Fact sheet: LM WtrnAstUSHgYld

Fund information
Fund name
Legg Mason Western Asset US High Yield E Acc USD
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund manager
  • Western Asset Management Cosince 27/02/2004
Fund objective
The Fund seeks to provide a high level of income by investing at least 70% of its Net Asset Value in high-yielding bonds of U.S. issuers the face value of which are in U.S. dollars. At least 95% of the Fund’s Net Asset Value will be in U.S. Dollars assets.
Benchmark
  • Barclays Capital U.S. Corporate High Yield - 2% Issuer Capped Index
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
11%
1 Year rank in sector
16/43
Sector
FO Fixed Int - USD High Yield
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
2.03%
Fund size
£374m (£485m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
83
Top in this sector
Fund name1 Year
Candriam GFUS HiYld Corp Bd33.6%
Allianz US HiYd31.8%
Old Mutual MtyInc HiYdBd27.3%
Nomura US Hg Yld Bd15.1%
SKY Hrb Gl Fd US Hi Yield12.8%
...more in FO Fixed Int - USD High Yield

Performance snapshot

Holdings snapshot

  • USA81%
    Money Market3.9%
    UK3.5%
    Canada2.2%
    France1.7%
  • Cash & Cash Equivalents18.9%
    Cyclical Consumer Goods16.3%
    Energy12.8%
    Communications11.8%
    Investment Grade Corporate Bonds11.7%
  • US Fixed Interest81.1%
    Money Market18.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%1.3%5.8%11%2.9%26.8%
Sector0.9%1.4%5.5%10.1%9.4%33.3%
Rank within sector23 / 4515 / 4312 / 4316 / 4331 / 3416 / 23
Quartile3rd2nd2nd2nd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund13.6%-8.8%-1%6.3%15.6%
Sector11.6%-3.1%0.7%6.2%14.1%
Rank within sector11 / 4338 / 3928 / 3413 / 336 / 24
Quartile2nd4th4th2nd1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-2.76
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.28
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
6.7
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
2.38
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.86
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.92
Price movement
52 week high142.2
52 week low116.01
Current bid price-
Current offer price-
Current mid price141.85
Region
1USA81.01%
2Money Market3.87%
3UK3.54%
4Canada2.19%
5France1.68%
6Luxembourg1.03%
7Netherlands1.03%
8Not Specified1.02%
9Germany0.99%
Industry sector
1Cash & Cash Equivalents18.93%
2Cyclical Consumer Goods16.26%
3Energy12.78%
4Communications11.84%
5Investment Grade Corporate Bonds11.71%
6Non-Cyclical Consumer Services10.91%
7Capital Goods6.45%
8Basic Industries4.11%
9Banks4.07%
Asset type
1US Fixed Interest81.07%
2Money Market18.93%
Individual holdings
1RELIANT ENERGY MID ATLANTIC POWER 9.681% PASS THRU CERTS 2/7/26 USD10001.28%
2NUMERICABLE SFR BDS 01/05/26 USD200000 144A1.06%
3LEGG MASON WESTERN ASSET EMERGING MARKETS CORPORATE BOND LM(M)1.05%
4SPRINT NEXTEL CORP 11.5% BDS 15/11/21 USD20001.05%
5TENNECO PACKAGING INC 8.375% BDS 15/04/27 USD10000.99%
6GMAC CAPITAL TRUST I FLTG RTE TST PRF SEC 15/2/20400.77%
7HCA HLDGS INC 5.875% BDS 15/02/26 USD20000.75%
8BARCLAYS BANK PLC 7.625% NTS 21/11/22 USD2000000.72%
9DISH DBS CORP 5.875% BDS 15/07/22 USD10000.71%
Management
Fund manager group
Legg Mason
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund objective
The Fund seeks to provide a high level of income by investing at least 70% of its Net Asset Value in high-yielding bonds of U.S. issuers the face value of which are in U.S. dollars. At least 95% of the Fund’s Net Asset Value will be in U.S. Dollars assets.
Benchmark
  • Barclays Capital U.S. Corporate High Yield - 2% Issuer Capped Index
Investment style
High Yield
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Western Asset Management Co27/02/2004Western Asset Management focuses primarily on the management of fixed income portfolios, taking a fundamental approach to money management that is continually fine-tuned and adapted to changing conditions. When making investment decisions, Western Asset focuses on areas such as sector allocation, issue selection, duration weighting and maturity.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Distributor Status, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Canada, Switzerland, Chile, China, Germany, Spain, Finland, France, United Kingdom, Greece, Hong Kong, Ireland, Italy, Luxembourg, Macau, Netherlands, Norway, Offshore, Singapore, Sweden, Taiwan - Province Of China
Legg Mason Western Asset US High Yield A (M) Hedged Plus Inc SGD
Initial charge5%
Annual charge1.15%
Min single investment£1,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.42%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.861
CurrencySGD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI94F
Legg Mason Western Asset US High Yield A (M) Plus Dis HKD
Initial charge5%
Annual charge1.15%
Min single investment£8,000
Min regular saving£4,000
Available in ISANo
Ongoing charge (OCF)1.42%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price90.57
CurrencyHKD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKZXH
Legg Mason Western Asset US High Yield A (M) Plus Dis USD
Initial charge5%
Annual charge1.15%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.42%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price87.76
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI17O
Legg Mason Western Asset US High Yield A Acc USD
Initial charge5%
Annual charge1.15%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.44%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price152.43
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCTZ0
Legg Mason Western Asset US High Yield A(D) Dis USD
Initial charge5%
Annual charge1.15%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)1.46%
Bid price-
Offer price-
Mid price77.98
