Fact sheet: LM WAShtDurHiInBd

Fund information

Fund name
Legg Mason Western Asset Short Duration High Income Bond L(G) Acc USD
Fund company manager
Legg Mason Global Funds Plc
Fund type
SIB
Fund manager(s)
Western Asset Management Co
since 24/02/2004
Fund objective
The Fund seeks to provide a high level of income by investing at least 80% of its Net Asset Value in high-yielding debt securities and similar instruments the face value of which is in US Dollars and currencies of a variety of other developed countries. The Fund is a global fund and is not confined to investing in any specific country or region, although it will not be investing more than 30% in emerging market countries.
Benchmark
Barclays US High Yield 1-5 Yr Cash Pay Index 2% constrained (USD)
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

5.54 %

1 Year rank in sector

42/306

Sector

FO Fixed Int - Global

Yield
-
Fund size

£ 34.4 m

FE Risk score

90

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    77.56%
  • UK
    4.68%
  • Money Market
    4.5%
  • Canada
    3.75%
  • Ireland
    1.78%
  • High Yield Bond
    68.98%
  • Banks
    9.08%
  • Investment Grade Corporate Bonds
    6.96%
  • Asset/Mortgage-Backed Securities
    6.71%
  • Cash & Cash Equivalents
    4.5%
  • US Fixed Interest
    77.56%
  • UK Fixed Interest
    4.68%
  • Money Market
    4.5%
  • Canadian Fixed Interest
    3.75%
  • Irish Fixed Interest
    1.78%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.52 %3.18 %5.43 %9.24 %12.13 %
Sector0.06 %1.69 %1.62 %6.16 %9.13 %
Rank within sector74 / 34383 / 32942 / 30662 / 25173 / 186
Quartile th1 st2 nd1 st1 st2 nd

Calendar performance

YTD-20172016201520142013
Fund4.8 %11.77 %-6.56 %3.08 %-1.85 %
Sector3.43 %4.59 %-1.64 %3.66 %-1.56 %
Rank within sector118 / 31517 / 283235 / 254122 / 218106 / 194
Quartile th2 nd1 st4 th3 rd3 rd

Risk statistics

Alpha0.36
Beta1.33
Sharpe-0
Volatility5.39
Tracking error4.17
Information ratio0.22
R-Squared0.43

Price movement

52 week high133.88
52 week low124.61
Current bid price0
Current offer price0
Current mid price133.88

Holdings by region

  • 77.56% USA
  • 4.68% UK
  • 4.5% Money Market
  • 3.75% Canada
  • 1.78% Ireland
  • 1.42% Luxembourg
  • 1.19% Germany
  • 1.02% Brazil
  • 0.99% Russia
  • 0.89% France

Holdings by sector

  • 68.98% High Yield Bond
  • 9.08% Banks
  • 6.96% Investment Grade Corporate Bonds
  • 6.71% Asset/Mortgage-Backed Securities
  • 4.5% Cash & Cash Equivalents
  • 3.13% Corporate Bonds
  • 0.64% Government Bonds

Holdings by asset type

  • 77.56% US Fixed Interest
  • 4.68% UK Fixed Interest
  • 4.5% Money Market
  • 3.75% Canadian Fixed Interest
  • 1.78% Irish Fixed Interest
  • 1.42% Luxembourg Fixed Interest
  • 1.19% German Fixed Interest
  • 1.02% Brazilian Fixed Interest
  • 0.99% Russian Fixed Interest
  • 0.89% French Fixed Interest

Individual holdings

  • 1.14% ADT CORP 4.125% NTS 15/06/23 USD1000
  • 1.06% REYNOLDS GROUP ISSUER INC/LLC/SA SNR SEC FRN 15/07/21 USD 2000 REG S
  • 1.04% CONTINENTAL RESOURCE INC 5.000% BDS 15/09/22 USD1000
  • 1% INDYMAC MBS INC 2004-AR7 A2 PERP 31/12/49 USD1000
  • 0.95% RESIDENTIAL ASSET SECURITIES CORP FLTG RATE NTS 25/05/33 USD1000
  • 0.93% TENET HEALTHCARE CORP 8.125% BDS 01/04/22 USD2000
  • 0.9% VPII ESCROW CORP 7.5% SRN 15/07/21 USD2000 REG S
  • 0.81% ARCELORMITTAL SA 5.5% BDS 01/03/21 USD1000
  • 0.81% SPRINT CORP 7.875% BDS 15/09/23 USD2000
  • 0.78% BARCLAYS PLC FRN 15/12/49 EUR1000