WESTERN ASSET TRUST, INC.
MONEY MARKET PORTFOLIO
SHORT DURATION PORTFOLIO
LIMITED DURATION PORTFOLIO
INTERMEDIATE PORTFOLIO
CORE PORTFOLIO
LONG DURATION PORTFOLIO
SUPPLEMENT TO THE PROSPECTUS DATED OCTOBER 30, 1996
The waiver and expense reimbursement agreements as set forth in the
section entitled "Fee Waivers" on page 9 will remain in effect until October
30, 1997.
June 30, 1997
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WESTERN ASSET TRUST, INC.
CORPORATE SECURITIES PORTFOLIO
MORTGAGE SECURITIES PORTFOLIO
INTERNATIONAL SECURITIES PORTFOLIO
SUPPLEMENT TO THE PROSPECTUS
DATED OCTOBER 30, 1996
The waiver and expense reimbursement agreements as set forth in the
sections entitled "Fee Waivers" and "Expense Limitation" on pages 4 and 27,
respectively, will remain in effect until October 30, 1997.
June 30, 1997
<PAGE>
WESTERN ASSET TRUST, INC.
CORPORATE SECURITIES PORTFOLIO
MORTGAGE SECURITIES PORTFOLIO
INTERNATIONAL SECURITIES PORTFOLIO
SUPPLEMENT TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED OCTOBER 30, 1996
The waiver and expense reimbursement agreements as set forth in the
section entitled "Expense Limitations" on page 27 will remain in effect until
October 30, 1997.
June 30, 1997