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeUQ40
Legg Mason Western Asset US High Yield A(G) Acc USD
Initial charge5%
Annual charge1.15%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)1.31%
Bid price-
Offer price-
Mid price154.88
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeX799
Legg Mason Western Asset US High Yield A(G) Dis USD
Initial charge5%
Annual charge1.15%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.28%
Total expense ratio (TER)1.31%
Bid price-
Offer price-
Mid price77.38
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeX802
Legg Mason Western Asset US High Yield A(M) Dis USD
Initial charge5%
Annual charge1.15%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)1.46%
Bid price-
Offer price-
Mid price94.13
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIQL5
Legg Mason Western Asset US High Yield A(M) Hedged Dis EUR
Initial charge5%
Annual charge1.15%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.42%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price88.42
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI8BL
Legg Mason Western Asset US High Yield B Acc USD
Initial charge-
Annual charge1.4%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.7%
Bid price-
Offer price-
Mid price152.8
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCTZ1
Legg Mason Western Asset US High Yield B(D) Dis USD
Initial charge-
Annual charge1.4%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.71%
Bid price-
Offer price-
Mid price78
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeUQ41
Legg Mason Western Asset US High Yield B(G) Acc USD
Initial charge-
Annual charge1.65%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.78%
Total expense ratio (TER)1.81%
Bid price-
Offer price-
Mid price147.58
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeX798
Legg Mason Western Asset US High Yield B(G) Dis USD
Initial charge-
Annual charge1.65%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.79%
Total expense ratio (TER)1.81%
Bid price-
Offer price-
Mid price77.35
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeX801
Legg Mason Western Asset US High Yield C Acc USD
Initial charge-
Annual charge1.65%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.93%
Total expense ratio (TER)1.95%
Bid price-
Offer price-
Mid price149.34
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCTZ2
Legg Mason Western Asset US High Yield C(D) Dis USD
Initial charge-
Annual charge1.65%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.93%
Total expense ratio (TER)1.96%
Bid price-
Offer price-
Mid price78.01
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeUQ42
Legg Mason Western Asset US High Yield E (D) Dis USD
Initial charge2.5%
Annual charge1.75%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.03%
Total expense ratio (TER)2.07%
Bid price-
Offer price-
Mid price97.49
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI7S6
Legg Mason Western Asset US High Yield E Acc USD
Initial charge2.5%
Annual charge1.75%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.03%
Total expense ratio (TER)2.06%
Bid price-
Offer price-
Mid price141.85
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI7S5
Legg Mason Western Asset US High Yield E Hedged Acc EUR
Initial charge2.5%
Annual charge1.75%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.1
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKWYP
Legg Mason Western Asset US High Yield F Acc USD
Initial charge-
Annual charge0.7%
Min single investment£5,000,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.77%
Bid price-
Offer price-
Mid price135.23
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMHK1
Legg Mason Western Asset US High Yield F(D) Dis USD
Initial charge-
Annual charge0.7%
Min single investment£5,000,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.77%
Bid price-
Offer price-
Mid price92.97
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMHK2
Legg Mason Western Asset US High Yield GF Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price136.32
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE5HR
Legg Mason Western Asset US High Yield L(G) Acc USD
Initial charge-
Annual charge1.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.77%
Total expense ratio (TER)1.81%
Bid price-
Offer price-
Mid price147.57
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeX797
Legg Mason Western Asset US High Yield L(G) Dis USD
Initial charge-
Annual charge1.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.77%
Total expense ratio (TER)1.81%
Bid price-
Offer price-
Mid price77.38
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeX800
Legg Mason Western Asset US High Yield Premier (M) Plus (E) Dis USD
Initial charge-
Annual charge0.45%
Min single investment£30,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)0.6%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price89.11
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJGEN
Legg Mason Western Asset US High Yield Premier Acc EUR
Initial charge-
Annual charge0.45%
Min single investment£30,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)0.59%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price117.6
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM2NF
Legg Mason Western Asset US High Yield Premier Acc USD
Initial charge-
Annual charge0.45%
Min single investment£30,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)0.57%
Total expense ratio (TER)0.61%
Bid price-
Offer price-
Mid price138.64
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM0I9
Legg Mason Western Asset US High Yield X(D) Inc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.5
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN5YQ
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.