WACPX: Western Asset Core Plus Bond Fund - MutualFunds.com
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WACPX - Snapshot

Vitals

  • YTD Return -2.6%
  • 3 Yr Annualized Return 6.9%
  • 5 Yr Annualized Return 4.8%
  • Net Assets $41.9 B
  • Holdings in Top 10 16.6%

52 WEEK LOW AND HIGH

$12.23
$11.89
$12.67

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.45%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 95.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA $1,000,000

Fund Classification


Compare WACPX to Popular U.S. Intermediate-Term Bond Duration Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$86.76

+0.15%

$312.15 B

1.97%

$1.71

-1.54%

0.04%

$11.43

+0.18%

$312.15 B

-

$0.00

-1.64%

0.15%

$11.28

+0.18%

$251.65 B

1.88%

$0.21

-1.57%

0.09%

$11.09

+0.09%

$89.74 B

1.04%

$0.11

-0.81%

0.68%

$116.46

+0.14%

$88.80 B

1.87%

$2.18

-1.40%

0.04%

WACPX - Profile

Distributions

  • YTD Total Return -2.6%
  • 3 Yr Annualized Total Return 6.9%
  • 5 Yr Annualized Total Return 4.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.49%
DIVIDENDS
  • Dividend Yield 2.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Western Asset Core Plus Bond Fund
  • Fund Family Name
    Legg Mason
  • Inception Date
    Jul 08, 1998
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Mark Lindbloom

Fund Description

The fund invests in a portfolio of fixed income securities of various maturities and, under normal market conditions, will invest at least 80% of its net assets in debt and fixed income securities. Although the fund may invest in securities of any maturity, it will normally maintain a dollar-weighted average effective duration within 30% of the average duration of the domestic bond market as a whole as estimated by the fund's subadvisers. The fund may invest up to 20% of its total assets in non-U.S. dollar denominated securities.


WACPX - Performance

Return Ranking - Trailing

Period WACPX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.6% -83.5% 1380.0% 94.54%
1 Yr 3.1% -9.0% 21.3% 26.11%
3 Yr 6.9%* 0.2% 10.6% 8.12%
5 Yr 4.8%* 0.8% 7.7% 6.76%
10 Yr 4.9%* 1.1% 8.1% 5.73%

* Annualized

Return Ranking - Calendar

Period WACPX Return Category Return Low Category Return High Rank in Category (%)
2020 4.9% -82.5% 1027.9% 31.29%
2019 6.8% -20.8% 23.0% 13.84%
2018 -5.3% -12.9% 2.7% 94.09%
2017 3.6% -49.5% 14.3% 2.53%
2016 0.0% -49.3% 192.8% 68.86%

Total Return Ranking - Trailing

Period WACPX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.6% -83.5% 1378.2% 94.54%
1 Yr 3.1% -11.8% 21.3% 20.32%
3 Yr 6.9%* -0.8% 10.6% 7.53%
5 Yr 4.8%* 0.6% 7.7% 5.75%
10 Yr 4.9%* 1.1% 8.1% 5.40%

* Annualized

Total Return Ranking - Calendar

Period WACPX Return Category Return Low Category Return High Rank in Category (%)
2020 4.9% -82.5% 1027.9% 31.29%
2019 6.8% -20.8% 23.0% 15.64%
2018 -5.3% -12.9% 3.9% 94.52%
2017 3.6% -6.0% 17.4% 16.34%
2016 0.0% -7.0% 204.3% 79.62%

NAV & Total Return History


WACPX - Holdings

Concentration Analysis

WACPX Category Low Category High WACPX % Rank
Net Assets 41.9 B 3.2 M 312 B 5.37%
Number of Holdings 2976 1 18622 8.24%
Net Assets in Top 10 6.88 B -1.14 B 45.3 B 7.06%
Weighting of Top 10 16.63% 3.5% 100.0% 80.09%

Top 10 Holdings

  1. United States Treasury Notes 1.25% 2.56%
  2. Federal National Mortgage Association 2% 2.34%
  3. United States Treasury Notes 0.25% 2.21%
  4. Federal National Mortgage Association 2% 1.93%
  5. United States Treasury Bonds 1.38% 1.90%
  6. United States Treasury Bonds 1.25% 1.88%
  7. United States Treasury Bills 0% 1.83%
  8. Western Asset Prem Instl Govtt Rsrv Pref 1.60%
  9. United States Treasury Bonds 2.88% 1.49%
  10. United States Treasury Bonds 1.88% 1.46%

