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Mutual Funds Weekly Roundup: August 2
Brian Mathews
|
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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.
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| Period | WACPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.3% | -11.8% | 327.9% | 71.57% |
| 1 Yr | 3.6% | -9.3% | 321.9% | 71.18% |
| 3 Yr | 1.5%* | -7.5% | 63.1% | 74.50% |
| 5 Yr | 1.6%* | -5.9% | 34.1% | 37.23% |
| 10 Yr | 1.3%* | -4.9% | 15.7% | 9.35% |
* Annualized
| Period | WACPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 6.8% | -1.3% | 13.9% | 15.29% |
| 2018 | -5.3% | -10.3% | 2.7% | 95.10% |
| 2017 | 3.6% | -2.2% | 8.1% | 3.60% |
| 2016 | 0.0% | -22.1% | 192.8% | 71.33% |
| 2015 | -1.8% | -12.2% | -0.4% | 18.05% |
| Period | WACPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.3% | -11.8% | 327.9% | 71.57% |
| 1 Yr | 3.6% | -9.3% | 321.9% | 71.18% |
| 3 Yr | 1.5%* | -7.5% | 63.1% | 79.89% |
| 5 Yr | 1.6%* | -5.9% | 34.8% | 57.45% |
| 10 Yr | 1.3%* | -4.9% | 16.2% | 36.92% |
* Annualized
| Period | WACPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 6.8% | -1.2% | 13.9% | 18.30% |
| 2018 | -5.3% | -10.3% | 3.9% | 96.19% |
| 2017 | 3.6% | -2.2% | 8.4% | 23.72% |
| 2016 | 0.0% | -22.1% | 204.3% | 81.23% |
| 2015 | -1.8% | -12.2% | 3.7% | 41.73% |
| WACPX | Category Low | Category High | WACPX % Rank | |
|---|---|---|---|---|
| Net Assets | 36.2 B | 3.16 M | 288 B | 12.56% |
| Number of Holdings | 2735 | 10 | 18180 | 11.71% |
| Net Assets in Top 10 | 5.56 B | -1.2 B | 39.4 B | 11.01% |
| Weighting of Top 10 | 16.32% | 7.5% | 100.0% | 75.06% |
| Weighting | Return Low | Return High | WACPX % Rank | |
|---|---|---|---|---|
| Bonds | 91.13% | -67.87% | 231.56% | 77.57% |
| Cash | 6.89% | -137.69% | 173.81% | 27.87% |
| Convertible Bonds | 1.96% | 0.00% | 4.38% | 19.44% |
| Other | 0.02% | -7.84% | 7.38% | 11.94% |
| Stocks | 0.00% | 0.00% | 12.20% | 92.52% |
| Preferred Stocks | 0.00% | 0.00% | 79.92% | 93.21% |
| Weighting | Return Low | Return High | WACPX % Rank | |
|---|---|---|---|---|
| Corporate | 29.33% | 0.00% | 84.33% | 54.57% |
| Derivative | 26.28% | -0.83% | 26.28% | 1.17% |
| Securitized | 19.53% | 0.00% | 89.23% | 77.52% |
| Government | 17.49% | 0.00% | 84.96% | 63.00% |
| Cash & Equivalents | 7.35% | 0.00% | 60.23% | 36.30% |
| Municipal | 0.03% | 0.00% | 27.42% | 74.00% |
| Weighting | Return Low | Return High | WACPX % Rank | |
|---|---|---|---|---|
| US | 72.08% | -68.10% | 239.68% | 79.63% |
| Non US | 19.05% | -140.55% | 78.28% | 18.97% |
| WACPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.52% | 0.01% | 18.96% | 79.71% |
| Management Fee | 0.40% | 0.00% | 1.00% | 64.55% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.50% | N/A |
| WACPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.50% | 4.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
| WACPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
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 | 122.00% | 3.00% | 449.00% | 53.07% |
