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Western Asset Core Plus Bond IS WAPSX

Analyst rating as of
NAV / 1-Day Return
9.63  /  1.38 %
Total Assets
27.4 Bil
Adj. Expense Ratio
0.420%
Expense Ratio
0.420%
Fee Level
Below Average
Longest Manager Tenure
15.92 years
Category
Intermediate Core-Plus Bond
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Min. Initial Investment
1,000,000
Status
Open
TTM Yield
3.05%
Effective Duration
7.77 years

Morningstar’s Fund Analysis WAPSX

Will WAPSX outperform in future?

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

Patience required.

Senior Analyst

Summary

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Western Asset Core Plus Bond still benefits from an experienced and capable group of managers, but some of the key supporting sector teams no longer stand out on their own. Risk management practices are another source of concern, even if the team’s relative value approach remains thoughtful. The Morningstar Analyst Ratings for the cheapest shares have been downgraded to Bronze from Gold, with more expensive share classes rated Neutral.

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