WABSX Fees and Costs — Western Asset Intermediate Bond Fund, Class IS
Data updated: 2026-09-24
The net expense ratio is 0.46%: a 0.40% management fee plus 0.15% other expenses, less a 0.10% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $39K in broker commissions, 0.0219% of average net assets, and portfolio turnover was 39%.
WABSX Fees and Expenses
Annual operating expenses and sales charges of WABSX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.15% |
| Gross expense ratio | 0.56% |
| Fee waiver | −0.10% |
| Net expense ratio | 0.46% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
WABSX Costs Over Time
On $10,000 invested in WABSX, assuming 5% a year before costs, total costs come to $305 over 5 years, cutting the return by 0.51% 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 |
| Fund expenses (net expense ratio 0.46%) | $48 | $152 | $264 |
| Trading costs (broker commissions) | $2 | $7 | $13 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $51 | $167 | $305 |
| Value after costs | $10,449 | $11,410 | $12,458 |
| Impact on return, per year | 0.51% | 0.51% | 0.51% |
WABSX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0219%
- Total broker commissions: $39K
- Bought from dealers (principal trades, not a cost): $137.5M
- Portfolio turnover (prospectus): 39%
- Securities lending: none during the year
WABSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| R.J. O'BRIEN SECURITIES, LLC | $18K | 46.18% |
| JEFFERIES LLC | $6K | 14.62% |
| WELLS FARGO SECURITIES, LLC | $4K | 11.18% |
| BOFA SECURITIES, INC. | $3K | 7.28% |
| GOLDMAN SACHS & CO. LLC | $2K | 5.17% |
| CITIGROUP GLOBAL MARKETS INC. | $2K | 4.32% |
| MORGAN STANLEY & CO. LLC | $1K | 3.82% |
| JP MORGAN SECURITIES LLC | $1K | 3.80% |
| BARCLAYS CAPITAL, INC. | $720 | 1.88% |
| RBC CAPITAL MARKETS, LLC | $669 | 1.75% |
WABSX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $28.5M | 26.95% |
| MORGAN STANLEY & CO. LLC | $20.5M | 19.41% |
| GOLDMAN SACHS & CO. LLC | $17.0M | 16.11% |
| RBC CAPITAL MARKETS, LLC | $7.3M | 6.93% |
| BMO CAPITAL MARKETS CORP. | $7.3M | 6.93% |
| BOFA SECURITIES, INC. | $7.2M | 6.84% |
| CitiGroup Global Markets Inc. | $6.6M | 6.21% |
| BARCLAYS CAPITAL, INC. | $4.3M | 4.08% |
| BNP PARIBAS SECURITIES CORP. | $3.7M | 3.52% |
| CITADEL CLEARING LLC | $3.2M | 3.03% |
Western Asset Intermediate 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 |
|---|---|---|---|
| WABSX | Class IS | 0.46% | none |
| WATIX | Class I | 0.66% | none |
| WATAX | Class A | 0.87% | 3.75% |
| WATRX | Class R | 1.16% | none |
| WATCX | Class C | 1.64% | 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.