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Trending ETFs

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$350 M

-

1.86%

Vitals

YTD Return

N/A

1 yr return

-1.4%

3 Yr Avg Return

2.5%

5 Yr Avg Return

4.5%

Net Assets

$350 M

Holdings in Top 10

12.0%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.86%

SALES FEES

Front Load N/A

Deferred Load 4.50%

TRADING FEES

Turnover 95.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$250


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$350 M

-

1.86%

HBDIX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 1.6%
  • 5 Yr Annualized Total Return 4.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.79%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Western Asset Corporate Bond Fund
  • Fund Family Name
    Legg Mason
  • Inception Date
    Jan 04, 1982
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Ryan K. Brist

Fund Description


HBDIX - Performance

Return Ranking - Trailing

Period HBDIX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -4.8% 12.9% N/A
1 Yr -1.4% -7.3% 7.8% N/A
3 Yr 2.5%* -2.9% 2.4% N/A
5 Yr 4.5%* -4.9% 2.0% N/A
10 Yr 4.3%* -5.0% 3.2% N/A

* Annualized

Return Ranking - Calendar

Period HBDIX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -11.7% 2.7% N/A
2022 N/A -2.5% 8.3% N/A
2021 N/A -3.1% 11.6% N/A
2020 N/A -18.3% 0.0% N/A
2019 N/A -8.4% 12.3% N/A

Total Return Ranking - Trailing

Period HBDIX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -4.8% 12.9% N/A
1 Yr -5.7% -6.5% 9.0% N/A
3 Yr 1.6%* -1.1% 6.2% N/A
5 Yr 4.3%* -2.4% 4.8% N/A
10 Yr 4.3%* -1.8% 9.2% N/A

* Annualized

Total Return Ranking - Calendar

Period HBDIX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -11.7% 3.9% N/A
2022 N/A -2.5% 11.6% N/A
2021 N/A -3.1% 17.7% N/A
2020 N/A -16.2% 3.7% N/A
2019 N/A -8.0% 17.6% N/A

HBDIX - Holdings

Concentration Analysis

HBDIX Category Low Category High HBDIX % Rank
Net Assets 350 M 10.5 M 29.5 B N/A
Number of Holdings 373 11 2235 N/A
Net Assets in Top 10 41.9 M -310 M 3.34 B N/A
Weighting of Top 10 11.95% 2.5% 155.9% N/A

Top 10 Holdings

  1. Barclays Bk 7.625% 2.03%
  2. Anheuser Busch Inbev Fin 4.7% 1.38%
  3. Verizon Comms 4.75% 1.27%
  4. Anheuser Busch Inbev Fin 4.9% 1.17%
  5. US Treasury Bond 3% 1.11%
  6. Citigroup 8.125% 1.04%
  7. General Elec Cap Corp Mtn Be 6.875% 1.02%
  8. Hsbc Hldgs 4.3% 1.00%
  9. Charter Comms Oper 144A 6.484% 0.97%
  10. Bk Amer 5% 0.96%

Asset Allocation

Weighting Return Low Return High HBDIX % Rank
Bonds
96.05% 26.37% 173.58% N/A
Cash
1.93% -84.03% 73.39% N/A
Preferred Stocks
0.67% 0.00% 26.16% N/A
Stocks
0.58% -2.89% 10.59% N/A
Other
0.42% -34.36% 12.11% N/A
Convertible Bonds
0.34% 0.00% 17.11% N/A

Stock Sector Breakdown

Weighting Return Low Return High HBDIX % Rank
Financial Services
0.58% 0.00% 2.43% N/A
Utilities
0.00% 0.00% 0.48% N/A
Technology
0.00% -1.37% 1.60% N/A
Real Estate
0.00% 0.00% 0.32% N/A
Industrials
0.00% -0.99% 2.67% N/A
Healthcare
0.00% -0.13% 1.18% N/A
Energy
0.00% -0.14% 4.72% N/A
Communication Services
0.00% 0.00% 0.21% N/A
Consumer Defense
0.00% -0.10% 2.22% N/A
Consumer Cyclical
0.00% -0.30% 1.56% N/A
Basic Materials
0.00% 0.00% 2.60% N/A

