Performance
Trailing returns
| 1 day | +0.09% |
| |||
| 1 week |
| -0.04% | |||
| 4 week |
| -0.22% | |||
| 3 month | +1.09% |
| |||
| YTD | +1.03% |
| |||
| 1 year | +5.82% |
| |||
| 3 years* | +6.79% |
| |||
| 5 years* | +7.98% |
| |||
| *annualized | |||||
| Best 3 month return | +12.97% | |
| Worst 3 month return | -12.20% |
Morningstar statistics
Morningstar category: Intermediate-Term Bond
| Return | Risk | Rating | |
| 3 years | Above Average | Average |
 
|
| 5 years | High | High |
|
| 10 years | Above Average | High |
|
| Overall | Above Average | High |
|
Key statistics
| Total assets | 10.61B | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 0.75% | |
| Management fee | - | |
| Fund family | Legg Mason |
Asset allocation
| Cash | 8.90% | |
| Stocks | 0.00% | |
| Bonds | 89.32% | |
| Preferred | 0.56% | |
| Other | 1.22% |
Purchase information
| Initial | US$0 |
11.63-0.01(-0.09%)
May 23, 4:00PM EDT
Overall Morningstar RatingTM
Description
The investment seeks to maximize total return, consistent with prudent investment management and liquidity needs. The fund invests in a portfolio of fixed income securities of various maturities and, under normal market conditions, will invest at least 80% of its net assets in debt and fixed income securities. It may invest in securities of any maturity, but the fund will normally maintain a dollar-weighted average effective duration within 30% of the average duration of the domestic bond market as a whole as estimated by the fund's subadvisers. The fund may invest up to 20% of its total assets in non-U.S. dollar denominated securities.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Stephen Walsh (Started: Jul 8, 1998)
Carl Eichstaedt (Started: Jul 8, 1998)
Mark Lindbloom (Started: Dec 29, 2006)
Keith Gardner (Started: Jul 8, 1998)
Michael Buchanan (Started: Dec 30, 2005)
Stephen Walsh (Started: Jul 8, 1998)
Carl Eichstaedt (Started: Jul 8, 1998)
Mark Lindbloom (Started: Dec 29, 2006)
Keith Gardner (Started: Jul 8, 1998)
Michael Buchanan (Started: Dec 30, 2005)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 3.35 | 2.80 | 1.55 | 0.85 | |
| Beta* | 0.84 | 0.73 | 1.18 | 1.13 | |
| Mean annual return | 0.53 | 0.56 | 0.68 | 0.52 | |
| R-squared* | 82.24 | 53.74 | 35.16 | 46.64 | |
| Standard deviation | 1.80 | 2.40 | 7.06 | 5.87 | |
| Sharpe ratio | 3.50 | 2.78 | 1.11 | 0.77 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Us 10yr Note (Cbt)jun13 Xcbt 20130619 | 10.50% | |
| 90day Eurodollar Futures Cme Sep13 Xcme | 5.14% | |
| 90day Eurodollar Futures Cme Sep14 Xcme | 5.13% | |
| US Treasury Note 1.375% | 4.35% | |
| US Treasury Bond 2.75% | 4.22% | |
| Us Long Bond(Cbt) Jun13 Xcbt 20130619 | 3.93% | |
| US Treasury Note 1.25% | 3.79% | |
| US Treasury Note 0.75% | 3.68% | |
| Fannie Mae Single Family TBA 3.5% 2043-04-01 | 2.88% | |
| Us 5yr Note (Cbt) Jun13 Xcbt 20130628 | 2.83% |