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Morningstar

Western Asset Total Return Uncons FI WARIX

Morningstar Analyst Rating
Quantitative rating as of
  • NAV / 1-Day Return 8.94  /  0.11 %
  • Total Assets 452.0 Mil
  • Adj. Expense Ratio
    1.050%
  • Expense Ratio 1.050%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 0.74%
  • Effective Duration 3.40 years

USD | NAV as of Jan 28, 2023 | 1-Day Return as of Jan 28, 2023, 1:16 AM GMT+00:00

Morningstar’s Analysis WARIX

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

People Pillar

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

Summary

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A decline in People Pillar rating is the primary driver of Western Asset Total Return Uncons FI's downgrade to a Morningstar Quantitative Rating of Neutral from Bronze. The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

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