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Western Asset Core Plus Bond IS WAPSX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
12.20  /  0.06 %
Total Assets
42.0 Bil
Adj. Expense Ratio
0.420%
Expense Ratio
0.420%
Fee Level
Below Average
Longest Manager Tenure
14.57 years
Category
Intermediate Core-Plus Bond
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Min. Initial Investment
1,000,000
Status
Open
TTM Yield
2.52%
Effective Duration
7.11 years

USD | NAV as of Jul 23, 2021 | 1-Day Return as of Jul 23, 2021, 10:42 PM GMT+00:00

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Morningstar’s Analysis

Will WAPSX outperform in future?

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

Process Pillar

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The Process Pillar is our assessment of how sensible, clearly defined, and repeatable WAPSX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

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The People Pillar is our evaluation of the WAPSX 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

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The Parent Pillar is our rating of WAPSX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Continues to trounce the competition in a thoughtful way.

Analyst

Summary

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Western Asset Core Plus Bond benefits from a seasoned and deep investment team that executes a thorough, value-driven process. The strategy's cheapest share classes earn a Morningstar Analyst Rating of Gold, while its more expensive share classes range from Silver to Bronze.

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