Western Asset Funds Inc.
04/17/2026 | Press release | Distributed by Public on 04/17/2026 07:08
Prospectus by Investment Company (Form 497)
90203-P2 04/26
WESTERN ASSET FUNDS, INC.
SUPPLEMENT DATED APRIL 17, 2026
TO THE SUMMARY PROSPECTUS, PROSPECTUS AND
STATEMENT OF ADDITIONAL INFORMATION ("SAI")
DATED MAY 1, 2025, OF
WESTERN ASSET INFLATION INDEXED PLUS BOND FUND (THE "FUND")
SUPPLEMENT DATED APRIL 17, 2026
TO THE SUMMARY PROSPECTUS, PROSPECTUS AND
STATEMENT OF ADDITIONAL INFORMATION ("SAI")
DATED MAY 1, 2025, OF
WESTERN ASSET INFLATION INDEXED PLUS BOND FUND (THE "FUND")
All changes described below are effective May 1, 2026.
I. The following is added to the section titled "Management - Investment professionals" in the Fund's Summary Prospectus and Prospectus, respectively:
|
Investment professional |
Title |
Investment |
|
Mark S. Lindbloom |
Deputy CIO, Portfolio Manager |
May 2026 |
|
Rafael Zielonka |
Portfolio Manager |
May 2026 |
II. The following is added to the section titled "More on fund management - Investment professionals" in the Fund's Prospectus:
|
Investment professional |
Title and recent |
Investment |
|
Mark S. Lindbloom |
Deputy CIO, Portfolio Manager and has been employed by Western Asset as an investment professional for at least the past five years. |
May 2026 |
|
Rafael Zielonka |
Portfolio Manager and has been employed by Western Asset as an investment professional for at least the past five years. |
May 2026 |
III. The following is added to the table in the section titled "Investment Professionals - Other Accounts Managed by the Investment Professionals" in the Fund's SAI:
|
Investment |
Type of Account |
Number of |
Total Assets |
Number of |
Assets |
|
Mark S. Lindbloom* |
Registered Investment Companies |
13 |
9.91 |
None |
None |
|
Other Pooled Investment Vehicles |
11 |
2.52 |
None |
None |
|
|
Other Accounts |
53 |
20.04 |
None |
None |
|
|
Rafael Zielonka* |
Registered Investment Companies |
5 |
4.11 |
None |
None |
|
Other Pooled Investment Vehicles |
5 |
1.45 |
None |
None |
|
|
Other Accounts |
4 |
0.73 |
None |
None |
* The information is as of March 31, 2026.
IV. The following is added to the table in the section titled "Investment Professionals - Investment Professional Securities Ownership" in the Fund's SAI:
|
Investment Professionals |
Dollar Range of Ownership of Securities ($) |
|
Mark S. Lindbloom* |
None |
|
Rafael Zielonka* |
None |
* The information is as of March 31, 2026.
V. The following footnote is added following each reference to Frederick Marki in the Fund's Summary Prospectus, Prospectus and SAI:
* Effective December 31, 2026, Frederick Marki will step down as a member of the investment professional team for the fund.
Please retain this supplement for future reference.
Western Asset Funds Inc. published this content on April 17, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on April 17, 2026 at 13:08 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]