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Legg Mason Western Asset Ultra-Short Duration ETF registers with SEC
By Toni Weeks
San Diego, Nov. 23 - Legg Mason ETF Trust has completed the registration for its Legg Mason Western Asset Ultra-Short Duration ETF, according to an N-1A filing with the Securities and Exchange Commission.
The fund seeks current income by investing, under normal circumstances, primarily in dollar-denominated, short-term, investment-grade fixed-income securities.
Fees have not yet been set for the fund.
The fund's investment manager is Baltimore-based Legg Mason Partners Fund Advisor, LLC.
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