LMLCX Alternatives & Similar Mutual Funds

Western Asset SMASh Series C Fund (LMLCX) belongs to the Corporate Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with LMLCX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to LMLCX

LMLCX charges 0.00% annually. No mutual funds in the Corporate Bonds category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.05%.

Symbol	Name	Expense Ratio	AUM	Inception
VSTBX	Vanguard Short-Term Corporate Bond Index Fund Inst...	0.05%	—	Nov 2009	LMLCX vs VSTBX
VICBX	Vanguard Intermediate-Term Corporate Bond Index Fu...	0.05%	—	Nov 2009	LMLCX vs VICBX
VLCIX	Vanguard Long-Term Corporate Bond Index Fund Insti...	0.05%	—	Nov 2009	LMLCX vs VLCIX
VICSX	Vanguard Intermediate-Term Corporate Bond Index Fu...	0.07%	68.70B	Mar 2010	LMLCX vs VICSX
VLTCX	Vanguard Long-Term Corporate Bond Index Fund Admir...	0.07%	9.20B	Jan 2010	LMLCX vs VLTCX

Best Risk-Adjusted Alternatives to LMLCX

LMLCX has a PortfoliosLab risk / return rank of 37. There are 4 mutual funds in the Corporate Bonds category with higher risk-adjusted ranks, going as high as 91.

Symbol	Name	Risk / Return Rank	AUM	Inception
MIFIX	Miller Intermediate Bond Fund	91	—	Dec 2014	LMLCX vs MIFIX
VSTBX	Vanguard Short-Term Corporate Bond Index Fund Inst...	81	—	Nov 2009	LMLCX vs VSTBX
VSCSX	Vanguard Short-Term Corporate Bond Index Fund Admi...	78	50.50B	Nov 2010	LMLCX vs VSCSX
JMABX	John Hancock Managed Account Shares Investment-Gra...	42	—	Jul 2019	LMLCX vs JMABX
LKFIX	LKCM Fixed Income Fund	34	—	Dec 1997	LMLCX vs LKFIX

Top Performing LMLCX Alternatives (YTD)

LMLCX is at 2.13% YTD. There is 1 mutual fund in the Corporate Bonds category with a higher YTD return, going as high as 4.56%.

Symbol	Name	YTD Return	AUM	Inception
MIFIX	Miller Intermediate Bond Fund	4.56%	—	Dec 2014	LMLCX vs MIFIX
VLCIX	Vanguard Long-Term Corporate Bond Index Fund Insti...	1.59%	—	Nov 2009	LMLCX vs VLCIX
VLTCX	Vanguard Long-Term Corporate Bond Index Fund Admir...	1.57%	9.20B	Jan 2010	LMLCX vs VLTCX
DFTEX	DFA Intermediate-Term Extended Quality Portfolio F...	1.18%	—	Jul 2010	LMLCX vs DFTEX
SCCPX	Sterling Capital Long Duration Corporate Bond Fund	1.12%	—	Jun 2011	LMLCX vs SCCPX

Lowest Volatility Alternatives to LMLCX

LMLCX has 6.72% 1-year volatility. There are 43 mutual funds in the Corporate Bonds category with lower 1-year volatility, going as low as 1.77%.

Symbol	Name	Volatility 1Y	AUM	Inception
VSCSX	Vanguard Short-Term Corporate Bond Index Fund Admi...	1.77%	50.50B	Nov 2010	LMLCX vs VSCSX
VSTBX	Vanguard Short-Term Corporate Bond Index Fund Inst...	1.78%	—	Nov 2009	LMLCX vs VSTBX
LKFIX	LKCM Fixed Income Fund	2.52%	—	Dec 1997	LMLCX vs LKFIX
IDMIX	iMGP Dolan McEniry Corporate Bond Fund	2.86%	—	Sep 2018	LMLCX vs IDMIX
MIFIX	Miller Intermediate Bond Fund	3.07%	—	Dec 2014	LMLCX vs MIFIX

Lowest Drawdown Alternatives to LMLCX

LMLCX has a 1-year max drawdown of -4.22%. There are 43 mutual funds in the Corporate Bonds category with shallower 1-year drawdowns, going as shallow as -1.31%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
VSTBX	Vanguard Short-Term Corporate Bond Index Fund Inst...	-1.31%	—	Nov 2009	LMLCX vs VSTBX
VSCSX	Vanguard Short-Term Corporate Bond Index Fund Admi...	-1.36%	50.50B	Nov 2010	LMLCX vs VSCSX
LKFIX	LKCM Fixed Income Fund	-1.76%	—	Dec 1997	LMLCX vs LKFIX
FIIFX	Federated Hermes Intermediate Corporate Bond Fund	-2.28%	—	Dec 1993	LMLCX vs FIIFX
IDMIX	iMGP Dolan McEniry Corporate Bond Fund	-2.38%	—	Sep 2018	LMLCX vs IDMIX

