Morningstar

Western Asset Short Duration High Inc A SHIAX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 4.86  /  +0.06 %
  • Total Assets 496.1 Mil
  • Adj. Expense Ratio
    0.990%
  • 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 7.28%
  • Effective Duration 1.81 years

USD | NAV as of Sep 28, 2024 | 1-Day Return as of Sep 28, 2024, 1:00 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.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SHIAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SHIAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of SHIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Built to weather the departure of co-CIO Ken Leech.

Analyst Max Curtin

Max Curtin

Analyst

Summary

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.

by Max Curtin
Rated on Published on

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Portfolio Holdings SHIAX

More SHIAX Holdings
  • 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

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1.18 5.8 Mil
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0.96 4.8 Mil
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GEO Group Inc 10.25%

0.94 4.7 Mil
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Viking Cruises, Ltd. 7%

0.92 4.6 Mil
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Teva Pharmaceutical Finance Netherlands III B.V. 4.75%

0.91 4.5 Mil
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CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.75%

0.90 4.5 Mil
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Royal Caribbean Group 7.25%

0.90 4.4 Mil
Corporate

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