Western Asset Income Fund (SDSAX)
The investment seeks high current income. The fund normally invests in a globally diverse portfolio of fixed income securities. It normally invests in at least three countries (one of which may be the United States). The dollar-weighted average effective duration of the fund's portfolio, as estimated by the subadviser, is normally expected to be between 0 and 10 years.
Fund Info
| ISIN | US52469F7548 |
|---|---|
| CUSIP | 52469F754 |
| Issuer | Franklin Templeton Investments |
| Inception Date | Nov 5, 1992 |
| Category | Multisector Bonds |
| Min. Investment | $1,000 |
| Asset Class | Bond |
Expense Ratio
SDSAX features an expense ratio of 0.92%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Western Asset Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Western Asset Income Fund had a return of 4.87% year-to-date (YTD) and 12.11% in the last 12 months. Over the past 10 years, Western Asset Income Fund had an annualized return of 3.15%, while the S&P 500 had an annualized return of 11.05%, indicating that Western Asset Income Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.87% | 21.24% |
| 1 month | -0.60% | 0.55% |
| 6 months | 3.94% | 11.47% |
| 1 year | 12.11% | 32.45% |
| 5 years (annualized) | 1.81% | 13.43% |
| 10 years (annualized) | 3.15% | 11.05% |
Monthly Returns
The table below presents the monthly returns of SDSAX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.26% | -0.21% | 1.23% | -1.77% | 1.68% | 0.62% | 1.65% | 1.21% | 1.34% | -1.18% | 4.87% | ||
| 2023 | 3.96% | -1.80% | 1.21% | 0.79% | -0.96% | 0.63% | 1.02% | -0.18% | -1.58% | -1.82% | 4.20% | 4.10% | 9.73% |
| 2022 | -1.32% | -2.37% | -1.50% | -2.47% | -1.59% | -4.01% | 2.60% | 0.12% | -5.02% | -0.86% | 3.23% | 0.04% | -12.67% |
| 2021 | 0.18% | -0.50% | -0.69% | 1.15% | 0.51% | 0.82% | 0.34% | 0.51% | -0.31% | 0.20% | -0.66% | 0.86% | 2.42% |
| 2020 | 0.93% | -1.04% | -13.52% | 3.70% | 3.90% | 1.96% | 2.78% | 1.04% | -0.15% | 0.22% | 3.43% | 1.67% | 3.71% |
| 2019 | 3.30% | 0.82% | 1.00% | 0.97% | 0.02% | 2.13% | 0.83% | -0.53% | 0.95% | 0.33% | 0.15% | 1.94% | 12.50% |
| 2018 | 0.61% | -1.13% | 0.15% | -0.79% | -1.27% | -0.50% | 1.27% | -0.83% | 0.32% | -1.47% | -0.17% | -0.13% | -3.91% |
| 2017 | 1.20% | 1.17% | 0.41% | 1.02% | 0.71% | 0.39% | 1.01% | 0.75% | 0.45% | 0.45% | 0.28% | 0.30% | 8.44% |
| 2016 | -1.05% | -0.60% | 2.49% | 2.12% | 0.00% | 1.72% | 2.21% | 1.56% | 0.11% | 0.13% | -1.94% | 1.70% | 8.66% |
| 2015 | 1.03% | 0.51% | -0.32% | -0.17% | -0.04% | -1.23% | 0.58% | -0.18% | -1.27% | 1.49% | -0.99% | 1.31% | 0.67% |
| 2014 | -0.10% | 2.05% | 1.05% | 0.57% | 1.31% | 0.42% | -0.27% | 0.87% | -1.16% | 0.12% | -0.17% | -0.60% | 4.13% |
| 2013 | 0.52% | 0.23% | 0.80% | 2.33% | -2.59% | -2.83% | 0.42% | -1.04% | 1.77% | 1.47% | -0.43% | 0.74% | 1.25% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SDSAX is 67, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Western Asset Income Fund (SDSAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Western Asset Income Fund provided a 7.36% dividend yield over the last twelve months, with an annual payout of $0.37 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.37 | $0.36 | $0.29 | $0.25 | $0.28 | $0.36 | $0.35 | $0.32 | $0.32 | $0.77 | $0.36 | $0.35 |
Dividend yield | 7.36% | 7.14% | 5.80% | 4.05% | 4.52% | 5.71% | 6.01% | 4.92% | 5.14% | 12.75% | 5.32% | 5.00% |
Monthly Dividends
The table displays the monthly dividend distributions for Western Asset Income 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.31 | |
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.36 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.29 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.28 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.36 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.35 |
| 2017 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.32 |
| 2016 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.32 |
| 2015 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.48 | $0.77 |
| 2014 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.36 |
| 2013 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.35 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Western Asset Income 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 Income Fund was 26.09%, occurring on Nov 24, 2008. Recovery took 192 trading sessions.
The current Western Asset Income Fund drawdown is 1.18%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -26.09% | May 11, 2007 | 388 | Nov 24, 2008 | 192 | Aug 31, 2009 | 580 |
| -20.54% | Feb 24, 2020 | 22 | Mar 24, 2020 | 172 | Nov 25, 2020 | 194 |
| -17% | Nov 10, 2021 | 239 | Oct 21, 2022 | 466 | Aug 30, 2024 | 705 |
| -7.07% | May 9, 2013 | 32 | Jun 24, 2013 | 214 | Apr 30, 2014 | 246 |
| -6.38% | Feb 2, 1994 | 142 | Aug 18, 1994 | 179 | Apr 26, 1995 | 321 |
Volatility
Volatility Chart
The current Western Asset Income Fund volatility is 0.75%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.