# EDGAR Filing Document

**Accession Number:** 0000889512
**File Stem:** 0001193125-25-309417
**Filing Date:** 2025-12
**Character Count:** 16908
**Document Hash:** b5213def754f15400eecbfda64b7922c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-309417.hdr.sgml**: 20251205

**ACCESSION NUMBER**: 0001193125-25-309417

**CONFORMED SUBMISSION TYPE**: N-MFP3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20251205

**DATE AS OF CHANGE**: 20251205

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LEGG MASON PARTNERS INSTITUTIONAL TRUST
- **CENTRAL INDEX KEY:** 0000889512

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** N-MFP3
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06740
- **FILM NUMBER:** 251552492

**BUSINESS ADDRESS:**
- **STREET 1:** LEGG MASON & CO., LLC
- **STREET 2:** 620 EIGHTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018
- **BUSINESS PHONE:** 1-877-721-1926

**MAIL ADDRESS:**
- **STREET 1:** LEGG MASON & CO., LLC
- **STREET 2:** 620 EIGHTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CITIFUNDS INSTITUTIONAL TRUST
- **DATE OF NAME CHANGE:** 19981030

## Series and Classes Contracts Data

### Western Asset Premier Institutional Government Reserves (Series ID: S000066839)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000215193 | Premium Shares | WACXX           |
| C000215194 | Capital Shares | WABXX           |

# Form N-MFP3: Monthly Schedule of Portfolio Holdings

## N-MFP: Filer Information
**Submission Type:** N-MFP3
**CIK:** 0000889512

### General Information

**Report for (YYYY-MM-DD):** 2025-11-30

**Registrant Full Name:** Legg Mason Partners Institutional Trust

**CIK Number of Registrant:** 0000889512

**LEI of Registrant:** 54930003LJE4ZPPMRV82

**Name of Series:** Western Asset Premier Institutional Government Reserves

**LEI of Series:** 549300WB3XRN9YTWFB76

**EDGAR Series Identifier:** S000066839

**Total number of share classes in the series:** 2

**Is this the fund's final filing on Form N-MFP?:** No

**Has the fund acquired or merged with another fund?:** No

## Part A: Series-Level Information about the Fund

### Service Providers
| Role                          | Details                                                      | File/CIK Number   |
|:---|:---|:---|
| Investment Adviser            | Franklin Templeton Fund Adviser LLC                          | 801-66785         |
| Independent Public Accountant | PricewaterhouseCoopers LLP<br>City: Baltimore<br>State: MD   |  |
| Transfer Agent                | BNY Mellon Investment Servicing (US) Inc.<br>CIK: 0000849542 | 084-01761         |

