| Min. Investment | $1,000 |
| Turnover | 62.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 2.80% |
| Dividend Growth | 5.94% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.94 |
| YTD Return | 0.67% |
| 1-Year Return | 6.84% |
| 5-Year Return | -2.22% |
| 52-Week Low | 9.34 |
| 52-Week High | 9.96 |
| Beta (5Y) | n/a |
| Holdings | 455 |
| 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 6.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.91%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02592 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02683 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02016 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02454 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02126 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02417 | Aug 29, 2025 |