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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
2.2%
1 yr return
5.2%
3 Yr Avg Return
0.4%
5 Yr Avg Return
1.2%
Net Assets
$589 M
Holdings in Top 10
21.9%
Expense Ratio 0.75%
Front Load 2.25%
Deferred Load N/A
Turnover 58.00%
Redemption Fee N/A
Standard (Taxable)
$1,000
IRA
$250
Fund Type
Open End Mutual Fund
Name
As of 07/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Period | SBSTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.2% | -0.5% | 14.2% | 74.91% |
1 Yr | 5.2% | 1.7% | 19.2% | 72.23% |
3 Yr | 0.4%* | -6.1% | 4.3% | 65.33% |
5 Yr | 1.2%* | -4.2% | 4.8% | 72.76% |
10 Yr | 1.4%* | -19.2% | 170.0% | 60.47% |
* Annualized
Period | SBSTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.4% | -1.6% | 7.6% | 67.67% |
2022 | -7.0% | -17.7% | -2.6% | 48.95% |
2021 | -2.0% | -4.0% | 4.4% | 71.94% |
2020 | 1.5% | -7.1% | 7.6% | 58.18% |
2019 | 1.8% | -2.3% | 9.3% | 56.37% |
Period | SBSTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.2% | -0.5% | 14.2% | 74.91% |
1 Yr | 5.2% | 1.7% | 19.2% | 72.23% |
3 Yr | 0.4%* | -6.1% | 4.3% | 65.33% |
5 Yr | 1.2%* | -4.2% | 4.8% | 72.76% |
10 Yr | 1.4%* | -19.2% | 170.0% | 60.47% |
* Annualized
Period | SBSTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.2% | 1.8% | 15.2% | 62.59% |
2022 | -4.9% | -17.3% | -1.3% | 49.90% |
2021 | -0.4% | -2.7% | 7.7% | 64.23% |
2020 | 3.9% | -2.4% | 14.5% | 58.59% |
2019 | 4.5% | 0.6% | 12.6% | 55.32% |
SBSTX | Category Low | Category High | SBSTX % Rank | |
---|---|---|---|---|
Net Assets | 589 M | 14.5 K | 57.3 B | 65.73% |
Number of Holdings | 590 | 2 | 8691 | 35.77% |
Net Assets in Top 10 | 129 M | 993 K | 6.33 B | 67.42% |
Weighting of Top 10 | 21.88% | 2.1% | 103.0% | 59.55% |
Weighting | Return Low | Return High | SBSTX % Rank | |
---|---|---|---|---|
Bonds | 91.75% | 0.00% | 131.18% | 36.14% |
Convertible Bonds | 4.80% | 0.00% | 27.71% | 16.32% |
Other | 4.40% | -0.97% | 69.02% | 59.36% |
Cash | 3.96% | -20.59% | 55.85% | 42.88% |
Stocks | 0.00% | 0.00% | 99.97% | 86.14% |
Preferred Stocks | 0.00% | 0.00% | 23.26% | 85.58% |
Weighting | Return Low | Return High | SBSTX % Rank | |
---|---|---|---|---|
Corporate | 51.78% | 0.00% | 99.82% | 27.58% |
Securitized | 29.66% | 0.00% | 97.27% | 36.40% |
Government | 9.68% | 0.00% | 73.63% | 68.86% |
Cash & Equivalents | 3.96% | 0.00% | 55.85% | 39.70% |
Municipal | 0.00% | 0.00% | 17.46% | 91.56% |
Derivative | -0.21% | -0.33% | 28.32% | 99.06% |
Weighting | Return Low | Return High | SBSTX % Rank | |
---|---|---|---|---|
US | 91.75% | 0.00% | 130.36% | 34.83% |
Non US | 0.00% | 0.00% | 82.77% | 85.77% |
SBSTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.75% | 0.01% | 3.24% | 42.48% |
Management Fee | 0.35% | 0.00% | 1.19% | 60.49% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 51.09% |
Administrative Fee | N/A | 0.01% | 0.41% | N/A |
SBSTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 2.25% | 0.50% | 5.75% | 71.05% |
Deferred Load | N/A | 0.50% | 4.00% | N/A |
SBSTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | 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.
SBSTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 58.00% | 2.00% | 500.00% | 36.54% |
SBSTX | Category Low | Category High | SBSTX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.68% | 0.00% | 11.11% | 56.74% |
SBSTX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Quarterly | Monthly | Monthly |
SBSTX | Category Low | Category High | SBSTX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.73% | -1.27% | 4.98% | 75.48% |
SBSTX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Apr 30, 2024 | $0.011 | OrdinaryDividend |
Mar 28, 2024 | $0.012 | OrdinaryDividend |
Feb 29, 2024 | $0.010 | OrdinaryDividend |
Jan 31, 2024 | $0.011 | OrdinaryDividend |
Dec 29, 2023 | $0.012 | OrdinaryDividend |
Nov 30, 2023 | $0.011 | OrdinaryDividend |
Oct 31, 2023 | $0.011 | OrdinaryDividend |
Sep 29, 2023 | $0.011 | OrdinaryDividend |
Aug 31, 2023 | $0.011 | OrdinaryDividend |
Jul 31, 2023 | $0.010 | OrdinaryDividend |
Jun 30, 2023 | $0.011 | OrdinaryDividend |
May 31, 2023 | $0.010 | OrdinaryDividend |
Apr 28, 2023 | $0.009 | OrdinaryDividend |
Mar 31, 2023 | $0.011 | OrdinaryDividend |
Feb 28, 2023 | $0.009 | OrdinaryDividend |
Jan 31, 2023 | $0.009 | OrdinaryDividend |
Dec 30, 2022 | $0.009 | OrdinaryDividend |
Nov 30, 2022 | $0.009 | OrdinaryDividend |
Oct 31, 2022 | $0.007 | OrdinaryDividend |
Sep 30, 2022 | $0.008 | OrdinaryDividend |
Aug 31, 2022 | $0.007 | OrdinaryDividend |
Jul 29, 2022 | $0.006 | OrdinaryDividend |
Jun 30, 2022 | $0.006 | OrdinaryDividend |
May 31, 2022 | $0.005 | OrdinaryDividend |
Apr 29, 2022 | $0.005 | OrdinaryDividend |
Mar 31, 2022 | $0.005 | OrdinaryDividend |
Feb 28, 2022 | $0.004 | OrdinaryDividend |
Jan 31, 2022 | $0.004 | OrdinaryDividend |
Dec 31, 2021 | $0.005 | OrdinaryDividend |
Nov 30, 2021 | $0.008 | OrdinaryDividend |
Oct 29, 2021 | $0.004 | OrdinaryDividend |
Sep 30, 2021 | $0.004 | OrdinaryDividend |
Aug 31, 2021 | $0.004 | OrdinaryDividend |
Jul 30, 2021 | $0.004 | OrdinaryDividend |
Jun 30, 2021 | $0.004 | OrdinaryDividend |
May 28, 2021 | $0.004 | OrdinaryDividend |
Apr 30, 2021 | $0.005 | OrdinaryDividend |
Mar 31, 2021 | $0.005 | OrdinaryDividend |
Feb 26, 2021 | $0.005 | OrdinaryDividend |
Jan 29, 2021 | $0.005 | OrdinaryDividend |
Dec 31, 2020 | $0.006 | OrdinaryDividend |
Nov 30, 2020 | $0.013 | OrdinaryDividend |
Oct 30, 2020 | $0.006 | OrdinaryDividend |
Sep 30, 2020 | $0.005 | OrdinaryDividend |
Aug 31, 2020 | $0.005 | OrdinaryDividend |
Jul 31, 2020 | $0.007 | OrdinaryDividend |
Jun 30, 2020 | $0.006 | OrdinaryDividend |
May 29, 2020 | $0.007 | OrdinaryDividend |
Apr 30, 2020 | $0.007 | OrdinaryDividend |
Mar 31, 2020 | $0.007 | OrdinaryDividend |
Feb 28, 2020 | $0.006 | OrdinaryDividend |
Jan 31, 2020 | $0.008 | OrdinaryDividend |
Dec 31, 2019 | $0.007 | OrdinaryDividend |
Nov 29, 2019 | $0.009 | OrdinaryDividend |
Oct 31, 2019 | $0.008 | OrdinaryDividend |
Sep 30, 2019 | $0.007 | OrdinaryDividend |
Aug 30, 2019 | $0.009 | OrdinaryDividend |
Jul 31, 2019 | $0.009 | OrdinaryDividend |
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
Start Date
Tenure
Tenure Rank
Jun 30, 2016
5.92
5.9%
– Western Asset Management Company, LLC – Portfolio Manager, 2012- – U.S. Department of the Treasury – Acting Assistant Secretary for Economic Policy; Deputy Assistant Secretary for Microeconomic Analysis; Senior Advisor in the Office of Economic Policy, 2009-2011 – University of California, Berkeley, PhD Economics – Dartmouth College, B.A. Economics, magna cum laude – Chartered Financial Analyst
Start Date
Tenure
Tenure Rank
May 01, 2018
4.08
4.1%
Frederick R. Marki is a Portfolio manager of Western since 2005. He began his investment career in 1983 and has a BS from the Massachusetts Institute of Technology. Marki joined Western Asset in 2006. Prior to this, Marki was a director of Citigroup Asset Management and investment officer of the manager. and its predecessor companies.
Start Date
Tenure
Tenure Rank
May 01, 2018
4.08
4.1%
– Western Asset Management Company, LLC – Portfolio Manager, 2003- – Salomon Smith Barney – Associate, Private Client Group, 2000-2001 – Digital Coast Partners – Senior Analyst, 1999-2000 – Arthur Andersen, LLP – Senior Analyst, 1997-1999 – Cornell University, M.B.A. – University of California, Los Angeles, B.A., magna cum laude – Chartered Financial Analyst
Start Date
Tenure
Tenure Rank
May 01, 2018
4.08
4.1%
– Western Asset Management Company, LLC – Portfolio Manager, 2005- – Citigroup Asset Management – Portfolio Manager, 1986-2005 – Brown Brothers Harriman & Co. – Portfolio Manager, 1981-1986 – New York Life Ins. – Analyst, 1978-1980 – Pace University, M.B.A. – Rider University, B.S.
Start Date
Tenure
Tenure Rank
Sep 01, 2021
0.75
0.8%
Portfolio Manager and has been employed by Western Asset as an investment professional for at least the past five years
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 28.77 | 6.16 | 2.41 |
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