CIIXX — Western Asset Institutional U.S. Treasury Reserves

Data updated: 2025-12-23

CIIXX — Western Asset Institutional U.S. Treasury Reserves. Money Market · 0.18% expense ratio. Holdings, fees, performance and SEC filings.

CIIXX Fund Overview

CIIXX — Western Asset Institutional U.S. Treasury Reserves is a US mutual fund managed by Legg Mason Partners Institutional Trust, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

CIIXX Investment Objective and Strategy

Western Asset Institutional U.S. Treasury Reserves describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Legg Mason Partners Institutional Trust.

Investment objective

The fund’s investment objective is to provide shareholders with liquidity and as high a level of current income from U.S. government obligations as is consistent with preservation of capital.

Principal investment strategy

The fund is a money market fund that invests all of its assets in direct obligations of the U.S. Treasury. Direct obligations of the U.S. Treasury include U.S. Treasury bills, notes and bonds; STRIPS, which are individual interest and principal components of eligible Treasury notes and bonds that are traded as separate securities; and TIPS, which are inflation-protected securities issued by the U.S. Treasury, the principal of which increases with inflation and decreases with deflation, as measured by the Consumer Price Index. The fund will not enter into repurchase agreements, but may enter into reverse repurchase agreements to satisfy redemption requests or for other temporary or emergency purposes. Although the fund invests in U.S. government obligations, an investment in the fund is neither insured nor guaranteed by the U.S.

government. As noted above, the fund invests all of its assets in direct obligations of the U.S. Treasury. Therefore, the fund meets the requirement under Rule 2a-7 under the Investment Company Act of 1940, as amended, that a government money market fund invest at least 99.5% of its total assets in U.S. government obligations, cash, and/or repurchase agreements that are fully collateralized by U.S. government obligations or cash. In addition, the fund meets the requirement under Rule 35d-1 under the Investment Company Act of 1940, as amended, that a fund that includes the term U.S. Treasury in its name invest, under normal circumstances, at least 80% of its net assets in U.S. Treasury obligations. As a government money market fund, the fund tries to maintain a share price of $1.00. Under Rule 2a-7 of the Investment Company Act of 1940, as amended, the fund must follow strict rules as to the credit quality, liquidity, diversification and maturity of its investments.

Where required by these rules, the funds subadviser or Board of Trustees (the Board) will decide whether a security should be held or sold in the event of credit downgrades or certain other events occurring after purchase.

CIIXX Costs and Fees

CIIXX costs about $18 per $10,000 invested per year in fund expenses.

  • Net expense ratio: 0.18%
  • Gross expense ratio: 0.22%

CIIXX Debt Constituents

No individual debt constituents are reported in Western Asset Institutional U.S. Treasury Reserves's latest SEC N-PORT filing.

CIIXX Prospectus and SEC Filings

Official Western Asset Institutional U.S. Treasury Reserves filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Money Market funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.