WAIIX : Western Asset Inflation Indexed Plus Bond Fund Class I

Fund Summary

The investment seeks to maximize total return, consistent with preservation of capital. The fund normally invests at least 80% of its net assets in inflation-indexed fixed income securities and at least 70% of its net assets in U.S. Treasury Inflation Protected Securities. Although the fund may invest in securities of any maturity, the fund will normally maintain a dollar-weighted average effective duration, as estimated by the fund's subadvisers, within 3 years of that of its benchmark, the Bloomberg Barclays U.S. Treasury Inflation-Linked Bond Index.