Description

The Western Asset Ultra-Short Income Fund Class A generally concentrates its holdings in diverse short-term, U.S. dollar-denominated fixed-income instruments and associated debt. Its investment portfolio is broad, potentially including a spectrum of securities such as obligations from banks, commercial paper, asset-backed securities, mortgage-backed securities, debt issued by U.S. government agencies or instrumentalities, corporate loans, corporate bonds, structured financial products, and repurchase agreements.