PAI Profile
Western Asset Income Fund is a closed-ended fixed income mutual fund that is overseen by Western Asset Management Company and co-managed by Western Asset Management Company Limited. This fund focuses on investing in the fixed income markets within the United States. Its primary investments are in investment grade debt instruments, which include government securities, bank debt, commercial paper, and cash equivalents. The fund compares its performance against benchmarks like the Barclays U.S. Corporate High Yield Index and the Barclays U.S. Credit Index to gauge its investment outcomes.
Established on March 22, 1973, Western Asset Income Fund operates as a key player in the fixed income investment landscape, aiming to deliver consistent returns through its strategic allocations in diversified debt securities. The fund's management by Western Asset Management Company, renowned for its expertise in fixed income strategies, underscores its commitment to prudent investment practices and achieving financial objectives for its investors. Headquartered in the United States, the fund continues to uphold its longstanding reputation in the financial markets.
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