Western Asset SMASh Series Core Plus Completion Fund (LMECX)
The fund has a flexible investment strategy and invests in a variety of securities and instruments and uses a variety of investment techniques in pursuing its objective. The Advisor normally expects to invest primarily in any combination of U.S. dollar denominated and non-U.S. dollar denominated debt obligations of both U.S. and non-U.S. issuers and in derivatives and other instruments relating to such investments.
Fund Info
US52470G7346
Dec 27, 2006
$0
Expense Ratio
LMECX has an expense ratio of 0.00%, meaning no management fees are charged.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Western Asset SMASh Series Core Plus Completion Fund (LMECX) returned 3.18% year-to-date (YTD) and 1.79% over the past 12 months. Over the past 10 years, LMECX returned 0.40% annually, underperforming the S&P 500 benchmark at 10.45%.
LMECX
3.18%
1.63%
1.63%
1.79%
-2.68%
0.40%
^GSPC (Benchmark)
-3.77%
3.72%
-5.60%
8.55%
14.11%
10.45%
Monthly Returns
The table below presents the monthly returns of LMECX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.66% | 0.69% | -0.58% | 0.41% | 0.00% | 3.18% | |||||||
| 2024 | -1.61% | -0.40% | 1.37% | -3.45% | 1.52% | -1.44% | 1.44% | 0.20% | 0.97% | -2.34% | 1.50% | -1.29% | -3.63% |
| 2023 | 6.02% | -3.22% | -0.10% | 1.00% | -1.00% | 2.78% | 1.20% | -2.89% | -5.41% | -3.94% | 7.31% | 6.34% | 7.35% |
| 2022 | -3.13% | -6.16% | -4.83% | -8.99% | -0.13% | -6.04% | 4.91% | -3.99% | -9.30% | -1.85% | 7.88% | -0.79% | -29.10% |
| 2021 | -2.01% | -1.73% | -1.81% | 2.96% | 2.22% | -0.39% | 0.46% | 0.83% | -1.32% | 0.32% | -1.85% | 1.45% | -1.04% |
| 2020 | 0.21% | -1.21% | -15.02% | 2.60% | 4.91% | 1.19% | 3.18% | 0.80% | -1.36% | -0.34% | 5.87% | 2.50% | 1.65% |
| 2019 | 5.54% | -1.10% | 0.64% | 1.12% | 0.62% | 4.31% | -0.54% | 1.06% | 1.57% | 3.08% | -1.59% | 1.84% | 17.59% |
| 2018 | 1.53% | -1.44% | 1.28% | -2.26% | -1.93% | -0.76% | 2.45% | -2.78% | 0.99% | -3.25% | -0.10% | 3.74% | -2.75% |
| 2017 | 0.45% | 1.19% | 0.84% | 0.99% | 1.55% | 1.68% | 2.32% | 0.98% | 0.25% | -1.38% | 0.34% | -0.35% | 9.19% |
| 2016 | 0.54% | 0.78% | 2.11% | 1.62% | 0.26% | 2.51% | 1.42% | 1.13% | -0.16% | -0.06% | -2.23% | 1.72% | 9.98% |
| 2015 | 3.19% | -0.49% | -0.16% | -0.29% | 0.30% | -2.47% | 2.05% | -1.14% | -0.67% | 1.84% | -0.27% | -1.27% | 0.47% |
| 2014 | -0.56% | 1.53% | 0.94% | 0.17% | 1.94% | 0.68% | 0.00% | 2.23% | -0.85% | 1.60% | 0.29% | -0.32% | 7.86% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of LMECX is 40, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Western Asset SMASh Series Core Plus Completion Fund (LMECX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Western Asset SMASh Series Core Plus Completion Fund provided a 5.53% dividend yield over the last twelve months, with an annual payout of $0.32 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.32 | $0.36 | $0.39 | $0.06 | $0.56 | $0.14 | $0.77 | $0.40 | $0.70 | $0.54 | $0.56 | $0.59 |
Dividend yield | 5.53% | 6.37% | 6.13% | 0.93% | 6.28% | 1.45% | 8.12% | 4.65% | 7.64% | 5.96% | 6.43% | 6.30% |
Monthly Dividends
The table displays the monthly dividend distributions for Western Asset SMASh Series Core Plus Completion Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.01 | $0.03 | $0.01 | $0.03 | $0.00 | $0.08 | |||||||
| 2024 | $0.02 | $0.03 | $0.03 | $0.04 | $0.00 | $0.03 | $0.04 | $0.03 | $0.04 | $0.00 | $0.04 | $0.07 | $0.36 |
| 2023 | $0.02 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.05 | $0.00 | $0.02 | $0.06 | $0.39 |
| 2022 | $0.01 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.00 | $0.01 | $0.01 | $0.00 | $0.00 | $0.00 | $0.06 |
| 2021 | $0.00 | $0.00 | $0.02 | $0.03 | $0.03 | $0.10 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.22 | $0.56 |
| 2020 | $0.02 | $0.04 | $0.04 | $0.02 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 |
| 2019 | $0.01 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.38 | $0.77 |
| 2018 | $0.01 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.00 | $0.07 | $0.40 |
| 2017 | $0.02 | $0.03 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.33 | $0.70 |
| 2016 | $0.02 | $0.03 | $0.04 | $0.03 | $0.02 | $0.03 | $0.03 | $0.04 | $0.03 | $0.02 | $0.04 | $0.23 | $0.54 |
| 2015 | $0.02 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.18 | $0.56 |
| 2014 | $0.02 | $0.03 | $0.04 | $0.04 | $0.02 | $0.03 | $0.03 | $0.04 | $0.04 | $0.02 | $0.03 | $0.26 | $0.59 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Western Asset SMASh Series Core Plus Completion Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Western Asset SMASh Series Core Plus Completion Fund was 37.31%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current Western Asset SMASh Series Core Plus Completion Fund drawdown is 26.10%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -37.31% | Sep 16, 2021 | 279 | Oct 24, 2022 | — | — | — |
| -22.22% | Feb 20, 2020 | 23 | Mar 23, 2020 | 303 | Jun 4, 2021 | 326 |
| -9.45% | Feb 22, 2007 | 108 | Jul 27, 2007 | 264 | Aug 14, 2008 | 372 |
| -9.26% | Sep 18, 2017 | 301 | Nov 26, 2018 | 44 | Jan 31, 2019 | 345 |
| -7.7% | May 10, 2013 | 31 | Jun 24, 2013 | 171 | Feb 27, 2014 | 202 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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