# EDGAR Filing Document

**Accession Number:** 0000889512
**File Stem:** 0001193125-26-211715
**Filing Date:** 2026-5
**Character Count:** 18248
**Document Hash:** 8d1fe4afcf4bf7a1786bc76f15cc9fd2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-211715.hdr.sgml**: 20260507

**ACCESSION NUMBER**: 0001193125-26-211715

**CONFORMED SUBMISSION TYPE**: N-MFP3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260507

**DATE AS OF CHANGE**: 20260507

**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:** 26952723

**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 Institutional Liquid Reserves (Series ID: S000008908)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000024235 | Institutional Shares | CILXX           |
| C000089731 | Investor Shares      | LLRXX           |

# 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):** 2026-04-30

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

**CIK Number of Registrant:** 0000889512

**LEI of Registrant:** 54930003LJE4ZPPMRV82

**Name of Series:** Western Asset Institutional Liquid Reserves

**LEI of Series:** 5493000JWV15U527D845

**EDGAR Series Identifier:** S000008908

**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:** Prime

- **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:** $460632304.22

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

- **Cash:** $0.00

- **Total Other Assets:** $30584.94

- **Total Liabilities:** $1496647.56

- **Net Assets of Series:** $459166241.60

- **Number of Shares Outstanding (Series):** 459209557.6290

- **Does the fund seek to maintain a stable price per share?:** No

- **Stable Price Per Share:** $0.00

- **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 (%)   |
|:---|:---|:---|:---|:---|
| 2026-04-01 | $6901774078.07            | $8254442957.76             | 61.0800%                  | 73.0500%                   |
| 2026-04-02 | $6668424114.04            | $8237100370.85             | 59.0900%                  | 72.9900%                   |
| 2026-04-03 | $0.00                     | $0.00                      | 0.0000%                   | 0.0000%                    |
| 2026-04-06 | $6505041990.66            | $8314667961.71             | 57.5100%                  | 73.5100%                   |
| 2026-04-07 | $6885751704.72            | $8320511858.43             | 60.8400%                  | 73.5200%                   |
| 2026-04-08 | $7062494071.93            | $8312121329.43             | 62.4500%                  | 73.5000%                   |
| 2026-04-09 | $5643150963.55            | $7498975008.48             | 53.6800%                  | 71.3400%                   |
| 2026-04-10 | $5917331868.90            | $7703274344.09             | 55.4900%                  | 72.2400%                   |
| 2026-04-13 | $5763902468.45            | $7650008845.28             | 54.8400%                  | 72.7900%                   |
| 2026-04-14 | $6066224372.09            | $7603316871.46             | 57.7000%                  | 72.3300%                   |
| 2026-04-15 | $6239994538.64            | $7670676701.64             | 59.4600%                  | 73.0900%                   |
| 2026-04-16 | $4381612357.34            | $5735688884.78             | 50.9100%                  | 66.6500%                   |
| 2026-04-17 | $4392422635.04            | $5691511546.60             | 51.8300%                  | 67.1600%                   |
| 2026-04-20 | $6459788078.48            | $7757995314.13             | 61.0100%                  | 73.2700%                   |
| 2026-04-21 | $6679836015.67            | $7528081978.22             | 63.4500%                  | 71.5100%                   |
| 2026-04-22 | $6466331254.33            | $7611218197.33             | 61.3800%                  | 72.2400%                   |
| 2026-04-23 | $5326708090.84            | $6351623565.84             | 56.5400%                  | 67.4200%                   |
| 2026-04-24 | $5280594374.23            | $6303769208.98             | 56.0100%                  | 66.8700%                   |
| 2026-04-27 | $5336437769.91            | $6607268289.39             | 55.9800%                  | 69.3100%                   |
| 2026-04-28 | $5632833513.81            | $6553601211.42             | 59.7200%                  | 69.4800%                   |
| 2026-04-29 | $5147303025.63            | $6393131270.15             | 54.5700%                  | 67.7800%                   |
| 2026-04-30 | $4911352830.61            | $6352953913.29             | 51.6700%                  | 66.8400%                   |

