Two unexpected leadership changes in 2024 have dropped Western Asset Core Bond’s People rating to Average from Above Average, but the firm’s efforts to keep volatility in check while keeping the main features of the strategy intact are enough to keep its Process rating at Above Average.
Western Asset Core Bond FI WAPIX
- NAV / 1-Day Return 10.94 / −0.35 %
- Total Assets 7.8 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.800%
- Distribution Fee Level High
- Share Class Type No Load
- Category Intermediate Core Bond
- Credit Quality / Interest Rate Sensitivity High/Moderate
- Min. Initial Investment 0
- Status Open
- TTM Yield 3.64%
- Effective Duration 6.43 years
USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 12:58 AM GMT+0
Morningstar’s Analysis WAPIX
Will WAPIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 13.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Western Asset Prem Instl Govtt Rsrv Pref | 19.85 | 2.3 Bil | Cash and Equivalents |
Federal National Mortgage Association 2.5% | 2.64 | 303.6 Mil | Securitized |
Federal National Mortgage Association 3% | 1.91 | 218.8 Mil | Securitized |
United States Treasury Bonds 4.75% | 1.43 | 164.2 Mil | Government |
United States Treasury Bonds 4.75% | 1.25 | 143.7 Mil | Government |
United States Treasury Bonds 4% | 1.16 | 132.6 Mil | Government |
Federal National Mortgage Association 2% | 1.15 | 132.4 Mil | Securitized |
United States Treasury Bonds 1.875% | 1.13 | 129.5 Mil | Government |
United States Treasury Bonds 3.375% | 0.96 | 110.6 Mil | Government |
United States Treasury Bonds 1.625% | 0.89 | 102.7 Mil | Government |