Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Western Asset Intermediate Bond A WATAX Fund Analysis
Morningstar’s Analysis WATAX
Will WATAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
Western Asset Intermediate Bond A's recent fee cut is n't enough to counter the impact of its decreased People Pillar rating, resulting in a downgrade to this strategy's Morningstar Medalist Rating to Negative from Neutral.
Summary
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