### 7-Day Gross Yield
| Date       | 7-Day Gross Yield   |
|:---|:---|
| 2026-04-01 | 3.7500%             |
| 2026-04-02 | 3.7400%             |
| 2026-04-03 | 0.0000%             |
| 2026-04-06 | 3.7400%             |
| 2026-04-07 | 3.7400%             |
| 2026-04-08 | 3.7400%             |
| 2026-04-09 | 3.7300%             |
| 2026-04-10 | 3.7300%             |
| 2026-04-13 | 3.7300%             |
| 2026-04-14 | 3.7300%             |
| 2026-04-15 | 3.7400%             |
| 2026-04-16 | 3.7400%             |
| 2026-04-17 | 3.7600%             |
| 2026-04-20 | 3.7600%             |
| 2026-04-21 | 3.7600%             |
| 2026-04-22 | 3.7600%             |
| 2026-04-23 | 3.7500%             |
| 2026-04-24 | 3.7500%             |
| 2026-04-27 | 3.7600%             |
| 2026-04-28 | 3.7600%             |
| 2026-04-29 | 3.7600%             |
| 2026-04-30 | 3.7600%             |

### Daily Net Asset Value per Share (Series)
| Date       | Net Asset Value per Share   |
|:---|:---|
| 2026-04-01 | 0.9999                      |
|  |  |
| 2026-04-02 | 0.9999                      |
|  |  |
| 2026-04-03 | 0.0000                      |
|  |  |
| 2026-04-06 | 0.9999                      |
|  |  |
| 2026-04-07 | 0.9999                      |
|  |  |
| 2026-04-08 | 0.9999                      |
|  |  |
| 2026-04-09 | 0.9999                      |
|  |  |
| 2026-04-10 | 0.9999                      |
|  |  |
| 2026-04-13 | 0.9999                      |
|  |  |
| 2026-04-14 | 0.9999                      |
|  |  |
| 2026-04-15 | 0.9999                      |
|  |  |
| 2026-04-16 | 0.9999                      |
|  |  |
| 2026-04-17 | 0.9999                      |
|  |  |
| 2026-04-20 | 0.9999                      |
|  |  |
| 2026-04-21 | 0.9999                      |
|  |  |
| 2026-04-22 | 0.9999                      |
|  |  |
| 2026-04-23 | 0.9999                      |
|  |  |
| 2026-04-24 | 0.9999                      |
|  |  |
| 2026-04-27 | 0.9999                      |
|  |  |
| 2026-04-28 | 0.9999                      |
|  |  |
| 2026-04-29 | 0.9999                      |
|  |  |
| 2026-04-30 | 0.9999                      |
|  |  |

