WAGIX Fees and Costs — Western Asset Income Fund, Class IS
Data updated: 2026-10-09
The net expense ratio is 0.56%: a 0.50% management fee plus 0.06% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $20K in broker commissions, 0.0059% of average net assets, and portfolio turnover was 95%.
WAGIX Fees and Expenses
Annual operating expenses and sales charges of WAGIX. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.06% |
| Gross expense ratio | 0.56% |
| Fee waiver | — |
| Net expense ratio | 0.56% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
WAGIX Costs Over Time
On $10,000 invested in WAGIX, assuming 5% a year before costs, total costs come to $357 over 5 years, cutting the return by 0.59% 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 0.56%) | $59 | $184 | $321 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $59 | $195 | $357 |
| Value after costs | $10,441 | $11,381 | $12,406 |
| Impact on return, per year | 0.59% | 0.59% | 0.59% |
WAGIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0059%
- Total broker commissions: $20K
- Bought from dealers (principal trades, not a cost): $396.0M
- Portfolio turnover (prospectus): 95%
WAGIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP GLOBAL MARKETS INC. | $13K | 23.11% |
| MORGAN STANLEY & CO. LLC | $12K | 22.50% |
| WELLS FARGO SECURITIES, LLC | $6K | 11.36% |
| GOLDMAN SACHS & CO. LLC | $6K | 11.11% |
| J.P. MORGAN SECURITIES LLC | $4K | 7.29% |
| UBS Securities LLC | $3K | 5.90% |
| RBC CAPITAL MARKETS, LLC | $3K | 5.33% |
| BOFA SECURITIES, INC. | $3K | 4.75% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $2K | 4.61% |
| BARCLAYS CAPITAL, INC. | $2K | 4.03% |
WAGIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $639.8M | 35.27% |
| J.P. Morgan Securities LLC | $268.8M | 14.82% |
| BARCLAYS CAPITAL, INC. | $260.4M | 14.36% |
| MORGAN STANLEY & CO. LLC | $163.0M | 8.99% |
| CitiGroup Global Markets Inc. | $137.8M | 7.60% |
| Goldman Sachs & Co. LLC | $132.6M | 7.31% |
| JEFFERIES LLC | $77.8M | 4.29% |
| WELLS FARGO SECURITIES, LLC | $74.0M | 4.08% |
| BNP PARIBAS SECURITIES CORP. | $32.5M | 1.79% |
| UBS SECURITIES LLC | $26.9M | 1.48% |
Western Asset Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| WAGIX | Class IS | 0.56% | none |
| SDSYX | Class I | 0.66% | none |
| SDSAX | Class A | 0.94% | 3.75% |
| SDSIX | Class C1 | 1.40% | none |
| LWSIX | Class C | 1.67% | 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.