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Morningstar

Western Asset Total Return Uncons I WAARX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 8.89  /  +0.23 %
  • Total Assets 232.4 Mil
  • Adj. Expense Ratio
    0.750%
  • Expense Ratio 0.750%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 3.00%
  • Effective Duration 2.86 years

USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 12:50 AM GMT+0

Morningstar’s Analysis WAARX

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

  • People Pillar

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

Strength in Western Asset Total Return Uncons I's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings WAARX

More WAARX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 34.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Resrvble For Fut & Opt

15.21 34.9 Mil
Cash and Equivalents

Western Asset Prem Instl Govtt Rsrv Pref

10.77 24.7 Mil
Cash and Equivalents

United States Treasury Notes 3.75%

6.82 15.6 Mil
Government

Brl/Usd Ffx Due 041924

6.40 14.7 Mil
Derivative

Government National Mortgage Association 5%

5.88 13.5 Mil
Securitized

Usd/Eur Ffx Due 041924-Cross

3.75 8.6 Mil
Derivative

Federal National Mortgage Association 5%

3.58 8.2 Mil
Securitized

Cny/Usd Ffx Due 041924

3.24 7.4 Mil
Derivative

Government National Mortgage Association 5.5%

3.23 7.4 Mil
Securitized

United States Treasury Notes 4%

3.19 7.3 Mil
Government