Stock Geographic Breakdown

Weighting Return Low Return High HBDIX % Rank
US
0.58% -2.03% 10.59% N/A
Non US
0.00% -0.86% 1.46% N/A

Bond Sector Breakdown

Weighting Return Low Return High HBDIX % Rank
Corporate
84.66% 0.00% 103.35% N/A
Securitized
6.93% 0.00% 115.76% N/A
Government
4.40% -30.95% 54.13% N/A
Cash & Equivalents
2.06% -84.06% 73.39% N/A
Municipal
0.75% 0.00% 21.09% N/A
Derivative
-0.18% -0.83% 73.03% N/A

Bond Geographic Breakdown

Weighting Return Low Return High HBDIX % Rank
US
71.46% 7.78% 153.73% N/A
Non US
24.59% 0.00% 48.77% N/A

HBDIX - Expenses

Operational Fees

HBDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.86% 0.00% 3.46% N/A
Management Fee 0.50% 0.00% 1.70% N/A
12b-1 Fee 0.75% 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.40% N/A

Sales Fees

HBDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load 4.50% 0.00% 5.50% N/A

Trading Fees

HBDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

HBDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 95.00% 0.00% 1209.00% N/A

HBDIX - Distributions

Dividend Yield Analysis

HBDIX Category Low Category High HBDIX % Rank
Dividend Yield 0.00% 0.00% 2.52% N/A

Dividend Distribution Analysis

HBDIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

HBDIX Category Low Category High HBDIX % Rank
Net Income Ratio 2.79% 0.12% 5.67% N/A

Capital Gain Distribution Analysis

HBDIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

HBDIX - Fund Manager Analysis

Managers

Ryan K. Brist


Start Date

Tenure

Tenure Rank

Apr 30, 2010

5.92

5.9%

Ryan K. Brist has been the Head of U.S. Investment Grade Credit of Western Asset Management since 2009. Prior to that time, he is the chief investment officer and senior portfolio manager for Logan Circle Partners. Prior to joining Logan Circle Partners, he was co-head of the fixed income department at Delaware Investments where he oversaw the fixed income investment process, and was primarily responsible for the total return-based products. Prior to joining Delaware Investments, he was a member of the portfolio management team that managed Conseco Capital Management’s investment grade core and core plus products for five years. He previously worked in investment banking as an analyst for Dean Witter Reynolds in New York. Mr. Brist holds a bachelor’s degree in finance from Indiana University.

S. Kenneth Leech


Start Date

Tenure

Tenure Rank

Mar 31, 2014

2.0

2.0%

Leech transitioned into a CIO Emeritus role in September 2008 and joined Western Asset as Chief Investment Officer in 1990. Prior to joining Western in 1990, he was a portfolio manager with Greenwich Capital Markets from 1988 to 1990; the First Boston Corporation from 1980 to 1988; and the National Bank of Detroit from 1977 to 1980. He has over 32 years of investment experience.

Michael C. Buchanan


Start Date

Tenure

Tenure Rank

Sep 01, 2012

3.58

3.6%

Michael Buchanan, Managing Director, is head of US credit products, a senior member of the Core Fixed Income team and a member of the Global Credit Committee. He joined in 2003 from Janus Capital Management, where he was an Executive Vice President and managed high yield portfolios. Previously, he was a Managing Director at BlackRock Financial Management, where he was a senior high yield portfolio manager and a member of the firm’s investment strategy group; and a Vice President at Conseco Capital Management, where he managed high yield portfolios and was responsible for the trading of high yield debt, bank loans and emerging market debt. Mr. Buchanan holds a BA in business economics and organizational behavior/management from Brown University. He is a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 3.33 1.27 0.05