Asset Allocation

Weighting Return Low Return High WACPX % Rank
Bonds
98.78% -51.48% 176.88% 20.90%
Convertible Bonds
1.48% 0.00% 38.29% 44.43%
Other
0.02% -16.32% 24.37% 9.23%
Stocks
0.00% -0.16% 30.64% 67.87%
Preferred Stocks
0.00% 0.00% 84.24% 73.12%
Cash
-0.28% -86.81% 162.71% 86.06%

Bond Sector Breakdown

Weighting Return Low Return High WACPX % Rank
Corporate
30.44% 0.00% 100.00% 52.49%
Government
27.96% 0.00% 80.07% 38.64%
Securitized
20.06% 0.00% 98.86% 77.83%
Derivative
18.79% 0.00% 25.69% 1.63%
Cash & Equivalents
2.74% 0.00% 100.00% 72.22%
Municipal
0.01% 0.00% 100.00% 71.95%

Bond Geographic Breakdown

Weighting Return Low Return High WACPX % Rank
US
81.13% -51.75% 245.19% 62.35%
Non US
17.65% -108.35% 39.51% 17.01%

WACPX - Expenses

Operational Fees

WACPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.45% 0.01% 2.91% 71.18%
Management Fee 0.40% 0.00% 0.85% 64.57%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

WACPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

WACPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

WACPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 95.00% 6.00% 496.00% 40.29%

WACPX - Distributions

Dividend Yield Analysis

WACPX Category Low Category High WACPX % Rank
Dividend Yield 2.29% 0.00% 3.37% 57.36%

Dividend Distribution Analysis

WACPX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

WACPX Category Low Category High WACPX % Rank
Net Income Ratio 2.49% -0.39% 11.28% 22.80%

Capital Gain Distribution Analysis

WACPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

WACPX - Fund Manager Analysis

Managers

Mark Lindbloom


Start Date

Tenure

Tenure Rank

Dec 31, 2006

14.51

14.5%

– Western Asset Management Company, LLC – Portfolio Manager, 2005- – Citigroup Asset Management – Portfolio Manager, 1986-2005 – Brown Brothers Harriman & Co. – Portfolio Manager, 1981-1986 – New York Life Ins. – Analyst, 1978-1980 – Pace University, M.B.A. – Rider University, B.S.

S. Leech


Start Date

Tenure

Tenure Rank

Aug 19, 2013

7.87

7.9%

– Western Asset Management Company, LLC – Chief Investment Officer, 1990– – Greenwich Capital Markets – Portfolio Manager, 1988–1990 – The First Boston Corporation – Fixed Income Manager, 1980–1988 – National Bank of Detroit – Portfolio Manager, 1977–1980 – The Wharton School, University of Pennsylvania, M.B.A., B.S., B.A., summa cum laude, 1972–1976

Julien Scholnick


Start Date

Tenure

Tenure Rank

May 01, 2016

5.17

5.2%

– Western Asset Management Company, LLC – Portfolio Manager, 2003- – Salomon Smith Barney – Associate, Private Client Group, 2000-2001 – Digital Coast Partners – Senior Analyst, 1999-2000 – Arthur Andersen, LLP – Senior Analyst, 1997-1999 – Cornell University, M.B.A. – University of California, Los Angeles, B.A., magna cum laude – Chartered Financial Analyst

John Bellows


Start Date

Tenure

Tenure Rank

May 01, 2018

3.17

3.2%

– Western Asset Management Company, LLC – Portfolio Manager, 2012- – U.S. Department of the Treasury – Acting Assistant Secretary for Economic Policy; Deputy Assistant Secretary for Microeconomic Analysis; Senior Advisor in the Office of Economic Policy, 2009-2011 – University of California, Berkeley, PhD Economics – Dartmouth College, B.A. Economics, magna cum laude – Chartered Financial Analyst

Frederick Marki


Start Date

Tenure

Tenure Rank

May 01, 2018

3.17

3.2%

Frederick R. Marki is a Portfolio manager of Western since 2005. He began his investment career in 1983 and has a BS from the Massachusetts Institute of Technology. Marki joined Western Asset in 2006. Prior to this, Marki was a director of Citigroup Asset Management and investment officer of the manager. and its predecessor companies.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 32.51 6.76 0.25