| WACPX | Category Low | Category High | WACPX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 3.41% | 90.47% |
| WACPX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
| WACPX | Category Low | Category High | WACPX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 3.36% | 0.45% | 11.28% | 8.72% |
| WACPX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
| Date | Amount |
|---|---|
| Mar 29, 2019 | $0.035 |
| Feb 28, 2019 | $0.033 |
| Jan 31, 2019 | $0.034 |
| Dec 31, 2018 | $0.035 |
| Nov 30, 2018 | $0.037 |
| Oct 31, 2018 | $0.033 |
| Aug 31, 2018 | $0.038 |
| Jul 31, 2018 | $0.032 |
| Jun 29, 2018 | $0.033 |
| May 31, 2018 | $0.033 |
| Apr 30, 2018 | $0.031 |
| Mar 29, 2018 | $0.033 |
| Feb 28, 2018 | $0.029 |
| Jan 31, 2018 | $0.030 |
| Dec 29, 2017 | $0.047 |
| Nov 30, 2017 | $0.039 |
| Oct 31, 2017 | $0.028 |
| Sep 29, 2017 | $0.028 |
| Aug 31, 2017 | $0.029 |
| Jul 31, 2017 | $0.027 |
| Jun 30, 2017 | $0.032 |
| May 31, 2017 | $0.030 |
| Apr 28, 2017 | $0.027 |
| Mar 31, 2017 | $0.032 |
| Feb 28, 2017 | $0.028 |
| Jan 31, 2017 | $0.027 |
| Dec 30, 2016 | $0.033 |
| Nov 30, 2016 | $0.077 |
| Oct 31, 2016 | $0.028 |
| Sep 30, 2016 | $0.031 |
| Aug 31, 2016 | $0.032 |
| Jul 29, 2016 | $0.033 |
| Jun 30, 2016 | $0.032 |
| May 31, 2016 | $0.032 |
| Apr 29, 2016 | $0.033 |
| Mar 31, 2016 | $0.034 |
| Feb 29, 2016 | $0.031 |
| Jan 29, 2016 | $0.030 |
| Dec 31, 2015 | $0.036 |
| Nov 30, 2015 | $0.031 |
| Oct 30, 2015 | $0.032 |
| Sep 30, 2015 | $0.031 |
| Aug 31, 2015 | $0.030 |
| Jul 31, 2015 | $0.033 |
| Jun 30, 2015 | $0.029 |
| May 29, 2015 | $0.030 |
| Apr 30, 2015 | $0.028 |
| Mar 31, 2015 | $0.027 |
| Feb 27, 2015 | $0.027 |
| Jan 30, 2015 | $0.030 |
| Dec 31, 2014 | $0.032 |
| Nov 28, 2014 | $0.028 |
| Oct 31, 2014 | $0.034 |
| Sep 30, 2014 | $0.031 |
| Aug 29, 2014 | $0.035 |
| Jul 31, 2014 | $0.035 |
| Jun 30, 2014 | $0.032 |
| May 30, 2014 | $0.037 |
| Apr 30, 2014 | $0.035 |
| Mar 31, 2014 | $0.033 |
| Feb 28, 2014 | $0.032 |
| Jan 31, 2014 | $0.034 |
| Dec 31, 2013 | $0.032 |
| Nov 29, 2013 | $0.033 |
| Oct 31, 2013 | $0.032 |
| Sep 30, 2013 | $0.032 |
| Aug 30, 2013 | $0.030 |
| Jul 31, 2013 | $0.029 |
| Jun 28, 2013 | $0.025 |
| May 31, 2013 | $0.028 |
| Apr 30, 2013 | $0.028 |
| Mar 28, 2013 | $0.030 |
| Feb 28, 2013 | $0.027 |
| Jan 31, 2013 | $0.028 |
| Dec 31, 2012 | $0.030 |
| Nov 30, 2012 | $0.031 |
| Oct 31, 2012 | $0.031 |
| Sep 28, 2012 | $0.026 |
| Aug 31, 2012 | $0.034 |
| Jul 31, 2012 | $0.030 |
| Jun 29, 2012 | $0.032 |
| May 31, 2012 | $0.031 |
| Apr 30, 2012 | $0.029 |
| Mar 30, 2012 | $0.032 |
| Feb 29, 2012 | $0.028 |
| Jan 31, 2012 | $0.028 |
| Dec 30, 2011 | $0.033 |
| Nov 30, 2011 | $0.029 |
| Oct 31, 2011 | $0.030 |
| Sep 30, 2011 | $0.031 |
| Aug 31, 2011 | $0.031 |
| Jul 29, 2011 | $0.032 |
| Jun 30, 2011 | $0.029 |
| May 31, 2011 | $0.028 |
| Apr 29, 2011 | $0.030 |
| Mar 31, 2011 | $0.035 |
| Feb 28, 2011 | $0.036 |
| Jan 31, 2011 | $0.037 |
| Dec 31, 2010 | $0.072 |
| Nov 30, 2010 | $0.043 |
| Oct 29, 2010 | $0.045 |
