LWBOX Fees and Costs — Western Asset Corporate Bond Fund, Class C
Data updated: 2026-08-26
The net expense ratio is 1.57%: a 0.45% management fee, a 1.00% 12b-1 fee plus 0.12% other expenses. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $58K in broker commissions, 0.0098% of average net assets, and portfolio turnover was 136%.
LWBOX Fees and Expenses
Annual operating expenses and sales charges of LWBOX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.12% |
| Gross expense ratio | 1.57% |
| Fee waiver | — |
| Net expense ratio | 1.57% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
LWBOX Costs Over Time
On $10,000 invested in LWBOX, assuming 5% a year before costs, total costs come to $977 over 5 years, cutting the return by 1.66% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $103 | $0 | $0 |
| Fund expenses (net expense ratio 1.57%) | $165 | $511 | $881 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $26 | $90 |
| Total costs | $269 | $540 | $977 |
| Value after costs | $10,231 | $11,036 | $11,786 |
| Impact on return, per year | 2.69% | 1.66% | 1.66% |
LWBOX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0098%
- Total broker commissions: $58K
- Bought from dealers (principal trades, not a cost): $1.7B
- Portfolio turnover (prospectus): 136%
- Securities lending: none during the year
LWBOX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $11K | 19.48% |
| MORGAN STANLEY & CO. LLC | $10K | 17.96% |
| GOLDMAN SACHS & CO. LLC | $9K | 17.03% |
| BOFA SECURITIES, INC. | $6K | 10.96% |
| CitiGroup Global Markets Inc. | $5K | 10.00% |
| WELLS FARGO SECURITIES, LLC | $5K | 8.53% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $3K | 4.75% |
| DEUTSCHE BANK SECURITIES INC. | $2K | 4.47% |
| RBC CAPITAL MARKETS, LLC | $2K | 3.72% |
| BNP Paribas Securities Corp. | $2K | 3.11% |
LWBOX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $302.4M | 23.21% |
| J.P. Morgan Securities LLC | $214.0M | 16.43% |
| Goldman Sachs & Co. LLC | $153.7M | 11.80% |
| MORGAN STANLEY & CO. LLC | $137.1M | 10.52% |
| CITADEL CLEARING LLC | $123.1M | 9.45% |
| BMO CAPITAL MARKETS CORP. | $91.1M | 6.99% |
| CitiGroup Global Markets Inc. | $88.6M | 6.80% |
| WELLS FARGO SECURITIES, LLC | $72.5M | 5.56% |
| DEUTSCHE BANK SECURITIES, INC. | $62.3M | 4.78% |
| BNP PARIBAS SECURITIES CORP. | $57.9M | 4.45% |
Western Asset Corporate Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SIGYX | Class I | 0.55% | none |
| SIGAX | Class A | 0.90% | 3.75% |
| LCBPX | Class P | 1.10% | none |
| SBILX | Class C1 | 1.40% | none |
| LWBOX | Class C | 1.57% | none |
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.