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Morningstar

Western Asset Core Bond IS WACSX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 10.47  /  1.00 %
  • Total Assets 14.2 Bil
  • Adj. Expense Ratio
    0.420%
  • Expense Ratio 0.420%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 1,000,000
  • Status Open
  • TTM Yield 3.84%
  • Effective Duration 7.24 years

USD | NAV as of Dec 02, 2023 | 1-Day Return as of Dec 02, 2023, 1:29 AM GMT+0

Morningstar’s Analysis WACSX

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

People Pillar

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

A volatile approach that could be worth a look.

Senior Analyst Mike Mulach

Mike Mulach

Senior Analyst

Summary

Western Asset Core Bond’s capable management and thorough relative value approach remain a draw. Still, it can take on high volatility, so investors may be better served using this as a piece rather than a cornerstone of their fixed-income portfolio.

by Mike Mulach
Rated on Published on

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Portfolio Holdings WACSX

More WACSX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 2725
  • Other Holdings 23
  • % Assets in Top 10 Holdings 8.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Western Asset Prem Instl Govtt Rsrv Pref

2.24
310,683,789
Cash and Equivalents

United States Treasury Bonds 1.875%

1.14
157,863,851
Government

United States Treasury Bonds 4%

1.06
146,965,155
Government

United States Treasury Bonds 3.625%

1.06
146,612,846
Government

United States Treasury Notes 1.125%

1.00
139,010,198
Government

Federal National Mortgage Association 6%

0.99
137,757,280
Securitized

United States Treasury Bonds 3.375%

0.73
101,905,995
Government

United States Treasury Bonds 1.625%

0.68
94,130,542
Government

Wells Fargo & Company 5.013%

0.65
89,540,102
Corporate

Government National Mortgage Association 5.5%

0.62
85,368,272
Securitized