Western Asset Income Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.4%
1 yr return
5.5%
3 Yr Avg Return
-0.6%
5 Yr Avg Return
1.6%
Net Assets
$1.23 B
Holdings in Top 10
5.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.54%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 71.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
WAGIX - Profile
Distributions
- YTD Total Return -0.4%
- 3 Yr Annualized Total Return -0.6%
- 5 Yr Annualized Total Return 1.6%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 4.12%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameWestern Asset Income Fund
-
Fund Family NameFRANKLIN TEMPLETON
-
Inception DateOct 23, 2014
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Buchanan
Fund Description
WAGIX - Performance
Return Ranking - Trailing
Period | WAGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.4% | -12.7% | 9.3% | 56.50% |
1 Yr | 5.5% | -9.6% | 26.8% | 47.52% |
3 Yr | -0.6%* | -17.6% | 17.9% | 53.42% |
5 Yr | 1.6%* | -13.4% | 14.7% | 57.17% |
10 Yr | N/A* | -13.6% | 6.5% | 37.09% |
* Annualized
Return Ranking - Calendar
Period | WAGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.0% | -12.0% | 15.7% | 64.30% |
2022 | -17.3% | -31.8% | 18.4% | 85.26% |
2021 | -1.6% | -26.6% | 25.7% | 51.39% |
2020 | -1.1% | -49.2% | 18.7% | 73.00% |
2019 | 6.1% | -35.1% | 15.3% | 32.82% |
Total Return Ranking - Trailing
Period | WAGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.4% | -12.7% | 9.3% | 56.50% |
1 Yr | 5.5% | -9.6% | 26.8% | 47.52% |
3 Yr | -0.6%* | -17.6% | 17.9% | 53.42% |
5 Yr | 1.6%* | -13.4% | 14.7% | 57.17% |
10 Yr | N/A* | -13.6% | 6.5% | 33.52% |
* Annualized
Total Return Ranking - Calendar
Period | WAGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.8% | -7.0% | 22.2% | 12.98% |
2022 | -11.9% | -31.8% | 21.1% | 75.12% |
2021 | 3.2% | -13.5% | 49.9% | 26.51% |
2020 | 4.6% | -28.6% | 24.1% | 58.97% |
2019 | 12.8% | -4.8% | 19.1% | 10.31% |
NAV & Total Return History
WAGIX - Holdings
Concentration Analysis
WAGIX | Category Low | Category High | WAGIX % Rank | |
---|---|---|---|---|
Net Assets | 1.23 B | 2.53 M | 143 B | 39.19% |
Number of Holdings | 778 | 4 | 9868 | 32.27% |
Net Assets in Top 10 | 62.9 M | -1.57 B | 65.8 B | 69.41% |
Weighting of Top 10 | 5.15% | 0.7% | 170.6% | 99.69% |
Top 10 Holdings
- Mexican Bonos 0.69%
- Ford Motor Co 0.54%
- PM General Purchaser LLC 0.52%
- Occidental Petroleum Corp 0.52%
- Berry Petroleum Co LLC 0.51%
- SilverBow Resources Inc 0.48%
- Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc 0.48%
- Inter-American Development Bank 0.47%
- MPLX LP 0.47%
- CSC Holdings LLC 0.46%
Asset Allocation
Weighting | Return Low | Return High | WAGIX % Rank | |
---|---|---|---|---|
Bonds | 95.74% | -150.81% | 203.29% | 25.11% |
Other | 3.22% | -62.91% | 100.00% | 45.05% |
