Western Asset Intermediate Bond I (WATIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.92
-0.02 (-0.20%)
Sep 12, 2025, 4:00 PM EDT
-0.20%
Fund Assets200.53M
Expense Ratio0.56%
Min. Investment$1,000,000
Turnover62.00%
Dividend (ttm)0.37
Dividend Yield3.76%
Dividend Growth7.16%
Payout FrequencyMonthly
Ex-Dividend DateAug 29, 2025
Previous Close9.94
YTD Return4.10%
1-Year Return2.15%
5-Year Return-1.89%
52-Week Low9.53
52-Week High9.94
Beta (5Y)n/a
Holdings507
Inception DateJul 1, 1994

About WATIX

Western Asset Intermediate Bond Fund Class I is an actively managed mutual fund focused on the intermediate core bond segment. Its primary objective is to maximize total return while maintaining prudent risk management and liquidity, targeting an average or effective duration of roughly two to five years to balance interest-rate sensitivity and income generation. The portfolio invests at least 80% of assets in debt and fixed income securities, spanning U.S. Treasuries, agency and corporate bonds, and securitized instruments, with notable allocations to U.S. government issues. As an institutional share class, it features a stated expense ratio near the middle of its peer group and a high/limited profile on credit quality and interest-rate sensitivity metrics. The fund distributes income monthly, reflecting its focus on steady cash flows from fixed income holdings. Managed by Western Asset, a specialist fixed income platform within Franklin Templeton, the strategy plays a role as a core bond holding, offering diversification, liquidity, and intermediate duration exposure within multi-asset or fixed income portfolios.

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

Performance

WATIX had a total return of 2.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.68%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
WABSXClass Is0.45%
WATAXClass A0.75%
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$0.03252Aug 29, 2025
Jul 31, 2025$0.03111Jul 31, 2025
Jun 30, 2025$0.03017Jun 30, 2025
May 30, 2025$0.03731May 30, 2025
Apr 30, 2025$0.03338Apr 30, 2025
Mar 31, 2025$0.03066Mar 31, 2025
Full Dividend History