Name
As of 10/11/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.6%
1 yr return
8.6%
3 Yr Avg Return
-1.4%
5 Yr Avg Return
0.3%
Net Assets
$710 M
Holdings in Top 10
22.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.75%
SALES FEES
Front Load 4.25%
Deferred Load N/A
TRADING FEES
Turnover 60.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/11/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
WATAX - Profile
Distributions
- YTD Total Return 3.6%
- 3 Yr Annualized Total Return -1.4%
- 5 Yr Annualized Total Return 0.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.58%
- Dividend Yield 3.3%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameWestern Asset Intermediate Bond Fund
-
Fund Family NameFRANKLIN TEMPLETON
-
Inception DateApr 30, 2012
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJulien Scholnick
Fund Description
WATAX - Performance
Return Ranking - Trailing
Period | WATAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.6% | -2.7% | 11.7% | 46.12% |
1 Yr | 8.6% | -3.4% | 23.7% | 96.73% |
3 Yr | -1.4%* | -9.9% | 28.6% | 25.77% |
5 Yr | 0.3%* | -7.2% | 59.0% | 49.54% |
10 Yr | 1.5%* | -2.6% | 73.9% | 54.45% |
* Annualized
Return Ranking - Calendar
Period | WATAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.2% | -16.2% | 8.1% | 43.49% |
2022 | -13.5% | -34.7% | 131.9% | 7.87% |
2021 | -3.9% | -11.6% | 4.4% | 77.08% |
2020 | 2.3% | -10.1% | 946.1% | 80.84% |
2019 | 4.6% | -1.7% | 16.9% | 75.41% |
Total Return Ranking - Trailing
Period | WATAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.6% | -2.7% | 11.7% | 46.12% |
1 Yr | 8.6% | -3.4% | 23.7% | 96.73% |
3 Yr | -1.4%* | -9.9% | 28.6% | 25.77% |
5 Yr | 0.3%* | -7.2% | 59.0% | 49.54% |
10 Yr | 1.5%* | -2.6% | 73.9% | 54.45% |
* Annualized
Total Return Ranking - Calendar
Period | WATAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.8% | -11.3% | 11.9% | 57.33% |
2022 | -11.5% | -32.2% | 131.9% | 8.60% |
2021 | -2.0% | -9.4% | 9.2% | 86.29% |
2020 | 7.3% | -1.9% | 1009.0% | 75.51% |
2019 | 7.7% | 1.1% | 21668.0% | 78.25% |
NAV & Total Return History
WATAX - Holdings
Concentration Analysis
WATAX | Category Low | Category High | WATAX % Rank | |
---|---|---|---|---|
Net Assets | 710 M | 2.9 M | 314 B | 60.92% |
Number of Holdings | 1021 | 1 | 17787 | 40.18% |
Net Assets in Top 10 | 154 M | 1.62 M | 36.1 B | 65.34% |
Weighting of Top 10 | 22.48% | 4.4% | 432.9% | 52.36% |
Top 10 Holdings
- United States Treasury Note/Bond 8.63%
- Western Asset Premier Institutional Government Reserves 2.80%
- United States Treasury Note/Bond 2.36%
- United States Treasury Note/Bond 1.52%
- United States Treasury Note/Bond 1.39%
- Fannie Mae or Freddie Mac 1.24%
- United States Treasury Note/Bond - When Issued 1.24%
- United States Treasury Note/Bond 1.20%
- Fannie Mae or Freddie Mac 1.07%
- United States Treasury Note/Bond 1.04%
Asset Allocation
Weighting | Return Low | Return High | WATAX % Rank | |
---|---|---|---|---|
Bonds | 97.29% | 0.00% | 993.61% | 39.29% |
Other | 3.27% | -16.55% | 52.94% | 57.67% |
Cash | 2.80% | -54.51% | 237.69% | 49.28% |
Convertible Bonds | 2.28% | 0.00% | 7.93% | 21.73% |
Stocks | 0.00% | 0.00% | 99.99% | 94.59% |
Preferred Stocks | 0.00% | 0.00% | 71.02% | 93.35% |
Bond Sector Breakdown
Weighting | Return Low | Return High | WATAX % Rank | |
---|---|---|---|---|
Government | 39.72% | 0.00% | 86.23% | 18.85% |
Corporate | 37.35% | 0.00% | 100.00% | 29.56% |
Securitized | 20.21% | 0.00% | 98.40% | 81.57% |
Cash & Equivalents | 2.80% | -0.46% | 237.69% | 48.88% |
Derivative | 0.91% | -1.41% | 44.82% | 7.87% |
Municipal | 0.03% | 0.00% | 100.00% | 71.37% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | WATAX % Rank | |
---|---|---|---|---|
US | 97.29% | 0.00% | 993.61% | 35.69% |
Non US | 0.00% | 0.00% | 35.41% | 95.19% |
WATAX - Expenses
Operational Fees
WATAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.75% | 0.01% | 39.64% | 44.71% |
Management Fee | 0.40% | 0.00% | 1.76% | 70.25% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 62.10% |
Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
WATAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.25% | 2.00% | 5.75% | 31.85% |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
WATAX 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.
WATAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 60.00% | 2.00% | 493.39% | 24.82% |
WATAX - Distributions
Dividend Yield Analysis
WATAX | Category Low | Category High | WATAX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.33% | 0.00% | 10.11% | 73.37% |
Dividend Distribution Analysis
WATAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | SemiAnnual | Monthly | SemiAnnual |
Net Income Ratio Analysis
WATAX | Category Low | Category High | WATAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.58% | -1.28% | 4.79% | 57.44% |
Capital Gain Distribution Analysis
WATAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 30, 2024 | $0.027 | OrdinaryDividend |
Aug 30, 2024 | $0.030 | OrdinaryDividend |
Jul 31, 2024 | $0.028 | OrdinaryDividend |
Apr 30, 2024 | $0.027 | OrdinaryDividend |
Mar 28, 2024 | $0.028 | OrdinaryDividend |
Feb 29, 2024 | $0.026 | OrdinaryDividend |
Jan 31, 2024 | $0.026 | OrdinaryDividend |
Dec 29, 2023 | $0.028 | OrdinaryDividend |
Nov 30, 2023 | $0.028 | OrdinaryDividend |
Oct 31, 2023 | $0.027 | OrdinaryDividend |
Sep 29, 2023 | $0.027 | OrdinaryDividend |
Aug 31, 2023 | $0.026 | OrdinaryDividend |
Jul 31, 2023 | $0.024 | OrdinaryDividend |
Jun 30, 2023 | $0.027 | OrdinaryDividend |
May 31, 2023 | $0.025 | OrdinaryDividend |
Apr 28, 2023 | $0.023 | OrdinaryDividend |
Mar 31, 2023 | $0.027 | OrdinaryDividend |
Feb 28, 2023 | $0.022 | OrdinaryDividend |
Jan 31, 2023 | $0.022 | OrdinaryDividend |
Dec 30, 2022 | $0.024 | OrdinaryDividend |
Nov 30, 2022 | $0.022 | OrdinaryDividend |
Oct 31, 2022 | $0.020 | OrdinaryDividend |
Sep 30, 2022 | $0.021 | OrdinaryDividend |
Aug 31, 2022 | $0.020 | OrdinaryDividend |
Jul 29, 2022 | $0.018 | OrdinaryDividend |
Jun 30, 2022 | $0.017 | OrdinaryDividend |
May 31, 2022 | $0.018 | OrdinaryDividend |
Apr 29, 2022 | $0.015 | OrdinaryDividend |
Mar 31, 2022 | $0.015 | OrdinaryDividend |
Feb 28, 2022 | $0.013 | OrdinaryDividend |
Jan 31, 2022 | $0.013 | OrdinaryDividend |
Dec 31, 2021 | $0.014 | OrdinaryDividend |
Dec 06, 2021 | $0.025 | CapitalGainShortTerm |
Dec 06, 2021 | $0.015 | CapitalGainLongTerm |
Nov 30, 2021 | $0.014 | OrdinaryDividend |
Oct 29, 2021 | $0.014 | OrdinaryDividend |
Sep 30, 2021 | $0.013 | OrdinaryDividend |
Aug 31, 2021 | $0.013 | OrdinaryDividend |
Jul 30, 2021 | $0.014 | OrdinaryDividend |
Jun 30, 2021 | $0.014 | OrdinaryDividend |
May 28, 2021 | $0.015 | OrdinaryDividend |
Apr 30, 2021 | $0.015 | OrdinaryDividend |
Mar 31, 2021 | $0.016 | OrdinaryDividend |
Feb 26, 2021 | $0.013 | OrdinaryDividend |
Jan 29, 2021 | $0.014 | OrdinaryDividend |
Dec 31, 2020 | $0.018 | OrdinaryDividend |
Dec 07, 2020 | $0.128 | CapitalGainShortTerm |