Convertible Bonds | 2.70% | 0.00% | 33.50% | 32.81% |
Preferred Stocks | 0.50% | 0.00% | 30.46% | 21.16% |
Cash | 0.50% | -94.66% | 258.91% | 84.78% |
Stocks | 0.04% | -1.60% | 99.88% | 63.77% |
Stock Sector Breakdown
Weighting | Return Low | Return High | WAGIX % Rank | |
---|---|---|---|---|
Financial Services | 77.45% | 0.00% | 100.00% | 9.55% |
Energy | 22.55% | 0.00% | 100.00% | 38.20% |
Utilities | 0.00% | 0.00% | 100.00% | 97.75% |
Technology | 0.00% | 0.00% | 28.30% | 97.47% |
Real Estate | 0.00% | 0.00% | 100.00% | 97.47% |
Industrials | 0.00% | 0.00% | 100.00% | 98.88% |
Healthcare | 0.00% | 0.00% | 18.60% | 97.75% |
Communication Services | 0.00% | 0.00% | 100.00% | 97.75% |
Consumer Defense | 0.00% | 0.00% | 99.97% | 97.75% |
Consumer Cyclical | 0.00% | 0.00% | 89.95% | 98.31% |
Basic Materials | 0.00% | 0.00% | 100.00% | 98.03% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | WAGIX % Rank | |
---|---|---|---|---|
US | 0.03% | -1.47% | 99.88% | 64.54% |
Non US | 0.02% | -0.13% | 17.73% | 14.61% |
Bond Sector Breakdown
Weighting | Return Low | Return High | WAGIX % Rank | |
---|---|---|---|---|
Corporate | 45.72% | 0.00% | 96.66% | 39.25% |
Securitized | 15.28% | 0.00% | 99.65% | 55.57% |
Government | 3.99% | 0.00% | 99.43% | 72.53% |
Derivative | 1.44% | -62.91% | 37.37% | 10.08% |
Cash & Equivalents | 0.07% | 0.00% | 88.14% | 89.31% |
Municipal | 0.00% | 0.00% | 54.26% | 97.96% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | WAGIX % Rank | |
---|---|---|---|---|
US | 91.59% | -151.11% | 203.29% | 26.48% |
Non US | 4.15% | 0.00% | 67.77% | 42.92% |
WAGIX - Expenses
Operational Fees
WAGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.54% | 0.01% | 20.67% | 94.39% |
Management Fee | 0.50% | 0.00% | 2.29% | 27.19% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.70% | N/A |
Sales Fees
WAGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
WAGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 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.
WAGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 71.00% | 0.00% | 632.00% | 44.12% |
WAGIX - Distributions
Dividend Yield Analysis
WAGIX | Category Low | Category High | WAGIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 23.30% | 7.24% |
Dividend Distribution Analysis
WAGIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | SemiAnnual | Monthly | Monthly |
Net Income Ratio Analysis
WAGIX | Category Low | Category High | WAGIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.12% | -1.55% | 11.51% | 16.85% |
Capital Gain Distribution Analysis
WAGIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Quarterly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 28, 2024 | $0.034 | OrdinaryDividend |
Feb 29, 2024 | $0.031 | OrdinaryDividend |
Jan 31, 2024 | $0.034 | DailyAccrualFund |
Dec 29, 2023 | $0.035 | DailyAccrualFund |
