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Western Asset Core Plus Bond IS WAPSX

Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 9.22  /  −0.28 %
  • Total Assets 19.6 Bil
  • Adj. Expense Ratio
    0.420%
  • Expense Ratio 0.420%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 4.68%
  • Effective Duration 7.00 years

USD | NAV as of May 18, 2024 | 1-Day Return as of May 18, 2024, 12:43 AM GMT+0

Morningstar’s Analysis WAPSX

Will WAPSX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Key Manager Abruptly Departs Western Asset's Core and Core Plus Bond Funds; Ratings Under Review

null Mike Mulach

Mike Mulach

Analyst Note

Key portfolio manager and research analyst John Bellows unexpectedly left Western Asset on May 1, 2024. As the potential heir to co-CIO Ken Leech, Bellows played a key role as the firm's US Federal Reserve expert and, more recently, as head of its broad markets team. He had been an important contributor in comanaging the Western Asset Core Bond and Western Asset Core Plus Bond strategies as well. We are placing these strategies under review to evaluate the impact of Bellows' departure.

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Portfolio Holdings WAPSX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 9.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Jpy/Usd Ffx Due 041924-Cross

2.35 484.5 Mil
Derivative

Usd/Eur Ffx Due 041924-Cross

2.30 473.9 Mil
Derivative

Usd/Aud Ffx Due 041924

2.28 471.1 Mil
Derivative

Usd/Gbp Ffx Due 041924-Cross

2.20 454.7 Mil
Derivative

Mexico (United Mexican States) 7.75%

2.10 433.0 Mil
Government

Usd/Eur Ffx Due 041924

1.90 392.2 Mil
Derivative

Chf/Usd Ffx Due 041924

1.48 306.0 Mil
Derivative

Mxn/Usd Ffx Due 041924

1.35 278.7 Mil
Derivative

United States Treasury Bonds 4.75%

1.26 260.6 Mil
Government

Cny/Usd Ffx Due 041924

1.20 247.5 Mil
Derivative