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Morningstar

Western Asset Macro Opportunities FI LAFIX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 9.47  /  +0.32 %
  • Total Assets 267.1 Mil
  • Adj. Expense Ratio
    1.620%
  • Expense Ratio 1.620%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment —
  • Status Open
  • TTM Yield —
  • Effective Duration 8.31 years

USD | NAV as of Apr 20, 2024 | 1-Day Return as of Apr 20, 2024, 12:21 AM GMT+0

Morningstar’s Analysis LAFIX

Will LAFIX 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 LAFIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LAFIX 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 LAFIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

An aggressive option.

Senior Analyst Elbie Louw

Elbie Louw

Senior Analyst

Summary

Franklin Templeton Western Asset Macro Opportunities Bond still benefits from the experience and complementary skill-sets of its comanagers, but doubts about the team’s approach to risk have resulted in a downgrade of the Process Pillar to Average from Above Average.

by Elbie Louw
Rated on Published on

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Portfolio Holdings LAFIX

More LAFIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 43.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Resrvble For Fut & Opt

21.74 58.3 Mil
Cash and Equivalents

Fx Fut Mexican Peso Fut Mar24

10.35 27.8 Mil
Derivative

Idr/Usd Ffx Due 041924

9.10 24.4 Mil
Derivative

Fx Fut Jpn Yen Curr Fut Mar24

8.78 23.6 Mil
Derivative

Mxn/Usd Ffx Due 041924

8.76 23.5 Mil
Derivative

Fx Fut Euro Fx Curr Fut Mar24

8.27 22.2 Mil
Derivative

Usd/Aud Ffx Due 041924

8.03 21.6 Mil
Derivative

Mexico (United Mexican States) 7.75%

6.90 18.5 Mil
Government

Pln/Usd Ffx Due 041924

6.64 17.8 Mil
Derivative

United States Treasury Notes 3.625%

6.58 17.7 Mil
Government