Morningstar

Western Asset Core Bond Fund Class FI WAPIX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 10.49  /  +0.19 %
  • Total Assets 1.6B
  • Adj. Expense Ratio
    0.800%
  • Expense Ratio 0.780%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 3.96%
  • Effective Duration 6.02 years

USD | NAV as of Jul 15, 2026 | 1-Day Return as of Jul 15, 2026, 12:30 AM GMT+0

Morningstar’s Analysis WAPIX

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

  • People Pillar

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

Analyst Ratings Unchanged After Manager Swaps on Western Asset Core Bond

null Max Curtin

Max Curtin

Analyst Note

On April 17, 2026, Franklin Templeton announced several portfolio manager departures as part of a series of voluntary retirement offers extended to eligible employees in February 2026. The program was offered to an undisclosed number of employees, including professionals from Franklin’s public markets investment groups, based on certain age and firm tenure criteria. Franklin communicated that the departures, which will occur on differing timelines depending on individual team needs, affect less than 5% of public markets investment professionals.

by Max Curtin
Published on

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Portfolio Holdings WAPIX

More WAPIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 18.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bonds 4.5%

6.64 110M
Government

United States Treasury Bonds 3.375%

4.23 70M
Government

United States Treasury Bonds 4%

1.95 33M
Government

Federal National Mortgage Association 3%

0.92 15M
Securitized

Government National Mortgage Association 2%

0.85 14M
Securitized

Tsmc Arizona Corp. 2.5%

0.82 14M
Corporate

United States Treasury Notes 4.375%

0.76 13M
Government

Western Asset Prem Instl Govtt Rsrv Pref

0.68 11M
Cash and Equivalents

Government National Mortgage Association 5%

0.68 11M
Securitized

Government National Mortgage Association 3.5%

0.68 11M
Securitized

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