# Portfolio overlap — SDSIX vs QLMYIX

Comparing **Western Asset Income Fund** (2026-01-30) and **Western Asset Variable Global High Yield Bond Portfolio** (2026-03-31).

- Shared positions: 165
- Western Asset Income Fund covered by Western Asset Variable Global High Yield Bond Portfolio: 0.2365438770105452941474180554
- Western Asset Variable Global High Yield Bond Portfolio covered by Western Asset Income Fund: 0.2365438770105452941474180556

## Western Asset Income Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| MCCLATCHY MEDIA CO LLC SR SECURED 144A 12/31 VAR | 0.026559 |  |
| Western Asset Premier Institutional Government Reserves | 0.011775 |  |
| MEXICO UNITED MEXICAN STATES 7.75% 11/23/2034 | 0.010900 |  |
| New Generation Gas Gathering LLC | 0.008747 | ✓ |
| Presidencia da Republica | 0.007303 |  |
| INTER-AMERICAN DEVELOPMENT BANK 7.35% 10-06-30 | 0.007147 |  |
| PM GENERAL PURCHASER LLC SR SECURED 144A 10/28 9.5 | 0.006978 | ✓ |
| OCCIDENTAL PETE | 0.006629 |  |
| ZOOM COMMUNICATIONS INC | 0.005254 |  |
| EchoStar Corp | 0.005072 | ✓ |
| BRAVO MORTGAGE ASSET TRUST BMAT 2006 1A M1 144A | 0.005067 |  |
| Venture Global LNG, Inc. | 0.005063 | ✓ |
| FULL HOUSE RESORTS INC SR SECURED 144A 02/28 8.25 | 0.004994 | ✓ |
| HAYFIN US XV LTD HAYFN 2024-15A D1 | 0.004979 |  |
| OHA Credit Funding 11 Ltd | 0.004956 |  |
| Venture Global Plaquemines LNG, LLC | 0.004862 | ✓ |
| ISPIM 7.8 11/28/53 144A | 0.004804 |  |
| TEVA PHARMACEUTICALS NE REGD 4.10000000 | 0.004674 | ✓ |
| CYH 6.875 04/15/29 144A | 0.004618 | ✓ |
| NRG Energy Inc | 0.004598 | ✓ |
| NATWEST GROUP PLC 4.500000% MATURITY: PERPETUAL | 0.004513 |  |
| SFRFP 6.5 04/15/32 144A | 0.004481 | ✓ |
| Madison Park Funding XXIV Ltd | 0.004452 |  |
| DISH Network Corp | 0.004345 | ✓ |
| WESTERN GAS PART | 0.004245 |  |
| Blueberry Park CLO Ltd | 0.004215 |  |
| X.AI TERM B 1LN 06/28/2030 | 0.004143 |  |
| Freddie Mac Seasoned Credit Risk Transfer Trust Series 2018-2 | 0.004138 |  |
| TUTOR PERINI CRP | 0.004085 |  |
| Federal National Mortgage Association Connecticut Avenue Securities Trust | 0.004033 |  |
| ALTICE FING SA 5.75% 08/15/2029 144A | 0.004017 | ✓ |
| PSTAT 2022-3A CR | 0.004016 |  |
| SUNNOVA HELIOS II ISSUER LLC 2019-A | 0.004012 |  |
| CHTR 7 02/01/33 144A | 0.004003 |  |
| MSAC 2004-NC4 M1 | 0.003979 |  |
| Lloyds Banking Group PLC | 0.003970 |  |
| FMCN 7.25 02/15/34 144A | 0.003887 | ✓ |
| STACR 2022-DNA2 B1 | 0.003713 |  |
| HarborView Mortgage Loan Trust, Series 2005-9, Class 2A1C | 0.003709 |  |
| MASTR Asset Backed Securities Trust 2007-HE2 | 0.003673 |  |
| US TREASURY N/B | 0.003656 |  |
| LRS Holdings LLC Term Loan B | 0.003650 |  |
| Towd Point Mortgage Trust | 0.003497 |  |
| Benchmark 2023-V3 Mortgage Trust | 0.003489 |  |
| CORPBOND | 0.003467 | ✓ |
| RIDE 2025-SHRE D | 0.003449 |  |
| HOME EQUITY ASSET TRUST HEAT 2005 6 M5 | 0.003425 |  |
| PSLOGI 7.875 10/15/29 144A | 0.003420 |  |
| GLOBAU 8.375 01/15/29 144A | 0.003356 |  |
| SWCH COMMERCIAL MORTGAGE TRUST SWCH 2025 DATA A 144A | 0.003355 |  |

