Western Asset Australian Bond A - Managed Fund

Fund Objective

The Fund aims to earn an after fee return in excess of the Bloomberg AusBond Composite 0 yr Index ('Benchmark') over rolling three-year periods.

Fund Strategy

The Fund aims to earn an after fee return in excess of the Bloomberg AusBond Composite 0 yr Index ('Benchmark') over rolling three-year periods.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}

Peers

Benchmark ({{ fund.benchmark.name }})

{{ fund.model.name }}

The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Grow your money, not your fees

It's fees rather than returns that make the biggest difference to your investment's compounding returns.

Free Fees Report

Investing made simple

Our professionally-tailored investment portfolios consistently beat most of our peers.

Free investor guide

Grow your money, not your fees

It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report

Investing made simple

Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

% p.a.

Average of peers ({{ fund.benchmark.peers.peerCount }})

NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.39%	1.17%	3.27%	4.72%	5.28%	4.34%	0.22%	2.36%
Growth return	0.15%	0.14%	1.48%	1.34%	2.35%	1.69%	-1.86%	-0.44%
Income return	0.24%	1.03%	1.79%	3.38%	2.93%	2.65%	2.08%	2.8%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return	0.33%	1.05%	3.11%	4.31%	4.73%	3.74%	-0.03%	2.14%

As at 31 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Western Asset Australian Bond A

Cash: 3.47%

Fixed Interest: 96.53%

Australian Equities: 0%

International Equities: 0%

Property & Infrastructure: 0%

Alternatives: 0%

Average Allocation of Peers

Cash: 6.57%

Fixed Interest: 92.51%

Australian Equities: 0.63%

International Equities: 0.02%

Property & Infrastructure: 0.02%

Alternatives: 0.25%

General Information

Fund Details

Type	Description
Fund Name	Western Asset Australian Bond A
APIR Code	SSB0122AU
Sector/Asset Class	Bonds - Australia
Morningstar Rating	(as at 31 Aug 2025)
Legal Structure	Investment Fund
Fund Inception	1 Oct 1998
Fund Size	$2154.51 million (as at 23 Sep 2025)
Entry Price	$1.195 (as at 23 Sep 2025)
Exit Price	$1.1938 (as at 23 Sep 2025)
Fund Status	Open

Offer information

Type	Description
MER	0.42% (as at 30 Oct 2023)
Indirect Cost Ratio (ICR)	0.42% (as at 30 Jun 2024)
Performance fee (not included in ICR)	Not Available
Minimum initial investment	$30,000
Minimum additional investments	$5,000.00
Minimum redemption amount

Top 10 holdings (as at 31 Jul 2025)

Holding (as at 31 Jul 2025)	Type	% of Portfolio
Australia (Commonwealth of) 2.75%	Bond - Gov't/Treasury	2.57%
Login now to view the complete list of holdings.

FAQs about the Western Asset Australian Bond A

What is the objective of the Western Asset Australian Bond A managed fund?

The objective of the Western Asset Australian Bond A managed fund is The Fund aims to earn an after fee return in excess of the Bloomberg AusBond Composite 0+yr Index ('Benchmark') over rolling three-year periods.

What is the strategy for the Western Asset Australian Bond A managed fund?

The strategy of the Western Asset Australian Bond A managed fund is The Fund aims to earn an after fee return in excess of the Bloomberg AusBond Composite 0+yr Index ('Benchmark') over rolling three-year periods.

What is the APIR code of the Western Asset Australian Bond A managed fund?

The APIR code of the Western Asset Australian Bond A managed fund is SSB0122AU.

What was Western Asset Australian Bond A’s total return last month?

Western Asset Australian Bond A’s total return last month was 0.39%. This was made up of a growth return of 0.15% and an income return of 0.24%. These returns were calculated as at 31 Aug 2025.

What was Western Asset Australian Bond A’s total return for the last three months?

Western Asset Australian Bond A’s total return for the last three months was 1.17%. This was made up of a growth return of 0.14% and an income return of 1.03%%. These returns were calculated as at 31 Aug 2025.

What is Western Asset Australian Bond A’s one-year total return?

Western Asset Australian Bond A’s one-year total return is 4.72%. This was made up of a growth return of 1.34% and an income return of 3.38%. These returns were calculated as at 31 Aug 2025.

What is Western Asset Australian Bond A’s three-year total return?

Western Asset Australian Bond A’s one-year total return is 4.34%. This was made up of a growth return of 1.69% and an income return of 2.65%. These returns were calculated as at 31 Aug 2025.

What is the asset allocation of the Western Asset Australian Bond A managed fund?

The asset allocation of the Western Asset Australian Bond A managed fund is :

Cash: 3.47%

Fixed Interest: 96.53%

Australian Equities: 0%

International Equities: 0%

Property & Infrastructure: 0%

Alternatives: 0%

What sector/asset class does the Western Asset Australian Bond A managed fund belong to?

The Western Asset Australian Bond A managed fund belongs to the Bonds - Australia sector/asset class.

What is the size of the Western Asset Australian Bond A managed fund?

As at 23 Sep 2025, the size of the Western Asset Australian Bond A managed fund was $2154.51 million.

What is the inception date of the Western Asset Australian Bond A managed fund?

The Western Asset Australian Bond A managed fund has an inception date of 1 Oct 1998.

What is the current entry price of the Western Asset Australian Bond A managed fund?

The current entry price of the Western Asset Australian Bond A managed fund is $1.195 per unit and the current exit price is $1.1938 per unit (as at 23 Sep 2025).

What is the current exit price of the Western Asset Australian Bond A managed fund?

The current exit price of the Western Asset Australian Bond A managed fund is $1.1938 per unit and the current entry price is $1.195 per unit (as at 23 Sep 2025).

What is the minimum investment amount for the Western Asset Australian Bond A managed fund?

The minimum initial investment amount for the Western Asset Australian Bond A managed fund is $30,000. Minimum additional investment is $5000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

What our members say about us