Nov 30, 2023 | $0.032 | DailyAccrualFund |
Oct 31, 2023 | $0.032 | DailyAccrualFund |
Sep 29, 2023 | $0.033 | DailyAccrualFund |
Aug 31, 2023 | $0.032 | DailyAccrualFund |
Jul 31, 2023 | $0.029 | DailyAccrualFund |
Jun 30, 2023 | $0.033 | DailyAccrualFund |
May 31, 2023 | $0.031 | DailyAccrualFund |
Apr 28, 2023 | $0.028 | DailyAccrualFund |
Jan 31, 2023 | $0.028 | DailyAccrualFund |
Dec 30, 2022 | $0.034 | DailyAccrualFund |
Nov 30, 2022 | $0.029 | DailyAccrualFund |
Oct 31, 2022 | $0.027 | DailyAccrualFund |
Sep 30, 2022 | $0.030 | DailyAccrualFund |
Aug 31, 2022 | $0.028 | DailyAccrualFund |
Jul 29, 2022 | $0.026 | DailyAccrualFund |
Jun 30, 2022 | $0.025 | DailyAccrualFund |
May 31, 2022 | $0.023 | DailyAccrualFund |
Apr 29, 2022 | $0.023 | DailyAccrualFund |
Mar 31, 2022 | $0.025 | DailyAccrualFund |
Feb 28, 2022 | $0.021 | DailyAccrualFund |
Jan 31, 2022 | $0.021 | DailyAccrualFund |
Dec 31, 2021 | $0.025 | DailyAccrualFund |
Nov 30, 2021 | $0.022 | DailyAccrualFund |
Oct 29, 2021 | $0.024 | DailyAccrualFund |
Sep 30, 2021 | $0.022 | DailyAccrualFund |
Aug 31, 2021 | $0.022 | DailyAccrualFund |
Jul 30, 2021 | $0.024 | DailyAccrualFund |
Jun 30, 2021 | $0.022 | DailyAccrualFund |
May 28, 2021 | $0.021 | DailyAccrualFund |
Apr 30, 2021 | $0.023 | DailyAccrualFund |
Mar 31, 2021 | $0.020 | DailyAccrualFund |
Feb 26, 2021 | $0.021 | DailyAccrualFund |
Jan 29, 2021 | $0.021 | DailyAccrualFund |
Dec 31, 2020 | $0.026 | DailyAccrualFund |
Nov 30, 2020 | $0.023 | DailyAccrualFund |
Oct 30, 2020 | $0.026 | DailyAccrualFund |
Sep 30, 2020 | $0.023 | DailyAccrualFund |
Aug 31, 2020 | $0.022 | DailyAccrualFund |
Jul 31, 2020 | $0.007 | DailyAccrualFund |
Jun 30, 2020 | $0.007 | DailyAccrualFund |
May 29, 2020 | $0.008 | DailyAccrualFund |
Apr 30, 2020 | $0.009 | DailyAccrualFund |
Mar 31, 2020 | $0.009 | DailyAccrualFund |
Feb 28, 2020 | $0.008 | DailyAccrualFund |
Jan 31, 2020 | $0.010 | DailyAccrualFund |
Dec 31, 2019 | $0.031 | DailyAccrualFund |
Nov 29, 2019 | $0.032 | DailyAccrualFund |
Oct 31, 2019 | $0.033 | DailyAccrualFund |
Sep 30, 2019 | $0.028 | DailyAccrualFund |
Aug 30, 2019 | $0.031 | DailyAccrualFund |
Jul 31, 2019 | $0.024 | DailyAccrualFund |
May 31, 2019 | $0.034 | DailyAccrualFund |
Apr 30, 2019 | $0.030 | DailyAccrualFund |
Mar 29, 2019 | $0.031 | DailyAccrualFund |
Feb 28, 2019 | $0.030 | DailyAccrualFund |
Jan 31, 2019 | $0.033 | DailyAccrualFund |
Dec 31, 2018 | $0.031 | DailyAccrualFund |
Nov 30, 2018 | $0.033 | DailyAccrualFund |
Oct 31, 2018 | $0.032 | DailyAccrualFund |
Aug 31, 2018 | $0.033 | DailyAccrualFund |
Jul 31, 2018 | $0.027 | DailyAccrualFund |
Jun 29, 2018 | $0.030 | DailyAccrualFund |
May 31, 2018 | $0.031 | DailyAccrualFund |
Apr 30, 2018 | $0.030 | DailyAccrualFund |
Mar 29, 2018 | $0.031 | DailyAccrualFund |
Feb 28, 2018 | $0.028 | DailyAccrualFund |
