WABSX

About WABSX

Western Asset Intermediate Bond Fund Class IS is a mutual fund focused on providing investors with exposure to intermediate-term fixed income securities. Its primary objective is to maximize total return while maintaining prudent management of risk and liquidity needs. The fund invests at least 80% of its net assets in debt and fixed income instruments, targeting an average duration between two to five years, which helps balance interest rate risk and yield potential. It manages a diversified portfolio that includes a broad mix of U.S. Treasury bonds, agency securities, and corporate debt, spanning various sectors and issuers. The fund maintains a low-risk profile and offers a monthly dividend payout, with a consistent historical yield and a competitive expense ratio. Since its inception in 2008, Western Asset Intermediate Bond Fund Class IS has served as a core holding for investors seeking stability and income generation within their fixed income allocation, making it significant for those building diversified, risk-managed portfolios in the broader bond market.