Back to top
Western Asset Ultra-short Income Fund Class I: (MF: SBAYX)
(NASDAQ Mutual Funds) As of May 1, 2025 08:00 PM ET
$9.14 USD
0.00 (NA)
Zacks MF Rank
3-Hold of 5 3
Fund Description
The fund was incepted in June 1992 and is managed by Smith Barney Fund Management. The objective of the fund is to provide high current income and to limit the degree of fluctuation of its net asset value (NAV) resulting from movements in interest rates. The fund invests at least 80% of its net assets in adjustable rate securities that include U.S. government securities. The fund may invest up to 20% of its net assets in short duration corporate and U.S. government fixed rate debt securities. Dividends from income are paid monthly. The fund generally makes capital gain distributions, if any, once a year, typically in December.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Western Asset UltraShort Income I | SBAYX | NA | NA | 0.00 | 0.00 | 0.30 | 0.37 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Legg Mason Partners Adj Rate Inc C | ARMGX | 9.08 | 6/22/1992 | 2.91 | 4.81 | 3.90 | 3.21 |
| Legg Mason Partners Adj Rate Inc A | ARMZX | 9.15 | 4/14/1997 | 3.64 | 5.57 | 4.69 | 3.82 |
| Legg Mason Partners Adj Rate Inc I | SBAYX | 9.14 | 10/17/2002 | 3.90 | 5.86 | 4.93 | 4.04 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Western Asset UltraShort Income I | SBAYX | 1000000 | 0 | 1000000 | M |
Contact Information
| Family | Franklin |
| Address | One Franklin Parkway San Mateo, CA 94403 |
| Phone | 800 342-5236 |