Western Asset Worldwide Income:SBW

    Overview

    As of 10/29/2014

     Share
    Price
    NAVPremium/
    Discount
    Current$12.17$14.06-13.44%
    52 Wk Avg$12.45$14.15-12.07%
    52 Wk High$13.22$14.68-9.33%
    52 Wk Low$11.60$13.57-14.99%
    Regular Distribution Type*Managed Distribution
    Distribution Rate7.89%
    Distribution Amount$0.0800
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks high current income through investment in high yield foreign government debt securities

    Capital Structure

    As of 10/29/2014

    Total Net Assets:$204.901M
    Total Common Assets:$183.029M
    Common Shares Outstanding:13,017,723
    Leverage

    As of 6/30/2014

    Preferred Share Assets:
    Type of Preferred:
    Total Debt (USD): $21.000M
    Structural Leverage (USD): $21.000M
    Structural Leverage (%): 10.08%
    Effective Leverage (USD): $22.000M
    Effective Leverage (%): 10.33%
    Preferred Share Rates
    Date Symbol Series Rate Shares
    Annual Expense Ratios

    As of 12/31/2013

      Per Common Share
    Management Fees1.05%
    Other Expenses:0.26%
    Baseline Expense: 1.32%
    Interest Expense:0.05%
    Total: 1.37%

    Fund Management

    Fund Sponsor
    Legg Mason Partners Fund Advisors, LLC

    Basics
    Category:Non-US/Other-Emerging Market Income
    Ticker:SBW
    NAV Ticker:XSBWX
    Average Daily Volume (shares):41,000
    Average Daily Volume (USD):$0.503M
    Inception Date:12/31/1993
    Inception Share Price:$15.00
    Inception NAV:$14.03
    Tender Offer:No
    Term:No
    Fiscal Year End:December 31
    Third Party Links & Reports

    Distributions

    As of 10/29/2014

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC
    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 6/30/2014
    $0.0668
    Annualized Distribution Rate on NAV:
    As of 10/29/2014
    6.83%
    Total Return on NAV (12 months):
    As of 10/29/2014
    5.09%
    Avg. UNII Per Share:
    As of 6/30/2014
    $0.1915
    Avg. Portfolio Coupon:
    As of 10/29/2014
    6.70%
    Total % Portfolio Effectively Leveraged:
    As of 10/29/2014
    10.33%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 10/29/2014

    PeriodAvg Discount
    6 Month-11.42%
    1 Year-12.07%
    3 Year-8.40%
    5 Year-9.10%
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 10/29/2014
    Category: Emerging Market Income Leveraged

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD6.79%7.89%4.54%4.88%
    2013-13.18%-8.64%-9.52%-5.50%
    201217.25%15.60%23.64%21.98%
    201110.79%6.64%1.27%-0.55%
    201011.91%12.86%20.72%17.62%
    200954.25%42.58%63.84%41.77%
    2008-21.26%-20.98%-28.16%-20.58%
    20071.97%4.85%1.03%7.03%
    2006-0.33%8.72%12.32%10.39%
    20057.00%14.92%6.42%13.63%
    200415.04%13.94%6.90%12.56%
    200340.22%39.78%44.54%38.98%
    200213.24%9.62%13.68%15.12%
    200123.41%11.64%  
    200034.56%14.88%  
    199923.98%44.23%  
    1998-20.15%-24.01%  
    199716.48%14.11%  
    199644.16%54.25%  
    199531.16%32.76%  
    1994-26.26%-18.80%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 10/29/2014
    Category: Emerging Market Income Leveraged

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 10/29/2014
    6.70%
    Number of Holdings:
    As of 6/30/2014
    194
    Annual Portfolio Turnover:
    As of 12/31/2013
    24.00%
    Asset Allocation

    As of 6/30/2014 reported by Fund Sponsor

    Top Sectors

    As of 6/30/2014 reported by Fund Sponsor

    Sector%Portfolio
    Debt - Foreign Govt 52.44%
    Debt - Corporate 45.31%
    Net Current Assets 1.82%
    Derivatives (War Opt Fut)0.25%
    Debt - Convertible Bonds 0.18%
    Top Holdings

    As of 6/30/2014 reported by Fund Sponsor

    HoldingValue% Portfolio
    Russian Federation 7.5% 7.50 31 Mar 2030$9.78M4.62%
    Republic Of Venezuela 5.75% 5.75 26 Feb 2016$7.89M3.73%
    Republic Of Turkey 11.875% 11.88 15 Jan 2030$6.56M3.10%
    Pemex Proj Fdg Master Tr 6.625% 6.63 15 Jun 2035$6.53M3.08%
    Brazil(Fed Rep Of) 10% 10.00 01 Jan 2017$6.43M3.03%
    Peru Rep 8.75%$6.06M2.86%
    Indonesia Rep 3.75% 3.75 25 Apr 2022$4.67M2.20%
    Colombia Rep 7.375% 7.38 18 Sep 2037$4.15M1.96%
    Vale Overseas 8.25% 8.25 17 Jan 2034$3.40M1.60%
    Indonesia Rep 5.25% 5.25 17 Jan 2042$2.94M1.39%
    Pinnacle Entertainment Inc. 7.50% 5.95 13 Feb 2023$2.82M1.33%
    Credit Quality

    As of 6/30/2014 reported by Fund Sponsor

    Country Allocation

    As of 6/30/2014 reported by Fund Sponsor

    Country% Portfolio
    Global 46.58%
    Turkey 7.38%
    Venezuela 6.08%
    Russia 6.06%
    Mexico 5.46%
    Indonesia 5.33%
    Peru 3.91%
    Colombia 3.88%
    Brazil 3.49%
    Poland 2.64%
    Chile 1.68%
    Croatia 1.29%
    Argentina 1.05%
    Hungary 1.02%
    Lithuania 1.02%
    Sri Lanka 0.60%
    Ecuador 0.47%
    Costa Rica 0.39%
    Kenya 0.34%
    Nigeria 0.24%
    Ukraine 0.24%
    Gabon 0.23%
    Uruguay 0.22%
    Vietnam 0.14%
    Romania 0.12%
    Panama 0.10%

    CEFConnect.com makes data for the universe of closed-end funds available as a courtesy to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value.

    Data provided by MorningstarData Provided by Morningstar