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Western Asset Core Bond FI WAPIX

Analyst rating as of
NAV / 1-Day Return
10.83  /  1.21 %
Total Assets
14.6 Bil
Adj. Expense Ratio
0.810%
Expense Ratio
0.810%
Fee Level
High
Longest Manager Tenure
15.92 years
Category
Intermediate Core Bond
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Min. Initial Investment
0
Status
Open
TTM Yield
2.15%
Effective Duration
7.10 years

Morningstar’s Fund Analysis WAPIX

Will WAPIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Patience required.

Senior Analyst

Summary

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Western Asset Core Bond still benefits from an experienced and capable group of managers, but some of the key supporting sector teams no longer stand out in their own right. Risk management practices are another source of concern, even if the team’s relative value approach remains thoughtful. The strategy’s cheapest shares have been downgraded to Morningstar Analyst Ratings of Bronze from Gold, with more-expensive share classes carrying Neutral to Negative ratings.

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