Western Asset Short Duration High Income Fund
Name
As of 09/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.9%
1 yr return
9.9%
3 Yr Avg Return
3.0%
5 Yr Avg Return
3.8%
Net Assets
$460 M
Holdings in Top 10
8.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.71%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 88.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 09/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
LWHIX - Profile
Distributions
- YTD Total Return 6.9%
- 3 Yr Annualized Total Return 3.0%
- 5 Yr Annualized Total Return 3.8%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.74%
- Dividend Yield 7.2%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameWestern Asset Short Duration High Income Fund
-
Fund Family NameFRANKLIN TEMPLETON
-
Inception DateAug 01, 2012
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Buchanan
Fund Description
LWHIX - Performance
Return Ranking - Trailing
Period | LWHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.9% | -4.7% | 13.7% | 63.23% |
1 Yr | 9.9% | -3.9% | 19.9% | 90.16% |
3 Yr | 3.0%* | -15.0% | 20.8% | 31.74% |
5 Yr | 3.8%* | -12.1% | 37.3% | 50.26% |
10 Yr | 2.6%* | -5.3% | 20.1% | 87.53% |
* Annualized
Return Ranking - Calendar
Period | LWHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.8% | -4.7% | 14.3% | 91.60% |
2022 | -11.7% | -33.4% | 3.6% | 12.23% |
2021 | 1.3% | -8.4% | 8.2% | 18.61% |
2020 | -1.3% | -13.2% | 302.7% | 74.39% |
2019 | 4.8% | -4.4% | 13.3% | 85.13% |
Total Return Ranking - Trailing
Period | LWHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.9% | -4.7% | 13.7% | 63.23% |
1 Yr | 9.9% | -3.9% | 19.9% | 90.16% |
3 Yr | 3.0%* | -15.0% | 20.8% | 31.74% |
5 Yr | 3.8%* | -12.1% | 37.3% | 50.26% |
10 Yr | 2.6%* | -5.3% | 20.1% | 87.53% |
* Annualized
Total Return Ranking - Calendar
Period | LWHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.5% | -4.7% | 18.7% | 80.94% |
2022 | -6.8% | -33.4% | 47.8% | 13.54% |
2021 | 5.8% | -8.4% | 12.4% | 34.52% |
2020 | 3.7% | -9.6% | 325.6% | 76.31% |
2019 | 10.0% | -3.8% | 19.4% | 86.20% |
NAV & Total Return History
LWHIX - Holdings
Concentration Analysis
LWHIX | Category Low | Category High | LWHIX % Rank | |
---|---|---|---|---|
Net Assets | 460 M | 3.13 M | 23.6 B | 55.88% |
Number of Holdings | 394 | 2 | 3879 | 41.59% |
Net Assets in Top 10 | 40.7 M | -492 M | 5.25 B | 69.74% |
Weighting of Top 10 | 8.79% | 4.4% | 144.6% | 87.06% |
Top 10 Holdings
- Teva Pharmaceutical Finance Netherlands III BV 1.01%
- Carnival Corp 0.99%
- Viking Cruises Ltd 0.97%
- PM General Purchaser LLC 0.91%
- NCL Corp Ltd 0.88%
- CoreCivic Inc 0.85%
- Carnival Holdings Bermuda Ltd 0.82%
- LifePoint Health Inc 0.82%
- Berry Petroleum Co LLC 0.78%
- First Quantum Minerals Ltd 0.76%
Asset Allocation
Weighting | Return Low | Return High | LWHIX % Rank | |
---|---|---|---|---|
Bonds | 99.05% | 0.00% | 145.36% | 8.05% |
Convertible Bonds | 2.07% | 0.00% | 17.89% | 22.33% |
Cash | 0.60% | -52.00% | 91.75% | 89.64% |
Other | 0.25% | -39.08% | 99.96% | 27.67% |
Stocks | 0.10% | 0.00% | 99.64% | 62.64% |
Preferred Stocks | 0.00% | 0.00% | 7.50% | 76.21% |
Stock Sector Breakdown
