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Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 07/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
1.4%
1 yr return
4.1%
3 Yr Avg Return
-0.4%
5 Yr Avg Return
1.2%
Net Assets
$2.61 B
Holdings in Top 10
9.7%
Expense Ratio 0.59%
Front Load 2.25%
Deferred Load N/A
Turnover 15.00%
Redemption Fee N/A
Standard (Taxable)
$1,000
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 07/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Period | SBLTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.4% | -3.2% | 18.1% | 37.17% |
1 Yr | 4.1% | -3.1% | 29.1% | 34.30% |
3 Yr | -0.4%* | -11.5% | 3.2% | 21.29% |
5 Yr | 1.2%* | -6.6% | 1102.5% | 19.94% |
10 Yr | 1.9%* | -0.7% | 248.5% | 41.22% |
* Annualized
Period | SBLTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.9% | -1.4% | 41.0% | 45.91% |
2022 | -9.6% | -39.7% | 0.3% | 32.54% |
2021 | 0.3% | -5.6% | 6.9% | 19.92% |
2020 | 1.4% | -2.6% | 310.0% | 65.23% |
2019 | 3.0% | 0.0% | 26.0% | 77.40% |
Period | SBLTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.4% | -3.2% | 18.1% | 37.17% |
1 Yr | 4.1% | -3.1% | 29.1% | 34.30% |
3 Yr | -0.4%* | -11.5% | 3.2% | 21.29% |
5 Yr | 1.2%* | -6.6% | 1102.5% | 19.94% |
10 Yr | 1.9%* | -0.7% | 248.5% | 41.22% |
* Annualized
Period | SBLTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.2% | -1.3% | 41.0% | 36.61% |
2022 | -7.4% | -39.7% | 1.1% | 30.28% |
2021 | 2.6% | -4.8% | 23761504.0% | 22.99% |
2020 | 3.5% | -1.5% | 17057.9% | 59.97% |
2019 | 5.9% | 0.2% | 3514.6% | 65.12% |
SBLTX | Category Low | Category High | SBLTX % Rank | |
---|---|---|---|---|
Net Assets | 2.61 B | 3.22 M | 71.9 B | 13.33% |
Number of Holdings | 724 | 2 | 13203 | 15.41% |
Net Assets in Top 10 | 241 M | -317 M | 3.56 B | 14.57% |
Weighting of Top 10 | 9.73% | 1.4% | 100.2% | 83.01% |
Weighting | Return Low | Return High | SBLTX % Rank | |
---|---|---|---|---|
Bonds | 102.96% | 0.00% | 150.86% | 3.39% |
Other | 0.09% | -3.18% | 33.35% | 9.14% |
Stocks | 0.00% | 0.00% | 100.23% | 81.79% |
Preferred Stocks | 0.00% | 0.00% | 0.56% | 80.01% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 80.00% |
Cash | 0.00% | -50.86% | 46.80% | 96.73% |
Weighting | Return Low | Return High | SBLTX % Rank | |
---|---|---|---|---|
Municipal | 99.78% | 44.39% | 100.00% | 21.44% |
Derivative | 0.09% | -3.18% | 19.67% | 4.05% |
Cash & Equivalents | 0.00% | 0.00% | 46.24% | 90.66% |
Securitized | 0.00% | 0.00% | 5.93% | 80.59% |
Corporate | 0.00% | 0.00% | 9.41% | 82.49% |
Government | 0.00% | 0.00% | 52.02% | 81.38% |
Weighting | Return Low | Return High | SBLTX % Rank | |
---|---|---|---|---|
US | 102.96% | 0.00% | 142.23% | 3.40% |
Non US | 0.00% | 0.00% | 23.89% | 82.30% |
SBLTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.59% | 0.01% | 20.65% | 70.07% |
Management Fee | 0.35% | 0.00% | 1.20% | 28.66% |
12b-1 Fee | 0.15% | 0.00% | 1.00% | 25.56% |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
SBLTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 2.25% | 0.50% | 4.75% | 90.88% |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
SBLTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
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.
SBLTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 15.00% | 0.00% | 283.00% | 43.00% |
SBLTX | Category Low | Category High | SBLTX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.86% | 0.00% | 14.51% | 43.02% |
SBLTX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Monthly | Monthly | Monthly |
SBLTX | Category Low | Category High | SBLTX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.95% | -0.53% | 5.33% | 50.23% |
SBLTX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Date | Amount | Type |
---|---|---|
Apr 30, 2024 | $0.015 | OrdinaryDividend |
Mar 28, 2024 | $0.015 | OrdinaryDividend |
Feb 29, 2024 | $0.014 | OrdinaryDividend |
Jan 31, 2024 | $0.015 | OrdinaryDividend |
Dec 29, 2023 | $0.017 | OrdinaryDividend |
Nov 30, 2023 | $0.015 | OrdinaryDividend |
Oct 31, 2023 | $0.015 | OrdinaryDividend |
Sep 29, 2023 | $0.015 | OrdinaryDividend |
Aug 31, 2023 | $0.015 | OrdinaryDividend |
Jul 31, 2023 | $0.014 | OrdinaryDividend |
Jun 30, 2023 | $0.015 | OrdinaryDividend |
May 31, 2023 | $0.015 | OrdinaryDividend |
Apr 28, 2023 | $0.013 | OrdinaryDividend |
Mar 31, 2023 | $0.016 | OrdinaryDividend |
Feb 28, 2023 | $0.013 | OrdinaryDividend |
Jan 31, 2023 | $0.013 | OrdinaryDividend |
Dec 30, 2022 | $0.015 | OrdinaryDividend |
Nov 30, 2022 | $0.013 | OrdinaryDividend |
Oct 31, 2022 | $0.013 | OrdinaryDividend |
Sep 30, 2022 | $0.013 | OrdinaryDividend |
Aug 31, 2022 | $0.012 | OrdinaryDividend |
Jul 29, 2022 | $0.011 | OrdinaryDividend |
Jun 30, 2022 | $0.011 | OrdinaryDividend |
May 31, 2022 | $0.010 | OrdinaryDividend |
Apr 29, 2022 | $0.010 | OrdinaryDividend |
Mar 31, 2022 | $0.010 | OrdinaryDividend |
Feb 28, 2022 | $0.009 | OrdinaryDividend |
Jan 31, 2022 | $0.009 | OrdinaryDividend |
Dec 31, 2021 | $0.011 | OrdinaryDividend |
Nov 30, 2021 | $0.010 | OrdinaryDividend |
Oct 29, 2021 | $0.011 | OrdinaryDividend |
Sep 30, 2021 | $0.011 | OrdinaryDividend |
Aug 31, 2021 | $0.011 | OrdinaryDividend |
Jul 30, 2021 | $0.012 | OrdinaryDividend |
Jun 30, 2021 | $0.011 | OrdinaryDividend |
May 28, 2021 | $0.011 | OrdinaryDividend |
Apr 30, 2021 | $0.013 | OrdinaryDividend |
Mar 31, 2021 | $0.012 | OrdinaryDividend |
Feb 26, 2021 | $0.011 | OrdinaryDividend |
Jan 29, 2021 | $0.011 | OrdinaryDividend |
Dec 31, 2020 | $0.014 | OrdinaryDividend |
Nov 30, 2020 | $0.012 | OrdinaryDividend |
Oct 30, 2020 | $0.014 | OrdinaryDividend |
Sep 30, 2020 | $0.013 | OrdinaryDividend |
Aug 31, 2020 | $0.013 | OrdinaryDividend |
Jun 30, 2020 | $0.013 | OrdinaryDividend |
May 29, 2020 | $0.014 | OrdinaryDividend |
Apr 30, 2020 | $0.014 | OrdinaryDividend |
Feb 28, 2020 | $0.012 | OrdinaryDividend |
Dec 31, 2019 | $0.014 | OrdinaryDividend |
Nov 29, 2019 | $0.015 | OrdinaryDividend |
Oct 31, 2019 | $0.003 | OrdinaryDividend |
Sep 30, 2019 | $0.014 | OrdinaryDividend |
Aug 30, 2019 | $0.017 | OrdinaryDividend |
Jul 31, 2019 | $0.015 | OrdinaryDividend |
May 28, 2008 | $0.023 | DailyAccrualFund |
Apr 28, 2008 | $0.021 | DailyAccrualFund |
Mar 27, 2008 | $0.021 | DailyAccrualFund |
Feb 27, 2008 | $0.022 | DailyAccrualFund |
Jan 29, 2008 | $0.021 | DailyAccrualFund |
Dec 27, 2007 | $0.021 | DailyAccrualFund |
Nov 30, 2007 | $0.023 | OrdinaryDividend |
Oct 31, 2007 | $0.022 | OrdinaryDividend |
Sep 28, 2007 | $0.019 | OrdinaryDividend |
Aug 31, 2007 | $0.024 | OrdinaryDividend |
Jul 31, 2007 | $0.021 | OrdinaryDividend |
Jun 29, 2007 | $0.022 | OrdinaryDividend |
May 31, 2007 | $0.021 | OrdinaryDividend |
Apr 30, 2007 | $0.020 | OrdinaryDividend |
Mar 30, 2007 | $0.023 | OrdinaryDividend |
Feb 28, 2007 | $0.020 | OrdinaryDividend |
Jan 31, 2007 | $0.021 | OrdinaryDividend |
Dec 29, 2006 | $0.022 | OrdinaryDividend |
Nov 30, 2006 | $0.021 | OrdinaryDividend |
Oct 31, 2006 | $0.022 | OrdinaryDividend |
Sep 29, 2006 | $0.021 | OrdinaryDividend |
Aug 31, 2006 | $0.022 | OrdinaryDividend |
Jul 31, 2006 | $0.022 | OrdinaryDividend |
Jun 30, 2006 | $0.023 | OrdinaryDividend |
May 31, 2006 | $0.022 | OrdinaryDividend |
Apr 28, 2006 | $0.020 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Dec 31, 2004
17.42
17.4%
David T. Fare is a Portfolio Manager at Western Asset. He has been with Western Asset since 2005.
Start Date
Tenure
Tenure Rank
May 31, 2007
15.01
15.0%
– Western Asset Management Company, LLC – Head of Municipals, 2005- – Salomon Brothers Asset Management – Analyst to Managing Director, Portfolio Manager, 1992-2005 – Salomon Brothers Inc. – Accountant to Analyst, 1988-1992 – The Bank of New York – Accountant, 1987-1988 – Columbia University, M.P.A., Advanced Management and Finance – Long Island University, B.S. – Chartered Financial Analyst
Start Date
Tenure
Tenure Rank
Mar 31, 2014
8.17
8.2%
– Western Asset Management Company, LLC – Chief Investment Officer, 1990– – Greenwich Capital Markets – Portfolio Manager, 1988–1990 – The First Boston Corporation – Fixed Income Manager, 1980–1988 – National Bank of Detroit – Portfolio Manager, 1977–1980 – The Wharton School, University of Pennsylvania, M.B.A., B.S., B.A., summa cum laude, 1972–1976
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.37 | 1.58 |
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