Legg Mason Partners Institutional Trust
04/17/2026 | Press release | Distributed by Public on 04/17/2026 07:08
Prospectus by Investment Company (Form 497)
WSMAS-P1 04/26
LEGG MASON PARTNERS INSTITUTIONAL TRUST
SUPPLEMENT DATED APRIL 17, 2026
TO THE PROSPECTUS AND
STATEMENT OF ADDITIONAL INFORMATION ("SAI")
DATED JULY 1, 2025, OF
WESTERN ASSET SMASH SERIES C FUND (THE "FUND")
SUPPLEMENT DATED APRIL 17, 2026
TO THE PROSPECTUS AND
STATEMENT OF ADDITIONAL INFORMATION ("SAI")
DATED JULY 1, 2025, OF
WESTERN ASSET SMASH SERIES C 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 Prospectus:
|
Investment professional |
Title |
Investment |
|
Dan Alexander |
Deputy CIO, Portfolio Manager |
May 2026 |
|
Molly Schwartz |
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 |
|
Dan Alexander |
Portfolio Manager and has been employed by Western Asset as an investment professional for at least the past five years |
May 2026 |
|
Molly Schwartz |
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 ($) |
Number of |
Assets |
|
Dan Alexander* |
Registered Investment Companies |
4 |
1.02 |
None |
None |
|
Other Pooled Investment Vehicles |
9 |
6.90 |
None |
None |
|
|
Other Accounts |
53 |
22.87 |
4 |
1.51 |
|
|
Molly Scwartz* |
Registered Investment Companies |
4 |
1.02 |
None |
None |
|
Other Pooled Investment Vehicles |
9 |
6.90 |
None |
None |
|
|
Other Accounts |
54 |
24.73 |
4 |
1.51 |
* The information is as of March 31, 2026.
IV. The following is added to the table in the section titled "Investment Professionals - Investment Professional Securities Ownership" in the Fund's SAI:
|
Investment Professionals |
Dollar Range of Ownership of Securities ($) |
|
Dan Alexander* |
None |
|
Molly Schwartz* |
None |
* The information is as of March 31, 2026.
V. The following footnote is added following each reference to Julien Scholnick in the Summary Prospectus, Prospectus and SAI of each fund listed in Schedule A:
* Effective September 30, 2026, Julien Scholnick will step down as a member of the investment professional team for the fund.
Please retain this supplement for future reference.
Legg Mason Partners Institutional Trust 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]