Weighting | Return Low | Return High | LWHIX % Rank | |
---|---|---|---|---|
Financial Services | 83.96% | 0.00% | 100.00% | 6.12% |
Consumer Cyclical | 15.35% | 0.00% | 100.00% | 17.20% |
Energy | 0.69% | 0.00% | 100.00% | 68.51% |
Utilities | 0.00% | 0.00% | 100.00% | 67.93% |
Technology | 0.00% | 0.00% | 33.17% | 70.55% |
Real Estate | 0.00% | 0.00% | 86.71% | 65.60% |
Industrials | 0.00% | 0.00% | 93.12% | 69.10% |
Healthcare | 0.00% | 0.00% | 22.17% | 63.85% |
Communication Services | 0.00% | 0.00% | 99.99% | 80.76% |
Consumer Defense | 0.00% | 0.00% | 100.00% | 65.60% |
Basic Materials | 0.00% | 0.00% | 100.00% | 68.22% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | LWHIX % Rank | |
---|---|---|---|---|
US | 0.07% | 0.00% | 99.64% | 63.11% |
Non US | 0.03% | -0.01% | 0.83% | 9.87% |
Bond Sector Breakdown
Weighting | Return Low | Return High | LWHIX % Rank | |
---|---|---|---|---|
Corporate | 87.35% | 0.00% | 100.00% | 85.41% |
Securitized | 7.02% | 0.00% | 97.24% | 5.67% |
Cash & Equivalents | 0.53% | 0.00% | 91.75% | 79.77% |
Government | 0.24% | 0.00% | 99.07% | 24.47% |
Derivative | 0.09% | -14.19% | 42.26% | 20.06% |
Municipal | 0.00% | 0.00% | 1.17% | 61.10% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | LWHIX % Rank | |
---|---|---|---|---|
US | 98.96% | 0.00% | 126.57% | 6.63% |
Non US | 0.09% | 0.00% | 96.20% | 42.23% |
LWHIX - Expenses
Operational Fees
LWHIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.71% | 0.02% | 38.33% | 15.19% |
Management Fee | 0.55% | 0.00% | 1.75% | 49.35% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 91.53% |
Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
LWHIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | 1.00% | 1.00% | 5.00% | 63.75% |
Trading Fees
LWHIX 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.
LWHIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 88.00% | 1.00% | 255.00% | 81.27% |
LWHIX - Distributions
Dividend Yield Analysis
LWHIX | Category Low | Category High | LWHIX % Rank | |
---|---|---|---|---|
Dividend Yield | 7.18% | 0.00% | 11.76% | 26.21% |
Dividend Distribution Analysis
LWHIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | Monthly | Monthly |
Net Income Ratio Analysis
LWHIX | Category Low | Category High | LWHIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.74% | -2.39% | 9.30% | 79.24% |
Capital Gain Distribution Analysis
LWHIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Aug 30, 2024 | $0.029 | OrdinaryDividend |
Jul 31, 2024 | $0.027 | OrdinaryDividend |
Apr 30, 2024 | $0.026 | OrdinaryDividend |
Mar 28, 2024 | $0.027 | OrdinaryDividend |
Feb 29, 2024 | $0.025 | OrdinaryDividend |
Jan 31, 2024 | $0.027 | OrdinaryDividend |
Dec 29, 2023 | $0.027 | OrdinaryDividend |
Nov 30, 2023 | $0.026 | OrdinaryDividend |
Oct 31, 2023 | $0.025 | OrdinaryDividend |
Sep 29, 2023 | $0.027 | OrdinaryDividend |
Aug 31, 2023 | $0.028 | OrdinaryDividend |
Jul 31, 2023 | $0.026 | OrdinaryDividend |
Jun 30, 2023 | $0.028 | OrdinaryDividend |
May 31, 2023 | $0.027 | OrdinaryDividend |
Apr 28, 2023 | $0.024 | OrdinaryDividend |
Mar 31, 2023 | $0.029 | OrdinaryDividend |
Feb 28, 2023 | $0.023 | OrdinaryDividend |
