Western Asset Corporate Bond benefits from a capable lead manager, the support of a seasoned cohort of corporate bond managers and analysts, and a thorough, value-driven process that leans on the firm’s deep resources. Its cheapest share classes earn a Morningstar Analyst Rating of Bronze, while its more expensive share classes range from Neutral to Negative.
Western Asset Corporate Bond C LWBOX
NAV / 1-Day Return
12.82
/
0.60
%
Total Assets
1.4 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.570%
Expense Ratio
1.570%
Fee Level
Average
Longest Manager Tenure
11.72
years
Category
Corporate Bond
Credit Quality / Interest Rate Sensitivity
Medium / ExtensiveMin. Initial Investment
1,000
Status
Open
TTM Yield
1.99%
Effective Duration
8.05
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will LWBOX 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 LWBOX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the LWBOX 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 LWBOX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A thoughtful way to gain corporate credit exposure.
