Morningstar

Western Asset Intermediate Bond Fund Class A WATAX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 9.71  /  −0.10 %
  • Total Assets 158.0M
  • Adj. Expense Ratio
    0.790%
  • Expense Ratio 0.760%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.83%
  • Effective Duration 3.84 years

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 12:38 AM GMT+0

Morningstar’s Analysis WATAX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Western Asset Intermediate Bond A holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings WATAX

More WATAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 36.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4.125%

8.51 13M
Government

United States Treasury Notes 4%

8.11 13M
Government

United States Treasury Notes 4.125%

7.94 13M
Government

United States Treasury Notes 4%

7.88 12M
Government

United States Treasury Notes 2.75%

0.83 1M
Government

Asian Development Bank 1.5%

0.80 1M
Government

Tsmc Arizona Corp. 1.75%

0.73 1M
Corporate

Government National Mortgage Association 2%

0.71 1M
Securitized

United States Treasury Notes 1.875%

0.67 1M
Government

CARVAL CLO XI-C LTD /LLC 5.06523%

0.63 1M
Securitized

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