Jan 31, 2023 | $0.025 | OrdinaryDividend |
Dec 30, 2022 | $0.027 | OrdinaryDividend |
Nov 30, 2022 | $0.024 | OrdinaryDividend |
Oct 31, 2022 | $0.021 | OrdinaryDividend |
Sep 30, 2022 | $0.024 | OrdinaryDividend |
Aug 31, 2022 | $0.021 | OrdinaryDividend |
Jul 29, 2022 | $0.021 | OrdinaryDividend |
Jun 30, 2022 | $0.019 | OrdinaryDividend |
May 31, 2022 | $0.017 | OrdinaryDividend |
Apr 29, 2022 | $0.019 | OrdinaryDividend |
Mar 31, 2022 | $0.017 | OrdinaryDividend |
Feb 28, 2022 | $0.016 | OrdinaryDividend |
Jan 31, 2022 | $0.017 | OrdinaryDividend |
Dec 31, 2021 | $0.019 | OrdinaryDividend |
Nov 30, 2021 | $0.017 | OrdinaryDividend |
Oct 29, 2021 | $0.017 | OrdinaryDividend |
Sep 30, 2021 | $0.017 | OrdinaryDividend |
Aug 31, 2021 | $0.017 | OrdinaryDividend |
Jul 30, 2021 | $0.017 | OrdinaryDividend |
Jun 30, 2021 | $0.015 | OrdinaryDividend |
May 28, 2021 | $0.016 | OrdinaryDividend |
Apr 30, 2021 | $0.018 | OrdinaryDividend |
Mar 31, 2021 | $0.019 | OrdinaryDividend |
Feb 26, 2021 | $0.017 | OrdinaryDividend |
Jan 29, 2021 | $0.016 | OrdinaryDividend |
Dec 31, 2020 | $0.020 | OrdinaryDividend |
Nov 30, 2020 | $0.016 | OrdinaryDividend |
Oct 30, 2020 | $0.018 | OrdinaryDividend |
Sep 30, 2020 | $0.018 | OrdinaryDividend |
Aug 31, 2020 | $0.017 | OrdinaryDividend |
Jul 31, 2020 | $0.022 | OrdinaryDividend |
Jun 30, 2020 | $0.018 | OrdinaryDividend |
May 29, 2020 | $0.019 | OrdinaryDividend |
Apr 30, 2020 | $0.020 | OrdinaryDividend |
Mar 31, 2020 | $0.020 | OrdinaryDividend |
Feb 28, 2020 | $0.018 | OrdinaryDividend |
Jan 31, 2020 | $0.020 | OrdinaryDividend |
Dec 31, 2019 | $0.020 | OrdinaryDividend |
Nov 29, 2019 | $0.021 | OrdinaryDividend |
Oct 31, 2019 | $0.021 | OrdinaryDividend |
Sep 30, 2019 | $0.019 | OrdinaryDividend |
Aug 30, 2019 | $0.022 | OrdinaryDividend |
Jul 31, 2019 | $0.021 | OrdinaryDividend |
LWHIX - Fund Manager Analysis
Managers
Michael Buchanan
Start Date
Tenure
Tenure Rank
Feb 10, 2006
16.31
16.3%
– Western Asset Management Company, LLC – Deputy Chief Investment Officer, 2005– – Credit Suisse Asset Management – Managing Director, Head of U.S. Credit Products, 2003–2005 – Janus Capital Management – Executive Vice President, Portfolio Manager, 2003 – BlackRock Financial Management – Managing Director, Portfolio Manager, 1998–2003 – Conseco Capital Management – Vice President, Portfolio Manager, 1990–1998 – Brown University, B.A. – Chartered Financial Analyst
Walter Kilcullen
Start Date
Tenure
Tenure Rank
Sep 01, 2012
9.75
9.8%
-Western Asset Management Company, LLC - Head of US High Yield, 2002-Present -Seix Investment Advisors - Head High Yield Trader, 1998-2002 -University of Massachusetts, Amherst, B.A. Economics
S. Leech
Start Date
Tenure
Tenure Rank
Mar 31, 2014
8.17
8.2%
– Western Asset Management Company, LLC – Chief Investment Officer, 1990– – Greenwich Capital Markets – Portfolio Manager, 1988–1990 – The First Boston Corporation – Fixed Income Manager, 1980–1988 – National Bank of Detroit – Portfolio Manager, 1977–1980 – The Wharton School, University of Pennsylvania, M.B.A., B.S., B.A., summa cum laude, 1972–1976
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.13 | 37.79 | 7.3 | 8.17 |