Other Mutual Funds from Legg Mason

The 10 most viewed Legg Mason mutual funds shown here include LCSMX, LCSSX, LMISX and span 9 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
LCSMX	Martin Currie SMA-Shares Series EM Fund	Emerging Markets Diversified	97	70.59%	—	Jan 2018	LMLCX vs LCSMX
LCSSX	ClearBridge Select Fund	Mid Cap Growth Equities	11	3.46%	—	Nov 2012	LMLCX vs LCSSX
LMISX	Franklin U.S. Large Cap Equity Fund	Large Cap Blend Equities	77	10.11%	—	Apr 2008	LMLCX vs LMISX
ARMGX	Western Asset Ultra-Short Income Fund	Ultrashort Bond	98	1.07%	—	Jun 1992	LMLCX vs ARMGX
LCILX	ClearBridge Sustainability Leaders Fund	Large Cap Blend Equities	45	10.54%	—	Mar 2015	LMLCX vs LCILX
GOBSX	BrandywineGLOBAL - Global Opportunities Bond Fund	Global Bonds	8	1.75%	—	Oct 2006	LMLCX vs GOBSX
LMSMX	Western Asset SMASh Series M Fund	Intermediate Core-Plus Bond	41	0.95%	—	Dec 2006	LMLCX vs LMSMX
LMVTX	ClearBridge Value Trust	Large Cap Value Equities	48	11.13%	—	Apr 1982	LMLCX vs LMVTX
RGSVX	ClearBridge Global Infrastructure Income Fund	Energy Equities	54	11.89%	—	Mar 2016	LMLCX vs RGSVX
LMGEX	Franklin International Equity Fund	Foreign Large Cap Equities	29	9.43%	—	Feb 1995	LMLCX vs LMGEX

Often Compared With LMLCX

Investors most often compare LMLCX with NBB, PBBBX, FIKOX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
NBB	Nuveen Taxable Municipal Income Fund	Corporate Bonds	11	1.42%	—	Dec 2009	LMLCX vs NBB
PBBBX	PIA BBB Bond Fund	Corporate Bonds	26	0.60%	—	Sep 2003	LMLCX vs PBBBX
FIKOX	Fidelity Advisor Corporate Bond Fund Class Z	Corporate Bonds	24	0.59%	—	Oct 2018	LMLCX vs FIKOX
LMGTX	ClearBridge International Growth Fund	Foreign Large Cap Equities	14	8.45%	—	Apr 1995	LMLCX vs LMGTX
CBFSX	JPMorgan Corporate Bond Fund	Corporate Bonds	20	0.41%	—	Mar 2013	LMLCX vs CBFSX
FCSPX	Federated Hermes Corporate Bond Strategy Port	Corporate Bonds	29	0.77%	—	Jun 2006	LMLCX vs FCSPX
ISHIX	Federated Hermes Corporate Bond Fund	Corporate Bonds	21	0.16%	—	May 1987	LMLCX vs ISHIX
PRPIX	T. Rowe Price Corporate Income Fund	Corporate Bonds	24	0.27%	—	Oct 1995	LMLCX vs PRPIX
SIDCX	SEI Institutional Investments Trust Intermediate D...	Corporate Bonds	22	0.60%	—	Mar 2015	LMLCX vs SIDCX
PAI	Western Asset Investment Grade Income Fund Inc.	Corporate Bonds	5	-1.29%	—	Mar 1973	LMLCX vs PAI
CFICX	Calvert Income Fund	Corporate Bonds	31	0.45%	—	Oct 1982	LMLCX vs CFICX
PIGIX	PIMCO Investment Grade Credit Bond Fund	Corporate Bonds	22	0.62%	—	Apr 2000	LMLCX vs PIGIX
SMARX	Brandes Separately Managed Account Reserve Trust	Corporate Bonds	27	0.87%	—	Oct 2005	LMLCX vs SMARX
FHMFX	Fidelity Series Corporate Bond Fund	Corporate Bonds	25	0.75%	—	Aug 2018	LMLCX vs FHMFX
LAGVX	Lord Abbett Income Fund	Corporate Bonds	23	0.15%	—	Jan 1982	LMLCX vs LAGVX
ACISX	AB Corporate Income Shares	Corporate Bonds	30	0.98%	—	Dec 2006	LMLCX vs ACISX
PBDCX	PIMCO Investment Grade Credit Bond Fund Class C	Corporate Bonds	15	0.14%	—	Sep 2004	LMLCX vs PBDCX
CPUIX	AAM/Insight Select Income Fund	Corporate Bonds	26	0.76%	—	Apr 2013	LMLCX vs CPUIX
LUBIX	Thrivent Income Fund	Corporate Bonds	22	0.40%	—	Jun 1972	LMLCX vs LUBIX
FCBAX	Fidelity Advisor Corporate Bond Fund Class A	Corporate Bonds	20	0.32%	—	May 2010	LMLCX vs FCBAX

Compare LMLCX with Any Fund or Stock

Compare LMLCX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair LMLCX with funds that move differently

Western Asset SMASh Series C Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LMLCX.

Explore LMLCX Diversifiers

Western Asset SMASh Series C Fund (LMLCX) Alternatives