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Legg Mason WA Global Hi Yld Bd B (SBHYX)On Jan 7: 6.98  Up 0.03 (0.43%)  
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Profile  As of 30-Nov-09Get Profile for:
Legg Mason WA Global Hi Yld Bd B
Legg Mason & Co., LLC 55 Water Street, 32nd Floor New York, NY 10004
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Phone: 800-822-5544
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FUND OVERVIEW 
Category:High Yield Bond
Fund Family:Legg Mason/Western
Net Assets:29.89M
Year-to-Date Return:51.00%
Yield:10.14%
Morningstar Rating:3 stars
Fund Inception Date:22-Feb-95
MORNINGSTAR STYLE BOX 
High Yield Bond
[View Category Definition]
View Top High Yield Bond Funds
About the Morningstar Style Box
MANAGEMENT INFORMATION 
Kenneth S. Leech
Lead Manager since 17-Mar-06
Leech transitioned into a CIO Emeritus role in September 2008 and joined Western Asset as Chief Investment Officer in 1990. Prior to joining Western in 1990, he was a portfolio manager with Greenwich Capital Markets from 1988 to 1990; the First Boston Corporation from 1980 to 1988; and the National Bank of Detroit from 1977 to 1980.He has over 32 years of investment experience.
INVESTMENT INFORMATION 
Min Initial Investment:$1,000
Min Initial Investment, IRA:$250
Min Initial Investment, AIP:$50
Min Subsequent Investment:$50
Min Subsequent Investment, IRA:$50
Min Subsequent Investment, AIP:$50
SBHYX can be purchased from brokerages.
FUND SUMMARY 
The investment seeks to maximize total return, consistent with the preservation of capital. The fund invests primarily in high-yield bonds issued by U.S. and foreign corporations and foreign governments and their agencies and instrumentalities. It normally invests at least 80% of assets in high-yield bonds and related investments. The fund may also invest up to 35% of its total assets in sovereign debt issued by emerging market governmental entities or agencies. It may invest in individual securities of any duration and does not attempt to maintain an average portfolio duration within any particular range.
FUND OPERATIONS 
Last Dividend (30-Nov-09): 0.05
Last Cap Gain (31-Dec-97): 0.11
Annual Holdings Turnover 52.00%
Average for Category: 90.06%
FEES & EXPENSES 
ExpenseSBHYXCategory
Avg
Total Expense Ratio:% 1.20%
Max 12b1 Fee:% N/A
Max Front End Sales Load:% 4.46%
Max Deferred Sales Load:4.50% 2.73%
3 Yr Expense Projection*: $ YFT_NOT_APPLICABLE_ABBREVIATION$639
5 Yr Expense Projection*: $ YFT_NOT_APPLICABLE_ABBREVIATION$998
10 Yr Expense Projection*: $ YFT_NOT_APPLICABLE_ABBREVIATION$2,016
* Per $10,000 invested


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