Morningstar

Western Asset Core Plus Bond Fund Class C WAPCX

Morningstar Medalist Rating
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Medalist Rating as of See Franklin Templeton Investment Hub
  • NAV / 1-Day Return$8.83  /  −0.79%
  • Fund Size$3.2B
  • Adjusted Expense Ratio1.520%
  • Net Expense Ratio1.510%
  • Fee Level: DistributionAbove Average
  • Share Class TypeLevel Load
  • Morningstar CategoryIntermediate Core-Plus Bond
  • Fixed-Income Style Box (Funds)Medium/Moderate
  • Minimum Initial Investment$1,000
  • Investment StatusOpen
  • TTM Yield3.94%
  • Average Effective Duration6.25 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis WAPCX

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

  • People Pillar

    The People Pillar is our evaluation of the WAPCX 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 WAPCX’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 Plus Bond.

null Max Curtin

Max Curtin

Analyst Note

The Morningstar Medalist Ratings for Western Asset Core Plus 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 WAPCX

More WAPCX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings9.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

U.S. Treasury Bond Stripped Principal Payment 0%

1.3142M
Government

United States Treasury Notes 4.25%

1.3041M
Government

Federal National Mortgage Association 5%

1.2440M
Securitized

United States Treasury Bonds 2.875%

1.1035M
Government

USD/AUD FFX DUE 101626 Purchased

0.9530M
Derivative

United States Treasury Bonds 4.75%

0.9029M
Government

USD/EUR FFX DUE 101626 Purchased

0.8527M
Derivative

Resrvble For Fut & Opt

0.7925M
Cash and Equivalents

Government National Mortgage Association 2%

0.7825M
Securitized

United States Treasury Notes 4.375%

0.7323M
Government

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