Western Asset High Yield Fund Class A (WAYAX)
| Fund Assets | 228.15M |
| Expense Ratio | 0.99% |
| Min. Investment | $1,000 |
| Turnover | 41.00% |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 6.96% |
| Dividend Growth | -1.67% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 7.35 |
| YTD Return | 1.12% |
| 1-Year Return | 8.92% |
| 5-Year Return | 18.18% |
| 52-Week Low | 6.55 |
| 52-Week High | 7.36 |
| Beta (5Y) | n/a |
| Holdings | 429 |
| Inception Date | Apr 30, 2012 |
About WAYAX
Western Asset High Yield Fund Class A is a mutual fund that seeks to maximize total return through a diversified portfolio primarily composed of U.S. dollar-denominated high yield debt and fixed income securities. Managed by Western Asset Management, a leading global fixed income specialist founded in 1971, the fund employs a fundamental value-oriented investment philosophy. This approach integrates top-down macroeconomic analysis with bottom-up fundamental research to identify opportunities in the high yield bond market. It benchmarks against the Bloomberg U.S. Corporate High Yield - 2% Issuer Cap Index and features an effective duration of approximately 2.89 years and weighted average life of 4.55 years, reflecting moderate interest rate sensitivity. The portfolio holds around 410 securities across sectors like consumer cyclical, finance, communications, and energy, with a focus on below-investment-grade credits including BB, B, and CCC-rated bonds. Classified in the High Yield Bond category by Morningstar and Lipper, it provides monthly distributions and serves investors interested in income generation from non-investment-grade debt, which historically exhibits low correlations to other asset classes. With total net assets of about $233 million, the fund plays a key role in fixed income strategies emphasizing higher yields amid credit risk.
Performance
WAYAX had a total return of 8.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.01%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.04149 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04463 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0369 | Nov 28, 2025 |
| Nov 25, 2025 | $0.01763 | Nov 25, 2025 |
| Oct 31, 2025 | $0.04479 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03797 | Sep 30, 2025 |