WAYRX Performance — Western Asset High Yield Fund, Class R
Data updated: 2026-09-24
WAYRX returned +1.99% year to date and +8.13% over one year to May 2026. Annualised returns are +9.20% over 3 years and +3.28% over 5 years. The fund beat its High Yield Bond category average: $100 invested three years ago grew to $130, against $126 for the category, and to $108 over one year, against $107. Volatility over the past three years was 4.43% a year. In the 12 months to May 2026 the fund lost a net $2.8M, and assets reached $220.18M.
WAYRX Growth of $100
What $100 invested in Western Asset High Yield Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the High Yield Bond category average over the same months.
| Period | WAYRX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $108 | $107 |
| 3 years (Jun 2023 – May 2026) | $130 | $126 |
| 5 years (Jun 2021 – May 2026) | $117 | $120 |
| Since data start (Sep 2019 – May 2026) | $132 | $132 |
WAYRX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.99% |
| 1 year | +8.13% |
| 3 years (annualised) | +9.20% |
| 5 years (annualised) | +3.28% |
WAYRX Annual Returns
Calendar-year total returns of Western Asset High Yield Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.99% |
| 2025 | +8.63% |
| 2024 | +7.84% |
| 2023 | +11.66% |
| 2022 | −14.11% |
| 2021 | +5.14% |
| 2020 | +6.01% |
| 2019 (Sep–Dec) | +3.08% |
WAYRX 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 | +0.9% | +0.4% | −1.3% | +1.6% | +0.4% | — | — | — | — | — | — | — |
| 2025 | +1.2% | +1.0% | −1.1% | −0.3% | +1.8% | +1.9% | +0.6% | +1.4% | +0.9% | +0.4% | +0.2% | +0.4% |
| 2024 | −0.1% | +0.4% | +0.9% | −0.9% | +1.2% | +0.7% | +1.9% | +1.5% | +1.9% | −0.6% | +1.1% | −0.4% |
| 2023 | +4.8% | −1.5% | −0.4% | +0.6% | −0.9% | +2.1% | +1.9% | +0.3% | −1.2% | −2.0% | +3.9% | +3.8% |
| 2022 | −2.4% | −1.2% | −1.0% | −3.8% | −1.3% | −7.3% | +4.9% | −1.0% | −4.4% | +1.4% | +2.6% | −0.9% |
| 2021 | +0.1% | +0.7% | +0.3% | +1.2% | +0.2% | +1.5% | +0.3% | +0.4% | 0.0% | 0.0% | −1.2% | +1.7% |
| 2020 | −0.1% | −1.4% | −13.2% | +4.5% | +4.7% | +1.4% | +4.3% | +1.3% | −1.0% | +0.4% | +4.6% | +1.8% |
| 2019 | — | — | — | — | — | — | — | — | +0.3% | −0.1% | +0.4% | +2.5% |
WAYRX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 4.43%
- 3-year Sharpe ratio: 1.06 (vs 4.5% risk-free rate)
- Best month: +3.89% (Nov 2023)
- Worst month: −1.99% (Oct 2023)
WAYRX Fund Flows
Monthly money in and out of Western Asset High Yield Fund, from SEC Form N-PORT.
- 12-month net flow: −$2.8M
- 12-month gross sales (incl. reinvestments): $55.5M
- Sales ÷ redemptions: 0.95×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $3.7M | $4.2M | −$518K |
| Apr 2026 | $5.7M | $5.5M | $136K |
| Mar 2026 | $3.4M | $7.8M | −$4.4M |
| Feb 2026 | $4.4M | $5.0M | −$651K |
| Jan 2026 | $4.0M | $10.2M | −$6.2M |
| Dec 2025 | $4.8M | $3.9M | $929K |
| Nov 2025 | $5.6M | $4.4M | $1.2M |
| Oct 2025 | $8.1M | $4.9M | $3.1M |
| Sep 2025 | $4.1M | $3.4M | $740K |
| Aug 2025 | $5.6M | $2.4M | $3.1M |
| Jul 2025 | $3.5M | $3.5M | −$8K |
| Jun 2025 | $2.6M | $2.8M | −$211K |
WAYRX Assets Under Management
Net assets of Western Asset High Yield Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-29 | $220.18M |
| 2026-02-27 | $227.19M |
| 2025-11-28 | $233.23M |
| 2025-08-29 | $228.86M |
| 2025-05-30 | $221.22M |
| 2025-02-28 | $222.08M |
| 2024-11-29 | $224.19M |
| 2024-08-30 | $225.23M |
| 2024-05-31 | $224.17M |
| 2024-02-29 | $233.79M |
| 2023-11-30 | $235.64M |
| 2023-08-31 | $238.00M |
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.