Morningstar

Western Asset Core Bond Fund Class C1 LWACX

Morningstar Medalist Rating
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Medalist Rating as of See Franklin Templeton Investment Hub
  • NAV / 1-Day Return $10.19  /  +0.89 %
  • Fund Size $1.5B
  • Adjusted Expense Ratio 1.420%
  • Net Expense Ratio 1.420%
  • Fee Level: Distribution Below Average
  • Share Class Type Level Load
  • Morningstar Category Intermediate Core Bond
  • Fixed-Income Style Box (Funds) Medium/Moderate
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 3.59%
  • Average Effective Duration 6.33 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis LWACX

Will LWACX outperform in the 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 LWACX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

Analyst Ratings Unchanged After Surprise Manager Departure on Western Asset Core Bond.

null Max Curtin

Max Curtin

Analyst Note

The Morningstar Medalist Ratings for Western Asset Core Bond are unaffected by comanager Nicholas Mastroianni’s sudden exit, which parent firm Franklin Templeton disclosed in a Sept. 18, 2026, prospectus supplement.

by Max Curtin
Published on

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Portfolio Holdings LWACX

More LWACX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 14.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bonds 4.5%

4.06 61M
Government

United States Treasury Bonds 3.375%

3.42 51M
Government

United States Treasury Bonds 4%

2.28 34M
Government

Federal National Mortgage Association 3%

0.93 14M
Securitized

Government National Mortgage Association 2%

0.89 13M
Securitized

Government National Mortgage Association 3.5%

0.70 10M
Securitized

United States Treasury Bonds 5%

0.66 10M
Government

CSMC 2020-West 4.14606%

0.64 9M
Securitized

OBX Trust 2026-NQM2 5.417%

0.61 9M
Securitized

CSMC TRUST 2017-RPL1 2.99177%

0.61 9M
Securitized

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