Fund Times

It's Hard to Find a Serious Weakness in This Bond Fund

Maciej Kowara

The following is our latest Fund Analyst Report for Western Asset Core Bond (WATFX). Morningstar Premium Members have access to full analyst reports such as this for more than 1,000 of the largest and best mutual funds. Not a Premium Member? Gain full access to our analyst reports and advanced tools immediately when you try Morningstar Premium free for 14 days.

It is hard to find a serious weakness in Western Asset Core Bond. Morningstar recently raised the Parent rating for Legg Mason, Western's owner, to Positive, and the fund scores well on our other pillars. We are therefore raising its Morningstar Analyst Rating to Gold.

Maciej Kowara does not own shares in any of the securities mentioned above. Find out about Morningstar's editorial policies.