Two unexpected leadership changes in 2024 have dropped Western Asset Core Plus 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 Plus Bond A WAPAX
- NAV / 1-Day Return 9.56 / −0.20 %
- Total Assets 11.5 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.820%
- Distribution Fee Level Above Average
- Share Class Type Front Load
- Category Intermediate Core-Plus Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 4.14%
- Effective Duration 6.92 years
USD | NAV as of Oct 03, 2024 | 1-Day Return as of Oct 03, 2024, 1:16 AM GMT+0
Morningstar’s Analysis WAPAX
Will WAPAX 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 11.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Western Asset Prem Instl Govtt Rsrv Pref | 14.11 | 2.4 Bil | Cash and Equivalents |
Federal National Mortgage Association 2.5% | 2.38 | 409.4 Mil | Securitized |
CNH/USD FFX DUE 101824 Purchased | 2.20 | 378.5 Mil | Derivative |
Mexico (United Mexican States) 7.75% | 1.80 | 308.3 Mil | Government |
USD/EUR FFX DUE 101824-Cross Purchased | 1.77 | 304.3 Mil | Derivative |
Federal National Mortgage Association 3% | 1.69 | 290.9 Mil | Securitized |
CHF/USD FFX DUE 101824 Purchased | 1.59 | 273.8 Mil | Derivative |
MXN/USD FFX DUE 101824 Purchased | 1.37 | 235.8 Mil | Derivative |
USD/GBP FFX DUE 101824-Cross Purchased | 1.20 | 205.8 Mil | Derivative |
Federal National Mortgage Association 2% | 1.06 | 182.4 Mil | Securitized |