### Fund Characteristics & Assets

- **Securities Act File Number:** 033-49552

- **Is this a Feeder Fund?:** Yes

- **Is this a Master Fund?:** No

- **Is this series for insurance company separate accounts?:** No

- **Money Market Fund Category:** Government

- **Is this a Retail Money Market Fund?:** No

- **Is this a Government Money Market Fund?:** No

- **WAM:** 6 days

- **WAL:** 6 days

- **Total Value of Portfolio Securities:** $8127064498.72

- **Amortized Cost of Portfolio Securities:** $0.00

- **Cash:** $0.00

- **Total Other Assets:** $77555.15

- **Total Liabilities:** $29341658.22

- **Net Assets of Series:** $8097800395.65

- **Number of Shares Outstanding (Series):** 8098000798.4200

- **Does the fund seek to maintain a stable price per share?:** Yes

- **Stable Price Per Share:** $1.00

- **Is cash management vehicle an affiliated fund?:** No

- **Does the fund apply liquidity fees?:** No

### Daily & Weekly Liquid Assets
| Date       | Daily Liquid Assets ($)   | Weekly Liquid Assets ($)   | Daily Liquid Assets (%)   | Weekly Liquid Assets (%)   |
|:---|:---|:---|:---|:---|
| 2025-11-03 | $23481544351.44           | $25570879570.63            | 64.6200%                  | 70.3700%                   |
| 2025-11-04 | $21471766770.99           | $23561304958.29            | 62.3700%                  | 68.4400%                   |
| 2025-11-05 | $21608968285.99           | $23499346635.91            | 62.8800%                  | 68.3800%                   |
| 2025-11-06 | $20735820770.36           | $22292760116.12            | 62.5300%                  | 67.2300%                   |
| 2025-11-07 | $20048742278.00           | $21732680673.74            | 61.4900%                  | 66.6600%                   |
| 2025-11-10 | $20437153330.20           | $21990504299.45            | 62.2300%                  | 66.9600%                   |
| 2025-11-11 | $0.00                     | $0.00                      | 0.0000%                   | 0.0000%                    |
| 2025-11-12 | $20204399845.88           | $21757901543.44            | 61.9600%                  | 66.7300%                   |
| 2025-11-13 | $20720214191.62           | $22073866617.48            | 62.7400%                  | 66.8400%                   |
| 2025-11-14 | $19549918458.10           | $21066437739.14            | 61.1600%                  | 65.9000%                   |
| 2025-11-17 | $20621743525.09           | $22302217641.88            | 62.4600%                  | 67.5500%                   |
| 2025-11-18 | $19532930132.39           | $21213550134.45            | 60.9500%                  | 66.2000%                   |
| 2025-11-19 | $19112253143.15           | $20793019030.52            | 60.4300%                  | 65.7500%                   |
| 2025-11-20 | $18616375186.41           | $19912895959.06            | 60.1100%                  | 64.3000%                   |
| 2025-11-21 | $18423692767.29           | $19724968937.81            | 59.7100%                  | 63.9200%                   |
| 2025-11-24 | $19059591564.98           | $20361006392.72            | 60.2900%                  | 64.4100%                   |
| 2025-11-25 | $18662583742.08           | $19884137227.04            | 60.4800%                  | 64.4400%                   |
| 2025-11-26 | $19354646252.88           | $20886227287.78            | 61.3200%                  | 66.1700%                   |
| 2025-11-28 | $18447457210.69           | $20154438903.98            | 60.2200%                  | 65.7900%                   |

### 7-Day Gross Yield
| Date       | 7-Day Gross Yield   |
|:---|:---|
| 2025-11-03 | 4.1500%             |
| 2025-11-04 | 4.1300%             |
| 2025-11-05 | 4.0900%             |
| 2025-11-06 | 4.0800%             |
| 2025-11-07 | 4.0300%             |
| 2025-11-10 | 4.0100%             |
| 2025-11-11 | 0.0000%             |
| 2025-11-12 | 4.0100%             |
| 2025-11-13 | 4.0100%             |
| 2025-11-14 | 4.0300%             |
| 2025-11-17 | 4.0300%             |
| 2025-11-18 | 4.0300%             |
| 2025-11-19 | 4.0200%             |
| 2025-11-20 | 4.0200%             |
| 2025-11-21 | 4.0000%             |
| 2025-11-24 | 4.0000%             |
| 2025-11-25 | 4.0000%             |
| 2025-11-26 | 4.0200%             |
| 2025-11-28 | 4.0600%             |

### Daily Net Asset Value per Share (Series)
| Date       | Net Asset Value per Share   |
|:---|:---|
| 2025-11-03 | 1.0000                      |
|  |  |
| 2025-11-04 | 1.0000                      |
|  |  |
| 2025-11-05 | 1.0000                      |
|  |  |
| 2025-11-06 | 1.0000                      |
|  |  |
| 2025-11-07 | 1.0000                      |
|  |  |
| 2025-11-10 | 1.0000                      |
|  |  |
| 2025-11-11 | 0.0000                      |
|  |  |
| 2025-11-12 | 1.0000                      |
|  |  |
| 2025-11-13 | 1.0000                      |
|  |  |
| 2025-11-14 | 1.0000                      |
|  |  |
| 2025-11-17 | 1.0000                      |
|  |  |
| 2025-11-18 | 1.0000                      |
|  |  |
| 2025-11-19 | 1.0000                      |
|  |  |
| 2025-11-20 | 1.0000                      |
|  |  |
| 2025-11-21 | 1.0000                      |
|  |  |
| 2025-11-24 | 1.0000                      |
|  |  |
| 2025-11-25 | 1.0000                      |
|  |  |
| 2025-11-26 | 1.0000                      |
|  |  |
| 2025-11-28 | 1.0000                      |
|  |  |