Jan 31, 2018 | $0.029 | DailyAccrualFund |
Dec 29, 2017 | $0.031 | DailyAccrualFund |
Nov 30, 2017 | $0.029 | DailyAccrualFund |
Oct 31, 2017 | $0.029 | DailyAccrualFund |
Sep 29, 2017 | $0.031 | DailyAccrualFund |
Aug 31, 2017 | $0.029 | DailyAccrualFund |
Jul 31, 2017 | $0.025 | DailyAccrualFund |
Jun 30, 2017 | $0.028 | DailyAccrualFund |
May 31, 2017 | $0.026 | DailyAccrualFund |
Apr 28, 2017 | $0.024 | DailyAccrualFund |
Mar 31, 2017 | $0.029 | DailyAccrualFund |
Feb 28, 2017 | $0.025 | DailyAccrualFund |
Jan 31, 2017 | $0.025 | DailyAccrualFund |
Dec 30, 2016 | $0.028 | DailyAccrualFund |
Nov 30, 2016 | $0.028 | DailyAccrualFund |
Oct 31, 2016 | $0.027 | DailyAccrualFund |
Sep 30, 2016 | $0.030 | DailyAccrualFund |
Aug 31, 2016 | $0.030 | DailyAccrualFund |
Jul 29, 2016 | $0.027 | DailyAccrualFund |
Jun 30, 2016 | $0.026 | DailyAccrualFund |
May 31, 2016 | $0.029 | DailyAccrualFund |
Apr 29, 2016 | $0.030 | DailyAccrualFund |
Mar 31, 2016 | $0.028 | DailyAccrualFund |
Feb 29, 2016 | $0.023 | DailyAccrualFund |
Jan 29, 2016 | $0.025 | DailyAccrualFund |
Dec 31, 2015 | $0.028 | DailyAccrualFund |
Dec 29, 2015 | $0.226 | ExtraDividend |
Nov 30, 2015 | $0.027 | DailyAccrualFund |
Oct 30, 2015 | $0.029 | DailyAccrualFund |
Sep 30, 2015 | $0.027 | DailyAccrualFund |
Aug 31, 2015 | $0.027 | DailyAccrualFund |
Jul 31, 2015 | $0.031 | DailyAccrualFund |
Jun 30, 2015 | $0.029 | DailyAccrualFund |
May 29, 2015 | $0.029 | DailyAccrualFund |
Apr 30, 2015 | $0.029 | DailyAccrualFund |
Mar 31, 2015 | $0.028 | DailyAccrualFund |
Feb 27, 2015 | $0.026 | DailyAccrualFund |
Jan 30, 2015 | $0.031 | DailyAccrualFund |
Dec 31, 2014 | $0.031 | DailyAccrualFund |
Nov 28, 2014 | $0.028 | DailyAccrualFund |
Oct 31, 2014 | $0.010 | DailyAccrualFund |
WAGIX - Fund Manager Analysis
Managers
Michael Buchanan
Start Date
Tenure
Tenure Rank
Apr 16, 2007
15.13
15.1%
– 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
S. Leech
Start Date
Tenure
Tenure Rank
Sep 01, 2012
9.75
9.8%
– 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
Annabel Rudebeck
Start Date
Tenure
Tenure Rank
May 01, 2017
5.08
5.1%
– Western Asset Management Company Limited – Head of Non-US Credit, 2016- – Rogge Global Partners – Senior Partner, Head of Global Investment Grade Credit, 2004-2016 – JP Morgan Securities – Associate, Credit Research, 1999-2003 – University of Cambridge, B.A. (Hons), M.A., Economics
Mark Lindbloom
Start Date
Tenure
Tenure Rank
May 01, 2018
4.08
4.1%
– Western Asset Management Company, LLC – Portfolio Manager, 2005- – Citigroup Asset Management – Portfolio Manager, 1986-2005 – Brown Brothers Harriman & Co. – Portfolio Manager, 1981-1986 – New York Life Ins. – Analyst, 1978-1980 – Pace University, M.B.A. – Rider University, B.S.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 28.19 | 5.72 | 3.19 |