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Trending ETFs

Western Asset Institutional U.S. Treasury Obligations Money Market Fund

mutual fund
LAOXX
Payout Change
Pending
Price as of:
$1.0 +0.0 +0.0%
primary theme
Taxable Money Market
LAOXX (Mutual Fund)

Western Asset Institutional U.S. Treasury Obligations Money Market Fund

Payout Change
Pending
Price as of:
$1.0 +0.0 +0.0%
primary theme
Taxable Money Market
LAOXX (Mutual Fund)

Western Asset Institutional U.S. Treasury Obligations Money Market Fund

Payout Change
Pending
Price as of:
$1.0 +0.0 +0.0%
primary theme
Taxable Money Market

Name

As of 12/06/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Vitals

YTD Return

5.0%

1 yr return

5.0%

3 Yr Avg Return

3.6%

5 Yr Avg Return

2.2%

Net Assets

$871 M

Holdings in Top 10

70.8%

52 WEEK LOW AND HIGH

$1.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.52%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A


Fund Classification

Fund Type

Money Market Fund


Name

As of 12/06/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

LAOXX - Profile

Distributions

  • YTD Total Return 5.0%
  • 3 Yr Annualized Total Return 3.6%
  • 5 Yr Annualized Total Return 2.2%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.01%
DIVIDENDS
  • Dividend Yield 4.3%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Western Asset Institutional U.S. Treasury Obligations Money Market Fund
  • Fund Family Name
    FRANKLIN TEMPLETON
  • Inception Date
    Jun 24, 2014
  • Shares Outstanding
    N/A
  • Share Class
    Admin
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Management Team

Fund Description

The fund is a money market fund that invests all of its assets in direct obligations of the U.S. Treasury and in repurchase agreements secured by these obligations. Direct obligations of the U.S. Treasury include U.S. Treasury bills, notes and bonds; STRIPS, which are individual interest and principal components of eligible Treasury notes and bonds that are traded as separate securities; and TIPS, which are inflation-protected securities issued by the U.S. Treasury, the principal of which increases with inflation and decreases with deflation, as measured by the Consumer Price Index. The fund may also hold cash for cash management and defensive purposes. Although the fund invests in U.S. government obligations, an investment in the fund is neither insured nor guaranteed by the U.S. government.
As noted above, the fund invests all of its assets in direct obligations of the U.S. Treasury and in repurchase agreements secured by U.S. Treasury obligations. Therefore, the fund meets the requirement under Rule 2a‑7 under the Investment Company Act of 1940, as amended (the “1940 Act”), that a government money market fund invest at least 99.5% of its total assets in U.S. government securities, cash, and/or repurchase agreements that are fully collateralized by U.S. government securities or cash. In addition, the fund meets the requirement under Rule 35d‑1 under the 1940 Act, that a fund that includes the term “U.S. Treasury obligations” in its name invest, under normal circumstances, at least 80% of its net assets in U.S. Treasury obligations and in repurchase agreements secured by U.S. Treasury obligations. “Government securities” means any securities issued or guaranteed as to principal or interest by the United States, or by a person controlled or supervised by and acting as an instrumentality of the Government of the United States pursuant to authority granted by the Congress of the United States; or any certificate of deposit for any of the foregoing.
As a government money market fund, the fund tries to maintain a share price of $1.00. Pursuant to Rule 2a‑7 under the 1940 Act, the fund must follow strict rules as to the quality, liquidity, diversification and maturity of its investments.
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LAOXX - Performance

Return Ranking - Trailing

Period LAOXX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.0% 0.5% 10.4% 46.53%
1 Yr 5.0% 0.5% 10.4% 49.63%
3 Yr 3.6%* 0.7% 5.4% 45.00%
5 Yr 2.2%* 0.5% 3.3% 44.32%
10 Yr N/A* 0.4% 2.2% N/A

* Annualized

Return Ranking - Calendar

Period LAOXX Return Category Return Low Category Return High Rank in Category (%)
2023 0.0% -0.1% 5.0% 86.29%
2022 0.0% 0.0% 1.2% 89.09%
2021 0.0% 0.0% 0.0% 89.29%
2020 0.0% 0.0% 0.4% 89.16%
2019 0.0% 0.0% 2.0% 88.99%

