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Morningstar

Western Asset Core Plus Bond FI WACIX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 8.86  /  0.15 %
  • Total Assets 22.6 Bil
  • Adj. Expense Ratio
    0.820%
  • Expense Ratio 0.820%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Extensive
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 3.73%
  • Effective Duration 7.82 years

USD | NAV as of Sep 30, 2023 | 1-Day Return as of Sep 30, 2023, 12:17 AM GMT+0

Morningstar’s Analysis WACIX

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

People Pillar

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

Mike Buchanan Named Co-CIO of Western Asset; Ratings Unchanged

null Mike Mulach

Mike Mulach

Analyst Note

Western Asset named Mike Buchanan as co-CIO alongside Ken Leech on Sept. 1, 2023. While there are no indications that Leech has imminent plans to retire, we view this as part of prudent succession planning rather than a significant shift in investment responsibilities. Buchanan remains Western’s head of global credit and has been Western’s deputy CIO since 2015.

by Mike Mulach
Published on

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Portfolio Holdings WACIX

More WACIX Holdings
  • Current Portfolio Date
  • Equity Holdings 2
  • Bond Holdings 2900
  • Other Holdings 157
  • % Assets in Top 10 Holdings 9.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fx Fut Jpn Yen Curr Fut Sep23

3.18
778,444,667
Derivative

Usd/Aud Ffx Due 071823

2.61
638,866,331
Derivative

Cad/Usd Ffx Due 071823-Cross

2.18
534,053,640
Derivative

Mexico (United Mexican States) 7.75%

1.76
432,030,726
Government

Jpy/Usd Ffx Due 071823

1.42
348,755,158
Derivative

Mexico (United Mexican States) 8%

1.33
326,233,454
Government

United States Treasury Notes 1.125%

1.24
302,680,488
Government

Jpy/Usd Ffx Due 071823-Cross

1.21
295,651,284
Derivative

Western Asset Prem Instl Govtt Rsrv Pref

1.18
288,622,494
Cash and Equivalents

Usd/Gbp Ffx Due 071823-Cross

1.10
268,716,123
Derivative