PortfoliosLab logo
Western Asset SMASh Series C Fund (LMLCX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US52470G7429

Inception Date

Dec 27, 2006

Min. Investment

$0

Asset Class

Bond

Expense Ratio

LMLCX has an expense ratio of 0.00%, meaning no management fees are charged.


Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


Loading data...

Returns By Period

Western Asset SMASh Series C Fund (LMLCX) returned 1.86% year-to-date (YTD) and 0.88% over the past 12 months. Over the past 10 years, LMLCX returned 3.62% annually, underperforming the S&P 500 benchmark at 10.45%.


LMLCX

YTD

1.86%

1M

2.13%

6M

-2.67%

1Y

0.88%

5Y*

4.67%

10Y*

3.62%

^GSPC (Benchmark)

YTD

-3.77%

1M

3.72%

6M

-5.60%

1Y

8.55%

5Y*

14.11%

10Y*

10.45%

*Annualized

Monthly Returns

The table below presents the monthly returns of LMLCX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.94%3.76%-1.19%-0.44%-1.14%1.86%
2024-0.51%-1.37%1.77%-3.07%2.35%0.57%2.36%2.07%1.59%-4.38%2.39%-5.55%-2.21%
20235.28%-3.48%3.39%0.70%-1.46%1.70%0.68%-1.24%-3.63%-2.50%7.96%5.62%12.94%
2022-2.50%-2.15%1.40%-3.56%1.57%-3.98%2.75%-0.16%-2.48%2.01%4.96%-0.68%-3.20%
2021-0.70%-0.20%0.47%0.32%0.38%1.14%-0.23%0.31%-0.24%0.19%-1.26%1.19%1.35%
20200.02%-1.92%-12.50%5.48%3.74%2.04%3.19%-0.03%-1.58%0.61%4.14%0.95%2.93%
20193.18%1.00%1.40%1.23%-1.25%3.18%1.10%1.16%-0.21%0.66%1.04%1.74%15.10%
20180.54%-1.58%-0.49%-0.14%-0.69%-0.48%2.50%-0.35%0.98%-1.74%-1.34%-0.42%-3.21%
20170.68%1.02%0.17%0.64%0.79%0.26%1.12%0.18%0.93%0.55%-0.08%0.71%7.20%
2016-1.70%-0.45%3.71%2.00%-0.42%1.66%1.22%1.12%0.18%0.08%-1.64%1.04%6.88%
20151.08%2.26%-0.13%0.75%0.71%-0.80%-0.13%-0.91%-1.10%2.13%0.01%-0.94%2.89%
20140.57%1.53%0.46%1.20%1.18%0.26%0.28%0.89%-1.56%0.80%0.18%0.31%6.24%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of LMLCX is 26, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of LMLCX is 2626
Overall Rank
The Sharpe Ratio Rank of LMLCX is 2929
Sharpe Ratio Rank
The Sortino Ratio Rank of LMLCX is 2525
Sortino Ratio Rank
The Omega Ratio Rank of LMLCX is 2323
Omega Ratio Rank
The Calmar Ratio Rank of LMLCX is 2828
Calmar Ratio Rank
The Martin Ratio Rank of LMLCX is 2525
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Western Asset SMASh Series C Fund (LMLCX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Western Asset SMASh Series C Fund Sharpe ratios as of May 10, 2025 (values are recalculated daily):

  • 1-Year: 0.09
  • 5-Year: 0.63
  • 10-Year: 0.52
  • All Time: 0.77

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Western Asset SMASh Series C Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


Loading data...

Dividends

Dividend History

Western Asset SMASh Series C Fund provided a 6.69% dividend yield over the last twelve months, with an annual payout of $0.58 per share. The fund has been increasing its distributions for 4 consecutive years.


3.50%4.00%4.50%5.00%5.50%6.00%6.50%7.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.6020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.58$0.57$0.54$0.42$0.36$0.35$0.41$0.60$0.40$0.36$0.53$0.48

Dividend yield

6.69%6.58%5.78%4.79%3.75%3.54%4.16%6.71%4.04%3.75%5.64%5.04%

Monthly Dividends

The table displays the monthly dividend distributions for Western Asset SMASh Series C Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.02$0.05$0.04$0.05$0.00$0.16
2024$0.02$0.04$0.04$0.04$0.04$0.04$0.05$0.04$0.05$0.04$0.05$0.11$0.57
2023$0.02$0.05$0.04$0.04$0.05$0.04$0.04$0.05$0.05$0.05$0.04$0.08$0.54
2022$0.01$0.03$0.03$0.03$0.04$0.03$0.03$0.04$0.04$0.04$0.04$0.06$0.42
2021$0.01$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.06$0.36
2020$0.01$0.03$0.03$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.05$0.35
2019$0.01$0.03$0.03$0.04$0.03$0.04$0.04$0.03$0.03$0.03$0.03$0.07$0.41
2018$0.00$0.03$0.03$0.04$0.03$0.14$0.03$0.04$0.03$0.03$0.04$0.15$0.60
2017$0.02$0.03$0.03$0.03$0.03$0.07$0.03$0.03$0.03$0.03$0.03$0.05$0.40
2016$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.05$0.36
2015$0.01$0.03$0.03$0.03$0.03$0.02$0.02$0.03$0.03$0.03$0.03$0.23$0.53
2014$0.01$0.04$0.03$0.04$0.03$0.04$0.04$0.04$0.04$0.03$0.03$0.13$0.48

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.


Loading data...

Worst Drawdowns

The table below displays the maximum drawdowns of the Western Asset SMASh Series C 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 C Fund was 23.45%, occurring on Mar 20, 2020. Recovery took 173 trading sessions.

The current Western Asset SMASh Series C Fund drawdown is 6.78%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-23.45%Feb 20, 202022Mar 20, 2020173Nov 24, 2020195
-11.77%Sep 18, 202480Jan 13, 2025
-9.95%Nov 9, 2021224Sep 29, 202272Jan 12, 2023296
-8.28%Feb 3, 2023180Oct 19, 202328Nov 29, 2023208
-6.59%May 26, 2015182Feb 11, 201643Apr 14, 2016225

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading data...