Legg Mason Limited Duration Bond Prim 100 LIGHT STREET 23RD FLOOR 21202 Map
Phone: 800-822-5544
| Category: | Short-Term Bond | | Fund Family: | Legg Mason | | Net Assets: | 106.54M | | Year-to-Date Return: | -13.67% | | Yield: | 5.16% | | Morningstar Rating: |  | | Fund Inception Date: | 07-Aug-87 |
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S. Kenneth Leech
Lead Manager since
07-Aug-87 | | | 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. |
| 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 to maximize total return. The fund invests at least 80% of net assets in a portfolio of U.S. dollar-denominated debt and fixed-income securities, which are anticipated to be investment grade, or determined by the Adviser to be of comparable quality. It may also invest up to 20% of net assets in non-debt securities, including common stock and warrants received as the result of an exchange or tender of fixed-income securities and 25% of total assets in the securities of foreign issuers. . |
| Last Dividend
(31-Oct-08):
| 0.03 | | Last Cap Gain
(17-Dec-04):
| 0.01 | | Annual Holdings Turnover
| 237.00% | | Average for Category:
| 106.22% |
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| Expense | LMLDX | Category Avg | | Total Expense Ratio: | 1.00%
| 0.92% | | Max 12b1 Fee: | 0.50%
| N/A | | Max Front End Sales Load: | 0.00%
| 2.69% | | Max Deferred Sales Load: | 0.00%
| 2.14% | | 3 Yr Expense Projection*: |
$357 | $420 | | 5 Yr Expense Projection*: |
$632 | $674 | | 10 Yr Expense Projection*: |
$1,416 | $1,391 |
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