# EDGAR Filing Document

**Accession Number:** 0000863520
**File Stem:** 0001655589-26-000087
**Filing Date:** 2026-1
**Character Count:** 6161
**Document Hash:** 71254068d9c8b58d36f5fc87612ba887
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001655589-26-000087.hdr.sgml**: 20260127

**ACCESSION NUMBER**: 0001655589-26-000087

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20260127

**DATE AS OF CHANGE**: 20260127

**EFFECTIVENESS DATE**: 20260127

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WESTERN ASSET FUNDS INC
- **CENTRAL INDEX KEY:** 0000863520

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-34929
- **FILM NUMBER:** 26562360

**BUSINESS ADDRESS:**
- **STREET 1:** 100 INTERNATIONAL DRIVE
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21202
- **BUSINESS PHONE:** 410-454-2760

**MAIL ADDRESS:**
- **STREET 1:** 100 INTERNATIONAL DRIVE
- **STREET 2:** 7TH FLOOR
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LM INSTITUTIONAL FUND ADVISORS I INC
- **DATE OF NAME CHANGE:** 19980818

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WESTERN ASSET TRUST INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Western Asset Core Plus Bond Fund (Series ID: S000000714)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000002081 | Class I      | WACPX           |
| C000002082 | Class FI     | WACIX           |
| C000066989 | Class IS     | WAPSX           |
| C000113704 | CLASS A      | WAPAX           |
| C000113705 | CLASS C      | WAPCX           |
| C000113706 | CLASS R      | WAPRX           |
| C000117035 | Class C1     | LWCPX           |

VGOF-P2 01/26

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| | |
|:---|:---|
| ![](img_2cfc99ebc41e4f1.jpg) | ![](img_d2dca95f8a824f1.jpg) |

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**LEGG MASON PARTNERS VARIABLE INCOME TRUST<br>WESTERN ASSET FUNDS, INC. <br>SUPPLEMENT DATED JANUARY 27, 2026 <br>TO THE SUMMARY PROSPECTUS, PROSPECTUS AND<br>STATEMENT OF ADDITIONAL INFORMATION ("SAI") <br>OF EACH FUND LISTED IN <u>SCHEDULE A</u>**

#### The following changes are made to each fund's Summary Prospectus, Prospectus and SAI, as applicable:
**a. The following is added to the section titled "Management – Investment professionals" in each fund's Summary Prospectus and Prospectus.** 

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| | | |
|:---|:---|:---|
| **Investment professional** | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title** | **Investment**<br>**professional of**<br>**the fund since** |
| Amit Chopra | Portfolio Manager | January 2026 |
| Nicholas Mastroianni | Portfolio Manager | January 2026 |

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**b. The following is added to the section titled "More on fund management – Investment professionals" in each fund's Prospectus:** 

------

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| | | |
|:---|:---|:---|
| **Investment professional** | &nbsp;&nbsp;&nbsp;&nbsp;**Title and recent**<br> **biography** | **Investment**<br>**professional of**<br>**the fund since** |
| Amit Chopra | Portfolio Manager and has been employed by Western Asset as an investment professional for at least the past five years. | January 2026 |
| Nicholas Mastroianni | Portfolio Manager and has been employed by Western Asset as an investment professional for at least the past five years. | January 2026 |

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**c. The following is added to the section titled "Investment Professionals – Other Accounts Managed by the Investment Professionals" in each fund's SAI with respect to the fund:** 

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment**<br>**Professionals**<br>| **Type of**<br>**Account**<br>| **Number of**<br>**Accounts**<br>**Managed** <br>| **Total Assets**<br>**Managed**<br>**(Billions) ($)** <br>| **Number of**<br>**Accounts**<br>**Managed for**<br>**which Advisory**<br>**Fee is**<br>**Performance-**<br>**Based** <br>| **Assets**<br>**Managed for**<br>**which Advisory**<br>**Fee is**<br>**Performance-**<br>**Based**<br>**(Billions) ($)**<br>|
| Amit <br>Chopra\* | &nbsp;&nbsp;&nbsp;Registered Investment Companies | 1 | 0.04 |  |  |
|  | &nbsp;&nbsp;&nbsp;Other Pooled Investment Vehicles | 3 | 0.49 |  |  |
|  | &nbsp;&nbsp;&nbsp;Other Accounts | 38 | 13.83 |  |  |
| Nicholas <br>Mastroianni\* | &nbsp;&nbsp;&nbsp;Registered Investment Companies | 4 | 0.82 |  |  |
|  | &nbsp;&nbsp;&nbsp;Other Pooled Investment Vehicles | 3 | 0.49 |  |  |
|  | &nbsp;&nbsp;&nbsp;Other Accounts | 32 | 13.83 |  |  |

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\* The information is as of December 31, 2025, and does not reflect additional accounts for which Messrs. Chopra and Mastroianni joined the portfolio management team effective January 27, 2026. <br>

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**d. For Western Asset Core Plus VIT Portfolio and Western Asset Total Return Unconstrained Fund, the following is added to the section titled "Investment Professionals – Investment Professional Securities Ownership" in each fund's SAI with respect to the fund:** 

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| | |
|:---|:---|
| **Investment Professionals**<br>| **Dollar Range of Ownership of Securities ($)** <br>|
| Amit Chopra\* | &nbsp;&nbsp;None |
| Nicholas Mastroianni\* | &nbsp;&nbsp;None |

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\* The information is as of December 31, 2025.

**e. For Western Asset Core Bond Fund and Western Asset Core Plus Bond Fund, the following is added to the section titled "Investment Professionals – Investment Professional Securities Ownership" in each fund's SAI with respect to the fund:** 

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| | |
|:---|:---|
| **Investment Professionals**<br>| **Dollar Range of Ownership of Securities ($)** <br>|
| Amit Chopra\* | &nbsp;&nbsp;10001 – 50000 |
| Nicholas Mastroianni\* |  |

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\* The information is as of December 31, 2025.

#### SCHEDULE A

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| | |
|:---|:---|
| **<u>Fund</u>**<br>| **Date of Summary Prospectus,<br>Prospectus** <br>**<u>and SAI</u>**<br>|
| **<u>LEGG MASON PARTNERS VARIABLE INCOME TRUST</u>** |  |
| Western Asset Core Plus VIT Portfolio  | May 1, 2025 |
| **<u>WESTERN ASSET FUNDS, INC.</u>** |  |
| Western Asset Core Bond Fund  | May 1, 2025 |
| Western Asset Core Plus Bond Fund  | May 1, 2025 |
| Western Asset Total Return Unconstrained Fund  | October 1, 2025 |

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#### Please retain this supplement for future reference.

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