Legg Mason Partners Adj Rt B
Legg Mason & Co., LLC 125 Broad Street, 10th Floor, Mf-2
Map
Phone: 800-451-2010
| Category: | Ultrashort Bond | | Fund Family: | Legg Mason Partners | | Net Assets: | 2.46M | | Year-to-Date Return: | -4.88% | | Yield: | 4.23% | | Morningstar Rating: |  | | Fund Inception Date: | 06-Nov-92 |
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S. Kenneth Leech
Lead Manager since
17-Mar-06 | | | Leech is a chief investment officer of Western Asset Management Company. 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. |
| 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 provide high current income and to limit the degree of fluctuation of net asset value resulting from movements in interest rates. The fund normally invests at least 80% of net assets in adjustable rate securities. It may invest up to 20% of net assets in fixed rate debt securities. The securities in which the fund may invest include U.S. government securities, bank loan securities, corporate debt securities, privately issued mortgage backed securities, asset backed securities, CMOs and mortgage-related derivative securities. |
| Last Dividend
(31-Jul-08):
| 0.02 | | Last Cap Gain
(23-Dec-94):
| 0.01 | | Annual Holdings Turnover
| 229.00% | | Average for Category:
| 82.96% |
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| Expense | ARMBX | Category
Avg | | Total Expense Ratio: | 1.52%
| 0.74% | | Max 12b1 Fee: | 0.75%
| N/A | | Max Front End Sales Load: | 0.00%
| 1.89% | | Max Deferred Sales Load: | 5.00%
| 2.25% | | 3 Yr Expense Projection*: |
$768 | $339 | | 5 Yr Expense Projection*: |
$908 | $551 | | 10 Yr Expense Projection*: |
$1,603 | $1,157 |
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1.47% Nasdaq 
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