## Part B: Class-Level Information about the Fund

### Class: PC

- **Minimum Initial Investment:** $1.00

- **Net Assets of Class:** $7382845199.70

- **Number of Shares Outstanding:** 7382897315.8400

- **Expense Reimbursement/Waiver:** 1191429.93

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-11-03 | 1.0000          |
|  |  |
| 2025-11-04 | 1.0000          |
|  |  |
| 2025-11-05 | 1.0000          |
|  |  |
| 2025-11-06 | 1.0000          |
|  |  |
| 2025-11-07 | 1.0000          |
|  |  |
| 2025-11-10 | 1.0000          |
|  |  |
| 2025-11-12 | 1.0000          |
|  |  |
| 2025-11-13 | 1.0000          |
|  |  |
| 2025-11-14 | 1.0000          |
|  |  |
| 2025-11-17 | 1.0000          |
|  |  |
| 2025-11-18 | 1.0000          |
|  |  |
| 2025-11-19 | 1.0000          |
|  |  |
| 2025-11-20 | 1.0000          |
|  |  |
| 2025-11-21 | 1.0000          |
|  |  |
| 2025-11-24 | 1.0000          |
|  |  |
| 2025-11-25 | 1.0000          |
|  |  |
| 2025-11-26 | 1.0000          |
|  |  |
| 2025-11-28 | 1.0000          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-11-03 | $124994572.18             | $304691747.60           |
| 2025-11-04 | $133000000.00             | $57070600.23            |
| 2025-11-05 | $112350000.00             | $332029422.72           |
| 2025-11-06 | $55500000.00              | $476710615.14           |
| 2025-11-07 | $202822982.81             | $458312334.09           |
| 2025-11-10 | $167500000.00             | $71713640.71            |
| 2025-11-12 | $59800000.00              | $294138209.79           |
| 2025-11-13 | $281445118.52             | $106560000.00           |
| 2025-11-14 | $432676639.83             | $861115000.00           |
| 2025-11-17 | $420592036.99             | $148194291.51           |
| 2025-11-18 | $79700000.00              | $150040894.35           |
| 2025-11-19 | $443513289.07             | $281121708.16           |
| 2025-11-20 | $172430000.00             | $745367207.56           |
| 2025-11-21 | $50144005.70              | $510475000.00           |
| 2025-11-24 | $539802548.72             | $247815262.10           |
| 2025-11-25 | $26402082.31              | $367487928.01           |
| 2025-11-26 | $630237034.34             | $129565592.84           |
| 2025-11-28 | $281654277.25             | $594900200.00           |

**Total Gross Subscriptions (Month):** $4214564587.72

**Total Gross Redemptions (Month):** $6137309654.81

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-11-03 | 4.0200%           |
| 2025-11-04 | 4.0000%           |
| 2025-11-05 | 3.9600%           |
| 2025-11-06 | 3.9500%           |
| 2025-11-07 | 3.9000%           |
| 2025-11-10 | 3.8800%           |
| 2025-11-12 | 3.8800%           |
| 2025-11-13 | 3.8800%           |
| 2025-11-14 | 3.9000%           |
| 2025-11-17 | 3.9000%           |
| 2025-11-18 | 3.9000%           |
| 2025-11-19 | 3.8900%           |
| 2025-11-20 | 3.8900%           |
| 2025-11-21 | 3.8700%           |
| 2025-11-24 | 3.8700%           |
| 2025-11-25 | 3.8700%           |
| 2025-11-26 | 3.8900%           |
| 2025-11-28 | 3.9300%           |

**Beneficial/Record Owner Categories**
| Category                                            | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Non-financial corporation                           |  | 14.9300%         | 0.0000%              |
| Non-financial corporation                           |  | 21.0900%         | 0.0000%              |
| Depository institution or other banking institution |  | 7.4800%          | 0.0000%              |
| Insurance company                                   |  | 8.7800%          | 0.0000%              |
| Non-financial corporation                           |  | 5.0500%          | 0.0000%              |