Dec 07, 2020 | $0.186 | CapitalGainLongTerm |
Nov 30, 2020 | $0.015 | OrdinaryDividend |
Oct 30, 2020 | $0.016 | OrdinaryDividend |
Sep 30, 2020 | $0.016 | OrdinaryDividend |
Aug 31, 2020 | $0.016 | OrdinaryDividend |
Jul 31, 2020 | $0.017 | OrdinaryDividend |
Jun 30, 2020 | $0.014 | OrdinaryDividend |
May 29, 2020 | $0.017 | OrdinaryDividend |
Apr 30, 2020 | $0.018 | OrdinaryDividend |
Mar 31, 2020 | $0.019 | OrdinaryDividend |
Feb 28, 2020 | $0.017 | OrdinaryDividend |
Jan 31, 2020 | $0.022 | OrdinaryDividend |
Dec 31, 2019 | $0.020 | OrdinaryDividend |
Dec 06, 2019 | $0.056 | CapitalGainShortTerm |
Nov 29, 2019 | $0.020 | OrdinaryDividend |
Oct 31, 2019 | $0.020 | OrdinaryDividend |
Sep 30, 2019 | $0.020 | OrdinaryDividend |
Aug 30, 2019 | $0.023 | OrdinaryDividend |
Jul 31, 2019 | $0.024 | OrdinaryDividend |
Dec 08, 2016 | $0.102 | CapitalGainShortTerm |
Dec 08, 2016 | $0.119 | CapitalGainLongTerm |
Dec 10, 2015 | $0.044 | CapitalGainShortTerm |
Dec 10, 2015 | $0.044 | CapitalGainLongTerm |
Jun 19, 2012 | $0.005 | CapitalGainShortTerm |
WATAX - Fund Manager Analysis
Managers
Julien Scholnick
Start Date
Tenure
Tenure Rank
Jul 06, 2009
12.91
12.9%
– Western Asset Management Company, LLC – Portfolio Manager, 2003- – Salomon Smith Barney – Associate, Private Client Group, 2000-2001 – Digital Coast Partners – Senior Analyst, 1999-2000 – Arthur Andersen, LLP – Senior Analyst, 1997-1999 – Cornell University, M.B.A. – University of California, Los Angeles, B.A., magna cum laude – Chartered Financial Analyst
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
John Bellows
Start Date
Tenure
Tenure Rank
Sep 28, 2018
3.67
3.7%
– Western Asset Management Company, LLC – Portfolio Manager, 2012- – U.S. Department of the Treasury – Acting Assistant Secretary for Economic Policy; Deputy Assistant Secretary for Microeconomic Analysis; Senior Advisor in the Office of Economic Policy, 2009-2011 – University of California, Berkeley, PhD Economics – Dartmouth College, B.A. Economics, magna cum laude – Chartered Financial Analyst
Mark Lindbloom
Start Date
Tenure
Tenure Rank
Sep 28, 2018
3.67
3.7%
– 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.
Frederick Marki
Start Date
Tenure
Tenure Rank
Sep 28, 2018
3.67
3.7%
Frederick R. Marki is a Portfolio manager of Western since 2005. He began his investment career in 1983 and has a BS from the Massachusetts Institute of Technology. Marki joined Western Asset in 2006. Prior to this, Marki was a director of Citigroup Asset Management and investment officer of the manager. and its predecessor companies.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 33.43 | 6.78 | 1.16 |