Western Asset Intermediate Bond I (WATIX)
| Fund Assets | 200.53M |
| Expense Ratio | 0.56% |
| Min. Investment | $1,000,000 |
| Turnover | 62.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.76% |
| Dividend Growth | 7.16% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.94 |
| YTD Return | 4.10% |
| 1-Year Return | 2.15% |
| 5-Year Return | -1.89% |
| 52-Week Low | 9.53 |
| 52-Week High | 9.94 |
| Beta (5Y) | n/a |
| Holdings | 507 |
| Inception Date | Jul 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.
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%.
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 | $0.03252 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03111 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03017 | Jun 30, 2025 |
| May 30, 2025 | $0.03731 | May 30, 2025 |
| Apr 30, 2025 | $0.03338 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03066 | Mar 31, 2025 |