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

### Class: 0L

- **Minimum Initial Investment:** $1000000.00

- **Net Assets of Class:** $458514308.76

- **Number of Shares Outstanding:** 458557523.3480

- **Expense Reimbursement/Waiver:** 73182.89

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2026-04-01 | 0.9999          |
|  |  |
| 2026-04-02 | 0.9999          |
|  |  |
| 2026-04-03 | 0.0000          |
|  |  |
| 2026-04-06 | 0.9999          |
|  |  |
| 2026-04-07 | 0.9999          |
|  |  |
| 2026-04-08 | 0.9999          |
|  |  |
| 2026-04-09 | 0.9999          |
|  |  |
| 2026-04-10 | 0.9999          |
|  |  |
| 2026-04-13 | 0.9999          |
|  |  |
| 2026-04-14 | 0.9999          |
|  |  |
| 2026-04-15 | 0.9999          |
|  |  |
| 2026-04-16 | 0.9999          |
|  |  |
| 2026-04-17 | 0.9999          |
|  |  |
| 2026-04-20 | 0.9999          |
|  |  |
| 2026-04-21 | 0.9999          |
|  |  |
| 2026-04-22 | 0.9999          |
|  |  |
| 2026-04-23 | 0.9999          |
|  |  |
| 2026-04-24 | 0.9999          |
|  |  |
| 2026-04-27 | 0.9999          |
|  |  |
| 2026-04-28 | 0.9999          |
|  |  |
| 2026-04-29 | 0.9999          |
|  |  |
| 2026-04-30 | 0.9999          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2026-04-01 | $16196579.98              | $673513.07              |
| 2026-04-02 | $176880.17                | $1778406.31             |
| 2026-04-03 | $0.00                     | $0.00                   |
| 2026-04-06 | $29326726.27              | $2092503.23             |
| 2026-04-07 | $8610086.37               | $850882.74              |
| 2026-04-08 | $2000000.00               | $8383582.94             |
| 2026-04-09 | $2346825.21               | $27308813.09            |
| 2026-04-10 | $2867968.40               | $3122282.46             |
| 2026-04-13 | $767250.56                | $4276579.86             |
| 2026-04-14 | $310138.04                | $1178598.57             |
| 2026-04-15 | $925663.93                | $2544683.00             |
| 2026-04-16 | $140319.00                | $1167271.90             |
| 2026-04-17 | $227610.67                | $970882.91              |
| 2026-04-20 | $2625161.82               | $8848994.47             |
| 2026-04-21 | $580363.21                | $3702711.93             |
| 2026-04-22 | $8436860.96               | $1047375.84             |
| 2026-04-23 | $1314761.00               | $1708880.24             |
| 2026-04-24 | $7901676.55               | $4762561.68             |
| 2026-04-27 | $6365316.60               | $1492073.21             |
| 2026-04-28 | $257000.00                | $1249670.18             |
| 2026-04-29 | $70799.00                 | $906550.25              |
| 2026-04-30 | $1013031.00               | $4497063.21             |

**Total Gross Subscriptions (Month):** $92461018.74

**Total Gross Redemptions (Month):** $82563881.09

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2026-04-01 | 3.5700%           |
| 2026-04-02 | 3.5600%           |
| 2026-04-03 | 0.0000%           |
| 2026-04-06 | 3.5600%           |
| 2026-04-07 | 3.5600%           |
| 2026-04-08 | 3.5600%           |
| 2026-04-09 | 3.5500%           |
| 2026-04-10 | 3.5500%           |
| 2026-04-13 | 3.5500%           |
| 2026-04-14 | 3.5500%           |
| 2026-04-15 | 3.5600%           |
| 2026-04-16 | 3.5600%           |
| 2026-04-17 | 3.5800%           |
| 2026-04-20 | 3.5800%           |
| 2026-04-21 | 3.5800%           |
| 2026-04-22 | 3.5800%           |
| 2026-04-23 | 3.5700%           |
| 2026-04-24 | 3.5700%           |
| 2026-04-27 | 3.5800%           |
| 2026-04-28 | 3.5800%           |
| 2026-04-29 | 3.5800%           |
| 2026-04-30 | 3.5800%           |

**Beneficial/Record Owner Categories**
| Category                  | Other Category     | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Broker-dealer             |  | 11.1300%         | 0.0000%              |
| Other                     | IND FID AS TRUSTEE | 8.6900%          | 0.0000%              |
| Broker-dealer             |  | 52.8000%         | 0.0000%              |
| Non-financial corporation |  | 13.4600%         | 0.0000%              |

