Western Asset Core Plus Bond FI (WACIX)
9.48
+0.03
(+0.32%)
USD |
Mar 17 2023
Key Stats
| Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
|---|---|---|---|
| 0.82% | 26.35B | 3.04% | 79.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
| -7.406B | -9.64% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks to maximize total return, consistent with prudent investment management and liquidity needs. The fund invests in a portfolio of fixed income securities of various maturities and, under normal market conditions, will invest at least 80% of its net assets in debt and fixed income securities. Although the fund may invest in securities of any maturity, it will normally maintain a dollar-weighted average effective duration within 30% of the average duration of the domestic bond market as a whole as estimated by the fund's subadvisers. The fund may invest up to 20% of its total assets in non-U.S. dollar denominated securities. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | WACPX |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Moderate Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Intermediate Core-Plus Bond |
| Category Index | Bloomberg US Universal TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Corporate Bond - General |
| Fund Owner Firm Name | Franklin Templeton Investments |
| Prospectus Benchmark Index | |
| Bloomberg US Agg Bond TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Mark Lindbloom | 16.17 yrs |
| S. Leech | 9.54 yrs |
| Julien Scholnick | 6.84 yrs |
| Frederick Marki | 4.84 yrs |
| John Bellows | 4.84 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
--
--
Category Low
--
Category High
1 Year
% Rank:
99
-7.406B
-8.753B
Category Low
19.79B
Category High
3 Months
% Rank:
--
--
Category Low
--
Category High
3 Years
% Rank:
--
--
Category Low
--
Category High
6 Months
% Rank:
--
--
Category Low
--
Category High
5 Years
% Rank:
--
--
Category Low
--
Category High
YTD
% Rank:
--
--
Category Low
--
Category High
10 Years
% Rank:
--
--
Category Low
--
Category High
As of February 28, 2023
Risk
Performance Versus Category
As of March 17, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 17, 2023.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Western Asset Prem Instl Govtt Rsrv Pref | 5.00% | 1.00 | 0.00% |
|
United States Treasury Bonds 4%
|
1.74% | -- | -- |
|
United States Treasury Bonds 2.875%
|
1.71% | -- | -- |
|
Federal National Mortgage Association 2.5%
|
1.64% | -- | -- |
|
Mexico (United Mexican States) 7.75%
|
1.46% | -- | -- |
|
Government National Mortgage Association 2.5%
|
1.30% | -- | -- |
|
China (People's Republic Of) 3.29%
|
1.15% | -- | -- |
|
Federal National Mortgage Association 3.5%
|
1.13% | -- | -- |
|
Federal National Mortgage Association 3%
|
1.11% | -- | -- |
|
United States Treasury Bonds 1.25%
|
1.11% | -- | -- |
Basic Info
| Investment Strategy | |
| The investment seeks to maximize total return, consistent with prudent investment management and liquidity needs. The fund invests in a portfolio of fixed income securities of various maturities and, under normal market conditions, will invest at least 80% of its net assets in debt and fixed income securities. Although the fund may invest in securities of any maturity, it will normally maintain a dollar-weighted average effective duration within 30% of the average duration of the domestic bond market as a whole as estimated by the fund's subadvisers. The fund may invest up to 20% of its total assets in non-U.S. dollar denominated securities. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | WACPX |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Moderate Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Intermediate Core-Plus Bond |
| Category Index | Bloomberg US Universal TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Corporate Bond - General |
| Fund Owner Firm Name | Franklin Templeton Investments |
| Prospectus Benchmark Index | |
| Bloomberg US Agg Bond TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Mark Lindbloom | 16.17 yrs |
| S. Leech | 9.54 yrs |
| Julien Scholnick | 6.84 yrs |
| Frederick Marki | 4.84 yrs |
| John Bellows | 4.84 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (3-17-23) | 3.04% |
| 30-Day SEC Yield (2-28-23) | Upgrade |
| 7-Day SEC Yield (3-17-23) | Upgrade |
| Number of Holdings | Upgrade |
| Bond | |
| Current Yield | 4.33% |
| Yield to Maturity | Upgrade |
| Effective Duration | Upgrade |
| Average Coupon | Upgrade |
| Average Credit Score | Upgrade |
| Average Price | Upgrade |
As of December 31, 2022
Fund Details
| Key Dates | |
| Inception Date | 1/8/2002 |
| Last Annual Report Date | 12/31/2021 |
| Last Prospectus Date | 5/1/2022 |
| Share Classes | |
| LWCPX | C |
| WACPX | Inst |
| WAPAX | A |
| WAPCX | C |
| WAPRX | Retirement |
| WAPSX | Inst |
| Attributes | |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |