Legg Mason Investment Grade Inc Prim 100 LIGHT STREET 23RD FLOOR 21202 Map
Phone: 800-822-5544
| Category: | Intermediate-Term Bond | | Fund Family: | Legg Mason | | Net Assets: | 314.23M | | Year-to-Date Return: | -5.09% | | Yield: | 7.11% | | Morningstar Rating: |  | | Fund Inception Date: | 07-Aug-87 |
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S. Kenneth Leech
Lead Manager since
07-Aug-87 | | | 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: | $1,000 | | Min Subsequent Investment: | $50 | | Min Subsequent Investment, IRA: | $50 | | Min Subsequent Investment, AIP: | $50 |
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| The investment seeks high level of current income through investment in a diversified portfolio of debt securities. The fund normally invests at least 80% of net assets in fixed-income securities rated investment grade or determined by the Adviser to be of comparable quality, including four highest grades debt securities, U.S. Government guaranteed securities, commercial paper and other money market instruments. It normally expects to maintain a maturity of between five and twenty years. It may invest not excess of 20% of net assets in junk bonds and exchangeable securities. |
| Last Dividend
(29-Aug-08):
| 0.05 | | Last Cap Gain
(15-Jun-07):
| 0.03 | | Annual Holdings Turnover
| 66.00% | | Average for Category:
| 200.26% |
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| Expense | LMIGX | Category Avg | | Total Expense Ratio: | 1.00%
| 0.98% | | Max 12b1 Fee: | 0.50%
| N/A | | Max Front End Sales Load: | 0.00%
| 4.21% | | Max Deferred Sales Load: | 0.00%
| 2.69% | | 3 Yr Expense Projection*: |
$412 | $466 | | 5 Yr Expense Projection*: |
$713 | $718 | | 10 Yr Expense Projection*: |
$1,568 | $1,428 |
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