### Class: 0I

- **Minimum Initial Investment:** $1000000.00

- **Net Assets of Class:** $651932.84

- **Number of Shares Outstanding:** 652034.2810

- **Expense Reimbursement/Waiver:** 4483.06

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2026-04-01 | 0.9998          |
|  |  |
| 2026-04-02 | 0.9998          |
|  |  |
| 2026-04-03 | 0.0000          |
|  |  |
| 2026-04-06 | 0.9998          |
|  |  |
| 2026-04-07 | 0.9998          |
|  |  |
| 2026-04-08 | 0.9998          |
|  |  |
| 2026-04-09 | 0.9998          |
|  |  |
| 2026-04-10 | 0.9998          |
|  |  |
| 2026-04-13 | 0.9998          |
|  |  |
| 2026-04-14 | 0.9998          |
|  |  |
| 2026-04-15 | 0.9998          |
|  |  |
| 2026-04-16 | 0.9998          |
|  |  |
| 2026-04-17 | 0.9999          |
|  |  |
| 2026-04-20 | 0.9999          |
|  |  |
| 2026-04-21 | 0.9999          |
|  |  |
| 2026-04-22 | 0.9999          |
|  |  |
| 2026-04-23 | 0.9999          |
|  |  |
| 2026-04-24 | 0.9998          |
|  |  |
| 2026-04-27 | 0.9998          |
|  |  |
| 2026-04-28 | 0.9998          |
|  |  |
| 2026-04-29 | 0.9998          |
|  |  |
| 2026-04-30 | 0.9998          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2026-04-01 | $1945.05                  | $8.10                   |
| 2026-04-02 | $0.00                     | $0.00                   |
| 2026-04-03 | $0.00                     | $0.00                   |
| 2026-04-06 | $0.00                     | $0.00                   |
| 2026-04-07 | $0.00                     | $0.00                   |
| 2026-04-08 | $0.00                     | $0.00                   |
| 2026-04-09 | $0.00                     | $0.00                   |
| 2026-04-10 | $0.00                     | $0.00                   |
| 2026-04-13 | $0.00                     | $0.00                   |
| 2026-04-14 | $0.00                     | $0.00                   |
| 2026-04-15 | $0.00                     | $0.00                   |
| 2026-04-16 | $0.00                     | $0.00                   |
| 2026-04-17 | $0.00                     | $0.00                   |
| 2026-04-20 | $0.00                     | $0.00                   |
| 2026-04-21 | $0.00                     | $0.00                   |
| 2026-04-22 | $0.00                     | $0.00                   |
| 2026-04-23 | $0.00                     | $0.00                   |
| 2026-04-24 | $0.00                     | $0.00                   |
| 2026-04-27 | $0.00                     | $0.00                   |
| 2026-04-28 | $0.00                     | $0.00                   |
| 2026-04-29 | $0.00                     | $0.00                   |
| 2026-04-30 | $0.00                     | $0.00                   |

**Total Gross Subscriptions (Month):** $1945.05

**Total Gross Redemptions (Month):** $8.10

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2026-04-01 | 3.5200%           |
| 2026-04-02 | 3.5100%           |
| 2026-04-03 | 0.0000%           |
| 2026-04-06 | 3.5100%           |
| 2026-04-07 | 3.5100%           |
| 2026-04-08 | 3.5100%           |
| 2026-04-09 | 3.5000%           |
| 2026-04-10 | 3.5000%           |
| 2026-04-13 | 3.5000%           |
| 2026-04-14 | 3.5000%           |
| 2026-04-15 | 3.5000%           |
| 2026-04-16 | 3.5100%           |
| 2026-04-17 | 3.5300%           |
| 2026-04-20 | 3.5300%           |
| 2026-04-21 | 3.5300%           |
| 2026-04-22 | 3.5200%           |
| 2026-04-23 | 3.5200%           |
| 2026-04-24 | 3.5200%           |
| 2026-04-27 | 3.5300%           |
| 2026-04-28 | 3.5300%           |
| 2026-04-29 | 3.5300%           |
| 2026-04-30 | 3.5300%           |

**Beneficial/Record Owner Categories**
| Category      | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Broker-dealer |  | 100.0000%        | 0.0000%              |

## Part C: Schedule of Portfolio Securities

### Security 1: Liquid Reserves Portfolio

- **C.1 - Title:** Liquid Reserves Portfolio
- **C.6 - Investment Category:** Investment Company
- **Identifiers:** C.3 - CUSIP: NA, C.3 - LEI: N/A, C.5 - Other ID: LMLIQUIDRESERVE
- **C.18 - Value (incl. sponsor support):** $460632304.22
- **C.18.a - Value (excl. sponsor support):** $460632304.22
- **C.19 - Percentage of Net Assets:** 100.0000%
- **C.17 - Yield as of Reporting Date:** 0.0000%
- **C.11 - Maturity Date (WAM):** 2026-05-01
- **C.12 - Maturity Date (WAL):** 2026-05-01
- **C.13 - Final Legal Maturity Date:** 2026-05-01
- **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:** 2026-05-07

**By:** /s/Christopher Berarducci

**Name of Signing Officer:** Christopher Berarducci

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