Legg Mason WA Global Hi Yld Bd B Legg Mason & Co., LLC 55 Water Street, 32nd Floor New York, NY 10004 Map
Phone: 800-822-5544
| Category: | High Yield Bond | | Fund Family: | Legg Mason/Western | | Net Assets: | 29.89M | | Year-to-Date Return: | 51.00% | | Yield: | 10.14% | | Morningstar Rating: |  | | Fund Inception Date: | 22-Feb-95 |
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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. |
| 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 |
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| 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. |
| 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% |
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| Expense | SBHYX | Category 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 |
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