Morningstar

Western Asset Total Return Unconstrained Fund Class IS WAASX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 9.02  /  +0.11 %
  • Total Assets 41.1M
  • Adj. Expense Ratio
    0.670%
  • Expense Ratio 0.640%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 5.73%
  • Effective Duration 3.07 years

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 12:38 AM GMT+0

Morningstar’s Analysis WAASX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Western Asset Total Return Uncons IS holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings WAASX

More WAASX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 37.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Resrvble For Fut & Opt

8.55 4M
Cash and Equivalents

United States Treasury Bonds 3.75%

7.37 3M
Government

United States Treasury Notes 3.75%

5.72 2M
Government

United States Treasury Bonds 4.75%

5.20 2M
Government

BRL/USD FFX DUE 090226 Purchased

4.60 2M
Derivative

United States Treasury Notes 4%

4.24 2M
Government

USD/EUR FFX DUE 071626-Cross Purchased

3.94 2M
Derivative

Resrvble For Fut & Opt

3.38 1M
Cash and Equivalents

INR/USD FFX DUE 071626 Purchased

3.18 1M
Derivative

India (Republic of) 5.79%

3.12 1M
Government

Sponsor Center