C000017845 Performance — Western Asset Management U.S. Government Portfolio, Class A
Data updated: 2026-08-27
C000017845 returned +0.74% year to date and +3.84% over one year to Jun 2026. Annualised returns are +4.42% over 3 years and +0.91% over 5 years. The fund beat its Intermediate Government Bond category average: $100 invested three years ago grew to $114, against $112 for the category, and to $104 over one year, against $103. Volatility over the past three years was 4.15% a year. In the 12 months to Jun 2026 the fund lost a net $68.3M, and assets reached $1.19B.
C000017845 Growth of $100
What $100 invested in Western Asset Management U.S. Government Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Government Bond category average over the same months.
| Period | C000017845 | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $104 | $103 |
| 3 years (Jul 2023 – Jun 2026) | $114 | $112 |
| 5 years (Jul 2021 – Jun 2026) | $105 | $103 |
| Since data start (Jul 2019 – Jun 2026) | $111 | $114 |
C000017845 Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.74% |
| 1 year | +3.84% |
| 3 years (annualised) | +4.42% |
| 5 years (annualised) | +0.91% |
C000017845 Annual Returns
Calendar-year total returns of Western Asset Management U.S. Government Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +0.74% |
| 2025 | +7.07% |
| 2024 | +2.36% |
| 2023 | +4.87% |
| 2022 | −9.01% |
| 2021 | −1.52% |
| 2020 | +5.23% |
| 2019 (Jul–Dec) | +1.89% |
C000017845 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.3% | +1.3% | −1.3% | +0.2% | +0.1% | +0.2% | — | — | — | — | — | — |
| 2025 | +0.6% | +1.7% | +0.3% | +0.6% | −0.6% | +1.3% | −0.2% | +1.4% | +0.7% | +0.6% | +0.7% | 0.0% |
| 2024 | 0.0% | −1.0% | +0.8% | −1.7% | +1.4% | +1.0% | +1.9% | +1.1% | +1.0% | −2.1% | +0.9% | −0.9% |
| 2023 | +2.3% | −1.9% | +1.9% | +0.6% | −0.8% | −0.4% | 0.0% | −0.3% | −1.7% | −1.1% | +3.3% | +2.9% |
| 2022 | −1.2% | −0.6% | −2.3% | −2.2% | +0.6% | −1.2% | +2.0% | −2.3% | −3.4% | −1.1% | +2.7% | −0.3% |
| 2021 | 0.0% | −0.7% | −0.6% | +0.4% | 0.0% | 0.0% | +0.5% | −0.1% | −0.4% | −0.5% | 0.0% | −0.2% |
| 2020 | +1.2% | +0.8% | 0.0% | +0.8% | +0.7% | +0.3% | +0.7% | +0.1% | +0.1% | −0.2% | +0.3% | +0.3% |
| 2019 | — | — | — | — | — | — | +0.3% | +1.5% | −0.2% | +0.2% | +0.1% | +0.1% |
C000017845 Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 4.15%
- 3-year Sharpe ratio: -0.02 (vs 4.5% risk-free rate)
- Best month: +3.33% (Nov 2023)
- Worst month: −2.06% (Oct 2024)
C000017845 Fund Flows
Monthly money in and out of Western Asset Management U.S. Government Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$68.3M
- 12-month gross sales (incl. reinvestments): $95.7M
- Sales ÷ redemptions: 0.58×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $54.6M | $9.4M | $45.3M |
| May 2026 | $5.3M | $7.0M | −$1.8M |
| Apr 2026 | $6.6M | $13.5M | −$6.9M |
| Mar 2026 | $2.3M | $34.9M | −$32.7M |
| Feb 2026 | $3.0M | $9.9M | −$6.8M |
| Jan 2026 | $3.9M | $4.9M | −$1.1M |
| Dec 2025 | $1.3M | $10.0M | −$8.8M |
| Nov 2025 | $1.6M | $23.0M | −$21.4M |
| Oct 2025 | $3.8M | $16.5M | −$12.7M |
| Sep 2025 | $4.3M | $13.3M | −$9.0M |
| Aug 2025 | $3.1M | $15.8M | −$12.7M |
| Jul 2025 | $6.0M | $5.8M | $224K |
C000017845 Assets Under Management
Net assets of Western Asset Management U.S. Government Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.19B |
| 2026-03-31 | $1.20B |
| 2025-12-31 | $1.24B |
| 2025-09-30 | $1.27B |
| 2025-06-30 | $1.26B |
| 2025-03-31 | $1.29B |
| 2024-12-31 | $1.31B |
| 2024-09-30 | $1.43B |
| 2024-06-30 | $1.41B |
| 2024-03-31 | $1.41B |
| 2023-12-31 | $1.42B |
| 2023-09-30 | $1.39B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.