Western Asset Intermediate Bond Fund Class I (WATIX)
| Fund Assets | 157.45M |
| Expense Ratio | 0.58% |
| Min. Investment | $1,000,000 |
| Turnover | 62.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 4.04% |
| Dividend Growth | 6.15% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 9.71 |
| YTD Return | -0.29% |
| 1-Year Return | 2.89% |
| 5-Year Return | 0.41% |
| 52-Week Low | 9.70 |
| 52-Week High | 9.97 |
| Beta (5Y) | 0.09 |
| Holdings | 510 |
| 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 2.89% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.49%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03438 | Jun 30, 2026 |
| May 29, 2026 | $0.036 | May 29, 2026 |
| Apr 30, 2026 | $0.0339 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03376 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03139 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03421 | Jan 30, 2026 |