### Class: CC

- **Minimum Initial Investment:** $200000000.00

- **Net Assets of Class:** $714955195.95

- **Number of Shares Outstanding:** 715103482.5800

- **Expense Reimbursement/Waiver:** 252941.56

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-11-03 | 0.9999          |
|  |  |
| 2025-11-04 | 0.9999          |
|  |  |
| 2025-11-05 | 0.9999          |
|  |  |
| 2025-11-06 | 0.9999          |
|  |  |
| 2025-11-07 | 0.9999          |
|  |  |
| 2025-11-10 | 0.9999          |
|  |  |
| 2025-11-12 | 0.9999          |
|  |  |
| 2025-11-13 | 0.9999          |
|  |  |
| 2025-11-14 | 0.9999          |
|  |  |
| 2025-11-17 | 0.9999          |
|  |  |
| 2025-11-18 | 0.9999          |
|  |  |
| 2025-11-19 | 0.9999          |
|  |  |
| 2025-11-20 | 0.9999          |
|  |  |
| 2025-11-21 | 0.9999          |
|  |  |
| 2025-11-24 | 0.9999          |
|  |  |
| 2025-11-25 | 0.9999          |
|  |  |
| 2025-11-26 | 0.9999          |
|  |  |
| 2025-11-28 | 0.9998          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-11-03 | $605266229.95             | $10000000.00            |
| 2025-11-04 | $14100000.00              | $600000000.00           |
| 2025-11-05 | $550310194.08             | $82600.58               |
| 2025-11-06 | $525500000.00             | $528900000.00           |
| 2025-11-07 | $45000000.00              | $504500000.00           |
| 2025-11-10 | $8500000.00               | $0.00                   |
| 2025-11-12 | $7000000.00               | $10000000.00            |
| 2025-11-13 | $800000000.00             | $33900000.00            |
| 2025-11-14 | $876400000.00             | $800000000.00           |
| 2025-11-17 | $877855000.00             | $825500000.00           |
| 2025-11-18 | $54300000.00              | $431900000.00           |
| 2025-11-19 | $52000000.00              | $66900000.00            |
| 2025-11-20 | $11100000.00              | $65700000.00            |
| 2025-11-21 | $510600000.00             | $64200000.00            |
| 2025-11-24 | $1000000000.00            | $622100000.00           |
| 2025-11-25 | $120000000.00             | $1086500000.00          |
| 2025-11-26 | $10000000.00              | $253200000.00           |
| 2025-11-28 | $0.00                     | $558440683.39           |

**Total Gross Subscriptions (Month):** $6067931424.03

**Total Gross Redemptions (Month):** $6461823283.97

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-11-03 | 4.0400%           |
| 2025-11-04 | 4.0200%           |
| 2025-11-05 | 3.9800%           |
| 2025-11-06 | 3.9700%           |
| 2025-11-07 | 3.9200%           |
| 2025-11-10 | 3.9000%           |
| 2025-11-12 | 3.9000%           |
| 2025-11-13 | 3.9000%           |
| 2025-11-14 | 3.9200%           |
| 2025-11-17 | 3.9200%           |
| 2025-11-18 | 3.9200%           |
| 2025-11-19 | 3.9100%           |
| 2025-11-20 | 3.9100%           |
| 2025-11-21 | 3.8900%           |
| 2025-11-24 | 3.8900%           |
| 2025-11-25 | 3.8900%           |
| 2025-11-26 | 3.9100%           |
| 2025-11-28 | 3.9500%           |

**Beneficial/Record Owner Categories**
| Category                                                                    | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| State or municipal government entity (excluding governmental pension plans) |  | 62.8100%         | 0.0000%              |
| State or municipal government entity (excluding governmental pension plans) |  | 22.2200%         | 0.0000%              |

## Part C: Schedule of Portfolio Securities

### Security 1: Government Portfolio

- **C.1 - Title:** Government Portfolio
- **C.6 - Investment Category:** Investment Company
- **Identifiers:** C.3 - CUSIP: NA, C.5 - Other ID: LMGOVERNMENT
- **C.18 - Value (incl. sponsor support):** $8127064498.72
- **C.18.a - Value (excl. sponsor support):** $8127064498.72
- **C.19 - Percentage of Net Assets:** 100.0000%
- **C.17 - Yield as of Reporting Date:** 0.0000%
- **C.11 - Maturity Date (WAM):** 2025-12-01
- **C.12 - Maturity Date (WAL):** 2025-12-01
- **C.13 - Final Legal Maturity Date:** 2025-12-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: NR; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

## N-MFP: Signatures

**Registrant:** Legg Mason Partners Institutional Trust

**Date:** 2025-12-05

**By:** /s/Christopher Berarducci

**Name of Signing Officer:** Christopher Berarducci

**Title of Signing Officer:** Principal Financial Officer