# Portfolio overlap — LWAIX vs VFSTX Comparing **Western Asset Ultra-Short Income Fund** (2026-02-27) and **VANGUARD SHORT-TERM INVESTMENT-GRADE FUND** (2026-01-31). - Shared positions: 93 - Western Asset Ultra-Short Income Fund covered by VANGUARD SHORT-TERM INVESTMENT-GRADE FUND: 0.05431755369455490756244364577 - VANGUARD SHORT-TERM INVESTMENT-GRADE FUND covered by Western Asset Ultra-Short Income Fund: 0.05431755369455490756244364579 ## Western Asset Ultra-Short Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | Western Asset Premier Institutional Government Reserves | 0.053055 | | | US TREASURY N/B | 0.035026 | | | Swedbank Sparbanken Svenge Ab 3.75% CP 22/07/2026 | 0.013099 | | | Credit Agricole Corporate & Investment Bank New York Branch 3.8% CP 22/07/2026 | 0.010921 | | | CITIGROUP INC | 0.010509 | | | MARS INC SR UNSECURED 144A 03/28 4.6 | 0.009372 | ✓ | | TORONTO DOM BANK | 0.007847 | | | Freddie Mac Non Gold Pool | 0.007126 | | | MORGAN STANLEY | 0.006541 | ✓ | | Government National Mortgage Association | 0.006218 | | | RTX CORP SR UNSECURED 11/26 5.75 | 0.006006 | | | HUMANA INC | 0.005921 | | | APPLE INC | 0.005919 | | | ROYAL BK CANADA | 0.005749 | | | BANCO SANTANDER | 0.005679 | | | ENTERPRISE FLEET FINANCING LLC EFF 2023 1 A3 144A | 0.005500 | | | AIR LEASE CORP | 0.005424 | | | SOUTHERN CAL ED | 0.005414 | ✓ | | LAS VEGAS SAN | 0.005413 | | | ABBVIE INC | 0.005355 | | | WELLS FARGO CO | 0.005203 | ✓ | | LAS VEGAS SAN | 0.004999 | | | MORGAN STANLEY | 0.004971 | ✓ | | PACIFIC GAS&ELEC | 0.004959 | ✓ | | ARI Fleet Lease Trust, Series 2025-B, Class A2 | 0.004898 | | | GMCAR 2022-4 A4 | 0.004714 | | | UNITEDHEALTH GRP | 0.004583 | | | AERCAP IRELAND | 0.004562 | | | BANK OF AMER CRP | 0.004540 | ✓ | | ENERGY TRANS | 0.004428 | ✓ | | WELLS FARGO CO | 0.004383 | ✓ | | MO 6.2 11/01/28 | 0.004379 | ✓ | | BAT CAPITAL CORP | 0.004330 | ✓ | | META PLATFORMS | 0.004317 | ✓ | | FORDF 2023-1 A1 144A 4.92% 05-15-28 | 0.004277 | | | EQT CORP | 0.004266 | | | AERCAP IRELAND | 0.004196 | ✓ | | ELI LILLY & CO | 0.004109 | | | CPGX 6.042 08/15/28 | 0.004109 | | | Teva Pharmaceutical Industries Ltd. | 0.004077 | ✓ | | Western Midstream Oper Lp Sr Glb 4.65% Due 07/01/2026 | 0.004062 | | | FNMA GTD MTG PASS THRU CTF SOFR30A+ 08/25/2054 | 0.004014 | | | PFS Financing Corporation 5.71%, Due 05/15/2028 | 0.003984 | | | GOLDMAN SACHS GP | 0.003977 | ✓ | | NSLT 2025-1A A1 | 0.003907 | | | NELNET STUDENT LOAN TRUST NSLT 2015 3A A2 144A | 0.003891 | | | BANK OF AMER CRP | 0.003890 | ✓ | | INTEL CORP | 0.003801 | | | PHILIP MORRIS IN | 0.003760 | ✓ | | FR RB5145 | 0.003757 | | ## VANGUARD SHORT-TERM INVESTMENT-GRADE FUND — top positions | Security | Weight | Shared | |----------|--------|--------| | US TREASURY N/B | 0.007858 | | | US TREASURY N/B | 0.007126 | | | Vanguard Market Liquidity Fund | 0.006747 | | | US TREASURY N/B | 0.006103 | | | ABBVIE INC | 0.005884 | | | BOEING CO | 0.005747 | | | US TREASURY N/B | 0.005738 | | | US TREASURY N/B | 0.005516 | | | US TREASURY N/B | 0.005380 | | | US TREASURY N/B | 0.005200 | | | US TREASURY N/B | 0.004970 | | | US TREASURY N/B | 0.004948 | | | US TREASURY N/B | 0.004785 | | | US TREASURY N/B | 0.004769 | | | PFIZER INVSTMNT | 0.004401 | | | MARS INC SR UNSECURED 144A 03/28 4.6 | 0.003806 | ✓ | | UNITED MEXICAN | 0.003641 | | | META PLATFORMS | 0.003543 | ✓ | | BAT INTL FINANCE | 0.003410 | | | MARS INC | 0.003189 | | | NETFLIX INC | 0.003172 | | | Mexico Government International Bonds | 0.003105 | | | LOWE'S COS INC | 0.003018 | | | AMGEN INC | 0.002878 | | | REGIONS FINL | 0.002827 | | | ORACLE CORP | 0.002793 | ✓ | | MORGAN STANLEY | 0.002743 | | | BAT CAPITAL CORP | 0.002691 | ✓ | | KSA SUKUK LTD | 0.002662 | | | UNITED MEXICAN | 0.002645 | | | COF V5.463 07/26/30 | 0.002599 | | | US TREASURY N/B | 0.002585 | | | The Goldman Sachs Group, Inc. 4.153 10/21/2029 | 0.002577 | | | AT&T INC | 0.002543 | | | UBS GROUP | 0.002504 | | | AMEREN CORP | 0.002503 | | | PNC FINANCIAL | 0.002496 | | | SAUDI INTERNATIONAL BOND 5.125000% 01/13/2028 | 0.002474 | | | US TREASURY N/B | 0.002389 | | | ROYAL BK CANADA | 0.002345 | | | NORTHROP GRUMMAN | 0.002345 | | | GOLDMAN SACHS GP | 0.002341 | | | GOLDMAN SACHS GP | 0.002339 | | | SPRINT CAP CORP | 0.002331 | | | GOLDMAN SACHS GP | 0.002308 | | | US TREASURY N/B | 0.002284 | | | FIFTH THIRD BANC | 0.002257 | | | US TREASURY N/B | 0.002234 | | | ABBVIE INC | 0.002212 | | | T-MOBILE USA INC | 0.002203 | | ## Sources - N-PORT (fund A) — accession `0000940400-26-014746` (as of 2026-02-27) - N-PORT (fund B) — accession `0000106444-26-000145` (as of 2026-01-31) --- _Informational only — not investment advice. 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