Total Return Ranking - Trailing

Period LAOXX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.0% 0.5% 10.4% 46.53%
1 Yr 5.0% 0.5% 10.4% 49.63%
3 Yr 3.6%* 0.7% 5.4% 45.00%
5 Yr 2.2%* 0.5% 3.3% 44.32%
10 Yr N/A* 0.4% 2.2% N/A

* Annualized

Total Return Ranking - Calendar

Period LAOXX Return Category Return Low Category Return High Rank in Category (%)
2023 5.1% 0.8% 5.9% 40.10%
2022 1.4% 0.0% 1.7% 29.61%
2021 0.0% 0.0% 1.9% 32.42%
2020 0.4% 0.0% 3.0% 54.52%
2019 1.9% 0.0% 3797.9% 54.72%

NAV & Total Return History


LAOXX - Holdings

Concentration Analysis

LAOXX Category Low Category High LAOXX % Rank
Net Assets 871 M 818 K 211 B 33.66%
Number of Holdings 27 1 346 72.21%
Net Assets in Top 10 325 M 147 K 163 B 88.59%
Weighting of Top 10 70.83% 22.7% 100.0% 43.62%

Top 10 Holdings

  1. Ing Financial Market Rprp 12.47%
  2. Ing Financial Market Rprp 12.47%
  3. Ing Financial Market Rprp 12.47%
  4. Ing Financial Market Rprp 12.47%
  5. Ing Financial Market Rprp 12.47%
  6. Ing Financial Market Rprp 12.47%
  7. Ing Financial Market Rprp 12.47%
  8. Ing Financial Market Rprp 12.47%
  9. Ing Financial Market Rprp 12.47%
  10. Ing Financial Market Rprp 12.47%

Asset Allocation

Weighting Return Low Return High LAOXX % Rank
Cash
78.89% 25.56% 100.00% 33.91%
Bonds
11.31% 0.00% 74.44% 85.15%
Convertible Bonds
9.80% 0.00% 21.22% 3.47%
Stocks
0.00% 0.00% 0.00% 88.86%
Preferred Stocks
0.00% 0.00% 0.00% 88.86%
Other
0.00% -1.67% 0.04% 87.62%

Bond Sector Breakdown

Weighting Return Low Return High LAOXX % Rank
Cash & Equivalents
78.89% 0.00% 100.00% 31.68%
Government
11.31% 0.00% 44.01% 84.41%
Corporate
9.80% 0.00% 100.00% 6.44%
Derivative
0.00% 0.00% 0.00% 88.86%
Securitized
0.00% 0.00% 1.75% 89.11%
Municipal
0.00% 0.00% 22.71% 90.35%

Bond Geographic Breakdown

Weighting Return Low Return High LAOXX % Rank
US
11.31% 0.00% 72.86% 84.65%
Non US
0.00% 0.00% 3.41% 89.36%

LAOXX - Expenses

Operational Fees

LAOXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.52% 0.07% 2.23% 30.20%
Management Fee 0.25% 0.03% 0.50% 85.40%
12b-1 Fee 0.20% 0.00% 1.00% 54.97%
Administrative Fee N/A 0.01% 0.55% N/A

Sales Fees

LAOXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 5.75% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

LAOXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 5.00% 5.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

LAOXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 485.00% N/A

LAOXX - Distributions

Dividend Yield Analysis

LAOXX Category Low Category High LAOXX % Rank
Dividend Yield 4.33% 0.00% 5.42% 50.99%

Dividend Distribution Analysis

LAOXX Category Low Category High Category Mod
Dividend Distribution Frequency None Monthly Monthly Monthly

Net Income Ratio Analysis

LAOXX Category Low Category High LAOXX % Rank
Net Income Ratio 0.01% -1.09% 1.67% 73.42%

Capital Gain Distribution Analysis

LAOXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

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LAOXX - Fund Manager Analysis

Managers

Management Team


Start Date

Tenure

Tenure Rank

Sep 03, 2013

8.75

8.8%

Team Managed

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 46.68 15.23 19.01