Western Asset Short Duration High Income’s experienced group and high-octane approach are largely unaffected by co-CIO Ken Leech’s surprise Aug. 21, 2024, leave of absence from the firm. Thus, the strategy retains its Above Average People and Average Process ratings.
Western Asset Short Duration High Inc A SHIAX
- NAV / 1-Day Return 4.85 / +0.06 %
- Total Assets 495.1 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.990%
- Distribution Fee Level Average
- Share Class Type Front Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 7.23%
- Effective Duration 1.81 years
USD | NAV as of Oct 05, 2024 | 1-Day Return as of Oct 05, 2024, 1:09 AM GMT+0
Morningstar’s Analysis SHIAX
Will SHIAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 9.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Western Asset Prem Instl Govtt Rsrv Pref | 1.46 | 7.2 Mil | Cash and Equivalents |
Carnival Corporation 6% | 1.18 | 5.8 Mil | Corporate |
NCL Corporation Ltd. 8.125% | 1.11 | 5.5 Mil | Corporate |
Corecivic Inc 8.25% | 1.00 | 5.0 Mil | Corporate |
Community Health Systems Incorporated 6% | 0.96 | 4.8 Mil | Corporate |
GEO Group Inc 10.25% | 0.94 | 4.7 Mil | Corporate |
Viking Cruises, Ltd. 7% | 0.92 | 4.6 Mil | Corporate |
Teva Pharmaceutical Finance Netherlands III B.V. 4.75% | 0.91 | 4.5 Mil | Corporate |
CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.75% | 0.90 | 4.5 Mil | Corporate |
Royal Caribbean Group 7.25% | 0.90 | 4.4 Mil | Corporate |