## Western Asset Variable Global High Yield Bond Portfolio — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| ISPIM V4.198 06/01/32 | 0.012310 |  |
| First Quantum Minerals Ltd | 0.010738 | ✓ |
| Michaels Cos Inc/The | 0.010321 |  |
| BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX 5.13 01/18/2033 | 0.010260 |  |
| CHARTER COMM OPT | 0.009859 |  |
| PM GENERAL PURCHASER LLC SR SECURED 144A 10/28 9.5 | 0.009758 | ✓ |
| Petroleos Mexicanos | 0.009718 |  |
| ALTICE FING SA 5.75% 08/15/2029 144A | 0.009224 | ✓ |
| MERCADOLIBRE INC SR UNSEC 3.125% 01-14-31 | 0.008976 | ✓ |
| EchoStar Corp | 0.008496 | ✓ |
| Turkiye Government International Bonds | 0.008409 |  |
| Venture Global LNG, Inc. | 0.008374 | ✓ |
| PETROLEOS MEXICANOS REGD 6.62500000 | 0.007905 |  |
| TK Elevator Midco GmbH | 0.007678 |  |
| TEVA PHARMACEUTICALS NE REGD SER . 8.12500000 | 0.007069 |  |
| Marston's Issuer PLC | 0.006852 |  |
| Carnival PLC | 0.006841 |  |
| SV RNO Property Owner 1 LLC | 0.006699 |  |
| DISH DBS CORP SR SECURED 144A 12/28 5.75 | 0.006554 |  |
| NRG Energy Inc | 0.006521 | ✓ |
| Presidence de la Republique de Cote d'Ivoire | 0.006458 |  |
| B3 SA - BRASIL BOLSA BALCAO 144A 4.125000% 09/20/2031 | 0.006423 | ✓ |
| THC 6 11/15/33 144A | 0.006396 |  |
| MARSPE 7.125 12/01/37 144A | 0.006378 |  |
| ARGENTINA | 0.006348 |  |
| Ecuador Government International Bonds | 0.006195 |  |
| VCI ASSET HOLDINGS 1 LLC FIXED TERM LOAN | 0.006013 |  |
| Valor | 0.005970 |  |
| GRNT 8.875 11/05/29 | 0.005888 | ✓ |
| 1261229 BC Ltd | 0.005872 | ✓ |
| TURKTI 7.375 05/20/29 144A | 0.005597 | ✓ |
| AXL 7.75 10/15/33 144A | 0.005519 | ✓ |
| CRGYFN 8 3/8 01/15/34 | 0.005383 | ✓ |
| SUN V7.875 PERP 144A | 0.005350 | ✓ |
| CYH 10.875 01/15/32 144A | 0.005316 |  |
| PROVINCIA DE BUENOS AIRES/GOVERNMENT BONDS MTN 6.625000% 09/01/2037 | 0.005287 | ✓ |
| GRUPO NUTRESA SA COMPANY GUAR 144A 05/30 8 | 0.005247 |  |
| ARCLIN US HOLDING | 0.005083 |  |
| FULL HOUSE RESORTS INC SR SECURED 144A 02/28 8.25 | 0.005051 | ✓ |
| Jane Street Group / JSG Finance Inc. | 0.005025 | ✓ |
| ISATLN 9 09/15/29 144A | 0.005000 | ✓ |
| Verisure Holding AB | 0.004984 |  |
| URI 5.375 11/15/33 144A | 0.004881 |  |
| BANORT 6 5/8 PERP | 0.004845 |  |
| Midcap Financial Issuer Trust | 0.004833 | ✓ |
| LVLT 8.5 01/15/36 144A | 0.004761 | ✓ |
| LLOYDS BANKING GROUP PLC JR SUBORDINA 12/99 VAR | 0.004720 | ✓ |
| BOMBARDIER INC SR UNSECURED 144A 07/31 7.25 | 0.004714 |  |
| SATS 6.75 11/30/30 | 0.004708 |  |
| PETRPE 4.75 06/19/32 144A | 0.004652 |  |


## Sources

- N-PORT (fund A) — accession `0000940400-26-011298` (as of 2026-01-30)
  <https://www.sec.gov/Archives/edgar/data/764624/000094040026011298/0000940400-26-011298-index.htm>
- N-PORT (fund B) — accession `0000940400-26-021639` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/874835/000094040026021639/0000940400-26-021639-index.htm>

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_Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._

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