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Western Asset Corporate Bond Fund (SIGAX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Western Asset Corporate Bond Fund (SIGAX)

Mutual Fund · Currency in USD · Last updated May 30, 2025

Under normal circumstances, the fund invests at least 80% of its assets in corporate debt securities and at least 80% of its assets in "investment grade" debt securities. It may invest up to 25% of its assets in non-U.S. dollar denominated fixed income securities of foreign issuers. The advisor intends to invest not more than 10% of the fund's assets in non-U.S. dollar denominated fixed income securities of foreign issuers for which the fund has not implemented a currency hedge. The fund may invest in securities of any maturity or duration.

Fund Info

ISIN

US52469F3174

CUSIP

52469F317

Issuer

Franklin Templeton

Inception Date

Nov 6, 1992

Category

Corporate Bonds

Min. Investment

$1,000

Asset Class

Bond

Expense Ratio

SIGAX has an expense ratio of 0.88%, placing it in the medium range.

Share Price Chart

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Compare to other instruments

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

Western Asset Corporate Bond Fund

Popular comparisons:
SIGAX vs. AGG
Popular comparisons:
SIGAX vs. AGG

Performance

Performance Chart

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S&P 500

Returns By Period

Western Asset Corporate Bond Fund (SIGAX) returned 1.69% year-to-date (YTD) and 5.89% over the past 12 months. Over the past 10 years, SIGAX returned 2.49% annually, underperforming the S&P 500 benchmark at 10.85%.

SIGAX

YTD

1.69%

1M

-0.33%

6M

0.45%

1Y

5.89%

3Y*

1.75%

5Y*

0.04%

10Y*

2.49%

^GSPC (Benchmark)

YTD

0.51%

1M

6.15%

6M

-2.00%

1Y

12.92%

3Y*

12.68%

5Y*

14.19%

10Y*

10.85%

*Annualized

Monthly Returns

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

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.61%2.12%-0.41%-0.14%-0.48%1.69%
20240.03%-1.39%1.37%-2.71%1.79%0.78%2.32%1.62%1.59%-2.51%1.25%-1.98%1.99%
20234.64%-3.31%1.43%0.66%-1.40%0.33%0.70%-1.11%-2.98%-1.97%6.05%4.67%7.44%
2022-3.14%-2.17%-2.53%-5.66%0.72%-3.77%3.89%-2.97%-5.37%-1.21%5.09%-0.55%-16.83%
2021-1.01%-1.62%-1.48%1.25%0.70%1.72%1.19%-0.08%-1.15%-0.10%-0.32%0.26%-0.70%
20202.22%0.64%-9.94%6.97%2.69%2.28%3.14%-0.40%-0.56%-0.10%3.44%0.85%10.82%
20193.15%0.47%2.23%0.64%0.81%2.90%0.63%1.63%-0.41%0.61%0.28%0.68%14.42%
2018-0.89%-1.57%0.15%-0.84%0.08%-0.84%1.49%-0.25%0.08%-1.66%-0.62%1.22%-3.65%
20170.58%1.27%-0.10%1.11%1.11%0.21%0.77%0.85%0.03%0.35%-0.04%0.85%7.21%
2016-1.09%-0.25%4.12%2.34%0.01%1.72%1.94%0.95%-0.20%-0.34%-2.59%1.29%8.01%
20152.26%0.04%0.23%-0.42%-0.48%-1.87%0.26%-0.90%-0.33%1.52%0.00%-1.03%-0.79%
20141.26%1.64%0.25%1.31%1.56%0.56%-0.09%1.53%-1.68%1.15%0.41%0.03%8.15%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of SIGAX is 55, 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 SIGAX is 5555
Overall Rank
The Sharpe Ratio Rank of SIGAX is 7676
Sharpe Ratio Rank
The Sortino Ratio Rank of SIGAX is 6666
Sortino Ratio Rank
The Omega Ratio Rank of SIGAX is 5353
Omega Ratio Rank
The Calmar Ratio Rank of SIGAX is 3333
Calmar Ratio Rank
The Martin Ratio Rank of SIGAX is 4747
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 Corporate Bond Fund (SIGAX) 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 Corporate Bond Fund Sharpe ratios as of May 30, 2025 (values are recalculated daily):

  • 1-Year: 1.02
  • 5-Year: 0.01
  • 10-Year: 0.41
  • All Time: 0.70

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 Corporate Bond Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

Western Asset Corporate Bond Fund provided a 5.02% dividend yield over the last twelve months, with an annual payout of $0.53 per share. The fund has been increasing its distributions for 2 consecutive years.

3.50%4.00%4.50%5.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.6020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.53$0.52$0.49$0.40$0.46$0.59$0.49$0.45$0.44$0.47$0.51$0.49

Dividend yield

5.02%4.95%4.58%3.76%3.51%4.34%3.78%3.84%3.45%3.83%4.32%3.94%

Monthly Dividends

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

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.04$0.04$0.05$0.05$0.00$0.18
2024$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.05$0.04$0.05$0.52
2023$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.49
2022$0.03$0.03$0.03$0.03$0.03$0.04$0.03$0.04$0.03$0.04$0.04$0.04$0.40
2021$0.03$0.03$0.03$0.03$0.03$0.10$0.03$0.03$0.03$0.03$0.03$0.06$0.46
2020$0.04$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.03$0.04$0.04$0.20$0.59
2019$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.07$0.49
2018$0.04$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.03$0.45
2017$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.03$0.03$0.04$0.04$0.44
2016$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.47
2015$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.08$0.51
2014$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.05$0.49

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 Corporate Bond 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 Corporate Bond Fund was 30.26%, occurring on Mar 10, 2009. Recovery took 162 trading sessions.

The current Western Asset Corporate Bond Fund drawdown is 8.94%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-30.26%Nov 5, 2007337Mar 10, 2009162Oct 28, 2009499
-23.31%Sep 15, 2021279Oct 21, 2022———
-18.31%Mar 9, 202010Mar 20, 202072Jul 2, 202082
-17.08%Oct 18, 1993275Nov 4, 1994144May 25, 1995419
-14.99%Oct 6, 1998335Jan 18, 2000292Mar 16, 2001627
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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