# Portfolio overlap — LWARX vs VFSTX

Comparing **Western Asset Short-Term Bond Fund** (2026-03-31) and **VANGUARD SHORT-TERM INVESTMENT-GRADE FUND** (2026-01-31).

- Shared positions: 83
- Western Asset Short-Term Bond Fund covered by VANGUARD SHORT-TERM INVESTMENT-GRADE FUND: 0.05441351998773339652563478163
- VANGUARD SHORT-TERM INVESTMENT-GRADE FUND covered by Western Asset Short-Term Bond Fund: 0.05441351998773339652563478166

## Western Asset Short-Term Bond Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| US TREASURY N/B | 0.043547 |  |
| US TREASURY N/B | 0.024087 |  |
| US TREASURY N/B | 0.020699 |  |
| US TREASURY N/B | 0.011285 |  |
| US TREASURY N/B | 0.010085 |  |
| Government National Mortgage Association | 0.009696 |  |
| MARS INC SR UNSECURED 144A 03/28 4.6 | 0.009661 | ✓ |
| ROYAL BK CANADA | 0.008847 |  |
| QUEST DIAGNOSTICS INC SR UNSECURED 12/27 4.6 | 0.008546 | ✓ |
| CVS HEALTH CORP | 0.008434 | ✓ |
| RTX CORP SR UNSECURED 11/26 5.75 | 0.008152 |  |
| UNITEDHEALTH GRP | 0.007913 |  |
| SOUTHERN CAL ED | 0.007424 | ✓ |
| FNMA GTD MTG PASS THRU CTF SOFR30A+ 08/25/2054 | 0.007304 |  |
| Federal National Mortgage Association | 0.006906 |  |
| VERIZON COMM INC | 0.006818 |  |
| CITIGROUP INC | 0.006790 |  |
| BANK 2023-BNK45 A5 | 0.006767 |  |
| FR RB5145 | 0.006564 |  |
| CONTINENTAL RESOURCES REGD 144A P/P 2.26800000 | 0.006422 | ✓ |
| SREIT TRUST 2021-MFP2 SER 2021-MFP2 CL A V/R REGD 144A P/P 4.89528000 | 0.006102 |  |
| HSBC HOLDINGS | 0.005919 | ✓ |
| HUMANA INC | 0.005917 |  |
| ARI Fleet Lease Trust, Series 2025-B, Class A2 | 0.005890 |  |
| AXIS EQUIPMENT FINANCE RECEIVA AXIS 2024 1A B 144A | 0.005773 |  |
| CENTERPOINT HOUS | 0.005727 | ✓ |
| GMCAR 2022-4 A4 | 0.005699 |  |
| COTERRA ENERGY | 0.005687 | ✓ |
| BDS 2021-FL10 Ltd | 0.005572 |  |
| CITIBANK NA | 0.005547 | ✓ |
| FORDF 2023-1 A1 144A 4.92% 05-15-28 | 0.005522 |  |
| Fannie Mae Pool | 0.005499 |  |
| Navient Student Loan Trust 5.28867 03/25/2066 | 0.005483 |  |
| GEORGIA POWER | 0.005473 |  |
| EQT CORP | 0.005463 |  |
| PHILIP MORRIS IN | 0.005379 |  |
| BANK, Series 2022-BNK39, Class XA | 0.005271 |  |
| MERCEDES BENZ FIN NA COMPANY GUAR 144A 08/27 4.75 | 0.005250 |  |
| BMW US CAP LLC | 0.005149 |  |
| PFS Financing Corporation 5.71%, Due 05/15/2028 | 0.005102 |  |
| LOWE'S COS INC | 0.004987 | ✓ |
| BMARK 2021-B31 A5 | 0.004958 |  |
| AIR LEASE CORP | 0.004668 |  |
| ROCHE HOLDINGS INC REGD 144A P/P 4.79000000 | 0.004635 | ✓ |
| BNP Paribas | 0.004606 | ✓ |
| META PLATFORMS | 0.004587 | ✓ |
| Government National Mortgage Association | 0.004544 |  |
| PHILIP MORRIS IN | 0.004414 | ✓ |
| ORACLE CORP | 0.004401 | ✓ |
| Black Diamond CLO 2024-1 Ltd | 0.004392 |  |

## 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 `0000940400-26-021646` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/764624/000094040026021646/0000940400-26-021646-index.htm>
- N-PORT (fund B) — accession `0000106444-26-000145` (as of 2026-01-31)
  <https://www.sec.gov/Archives/edgar/data/106444/000010644426000145/0000106444-26-000145-index.htm>

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