| Sep 30, 2010 | $0.042 |
| Aug 31, 2010 | $0.042 |
| Jul 30, 2010 | $0.047 |
| Jun 30, 2010 | $0.046 |
| May 28, 2010 | $0.043 |
| Apr 30, 2010 | $0.049 |
| Mar 31, 2010 | $0.044 |
| Feb 26, 2010 | $0.040 |
| Jan 29, 2010 | $0.039 |
| Dec 31, 2009 | $0.141 |
| Nov 30, 2009 | $0.042 |
| Oct 30, 2009 | $0.042 |
| Sep 30, 2009 | $0.036 |
| Aug 31, 2009 | $0.039 |
| Jul 31, 2009 | $0.043 |
| Jun 30, 2009 | $0.174 |
| May 29, 2009 | $0.043 |
| Apr 30, 2009 | $0.044 |
| Mar 31, 2009 | $0.041 |
| Feb 27, 2009 | $0.033 |
| Jan 30, 2009 | $0.029 |
| Dec 31, 2008 | $0.093 |
| Nov 28, 2008 | $0.040 |
| Oct 31, 2008 | $0.041 |
| Sep 30, 2008 | $0.041 |
| Aug 29, 2008 | $0.046 |
| Jul 31, 2008 | $0.045 |
| Jun 30, 2008 | $0.042 |
| May 30, 2008 | $0.044 |
| Apr 30, 2008 | $0.041 |
| Mar 31, 2008 | $0.043 |
| Mar 03, 2008 | $0.040 |
| Jan 31, 2008 | $0.044 |
| Dec 31, 2007 | $0.043 |
| Nov 30, 2007 | $0.043 |
| Oct 31, 2007 | $0.042 |
| Sep 28, 2007 | $0.044 |
| Aug 31, 2007 | $0.044 |
| Jul 31, 2007 | $0.047 |
| Jun 29, 2007 | $0.045 |
| May 31, 2007 | $0.046 |
| Apr 30, 2007 | $0.045 |
| Mar 30, 2007 | $0.045 |
| Feb 28, 2007 | $0.042 |
| Jan 31, 2007 | $0.042 |
| Jan 02, 2007 | $0.026 |
| Nov 30, 2006 | $0.038 |
| Oct 31, 2006 | $0.044 |
| Sep 29, 2006 | $0.043 |
| Aug 31, 2006 | $0.043 |
| Jul 31, 2006 | $0.044 |
| Jun 30, 2006 | $0.043 |
| May 31, 2006 | $0.042 |
| Apr 28, 2006 | $0.039 |
| Mar 31, 2006 | $0.042 |
| Feb 28, 2006 | $0.033 |
| Jan 31, 2006 | $0.031 |
| Jan 03, 2006 | $0.035 |
| Nov 30, 2005 | $0.050 |
| Oct 31, 2005 | $0.043 |
| Sep 30, 2005 | $0.040 |
| Aug 31, 2005 | $0.037 |
| Jul 29, 2005 | $0.035 |
| Jun 30, 2005 | $0.043 |
| May 31, 2005 | $0.045 |
| May 02, 2005 | $0.038 |
| Apr 01, 2005 | $0.031 |
| Mar 01, 2005 | $0.023 |
| Feb 01, 2005 | $0.028 |
| Jan 03, 2005 | $0.032 |
| Dec 01, 2004 | $0.026 |
| Nov 01, 2004 | $0.025 |
| Oct 01, 2004 | $0.025 |
| Sep 01, 2004 | $0.032 |
| Aug 02, 2004 | $0.034 |
| Jul 01, 2004 | $0.033 |
| Jun 01, 2004 | $0.034 |
Start Date
Tenure
Tenure Rank
Dec 31, 2006
13.68
13.7%
– 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.
Start Date
Tenure
Tenure Rank
Aug 19, 2013
7.04
7.0%
– 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
Start Date
Tenure
Tenure Rank
May 01, 2016
4.34
4.3%
Julien Scholnick is the portfolio manager of Western Asset Management Company. Mr. Scholnick joined the firm in 2003.
Start Date
Tenure
Tenure Rank
May 01, 2018
2.34
2.3%
John L. Bellows, PhD, Portfolio Manager/Research Assistant, has been employed by Western Asset as an investment professional since 2012. From 2009 to 2011, he was employed by the U.S. Department of the Treasury as Acting Assistant Secretary for Economic Policy, Deputy Assistant Secretary for Microeconomic Analysis and Senior Advisor in the Office of Economic Policy.
Start Date
Tenure
Tenure Rank
May 01, 2018
2.34
2.3%
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.
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 31.68 | 6.57 | 4.46 |
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