Morningstar

Western Asset Corporate Bond P LCBPX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 10.96  /  −0.35 %
  • Total Assets 822.0 Mil
  • Adj. Expense Ratio
    1.100%
  • Expense Ratio 1.100%
  • Distribution Fee Level Low
  • Share Class Type Level Load
  • Category Corporate Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 4.49%
  • Effective Duration 6.91 years

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 12:58 AM GMT+0

Morningstar’s Analysis LCBPX

Will LCBPX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LCBPX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LCBPX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of LCBPX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Western Asset Corporate Bond P's Average People Pillar and Process Pillar ratings are n't enough to prevent other weaknesses from sending this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings LCBPX

More LCBPX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

TRADE DATE CASH

1.51 15.1 Mil
Cash and Equivalents

WEA Finance LLC / Westfield UK & Europe Finance PLC 3.75%

1.36 13.6 Mil
Cash and Equivalents

United States Treasury Notes 4%

1.35 13.6 Mil
Government

Credit Agricole S.A. 8.125%

0.91 9.2 Mil
Corporate

Israel (State Of) 5.5%

0.87 8.8 Mil
Government

United States Treasury Notes 3.875%

0.81 8.1 Mil
Government

Nissan Motor Co Ltd. 3.522%

0.75 7.5 Mil
Corporate

Wynn Macau Ltd. 4.875%

0.71 7.1 Mil
Cash and Equivalents

Danske Bank A/S 0.976%

0.70 7.0 Mil
Corporate

Energy Transfer LP 6%

0.66 6.7 Mil
Corporate

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