Western Asset Core Plus Bond I
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-5.2%
1 yr return
1.7%
3 Yr Avg Return
7.3%
5 Yr Avg Return
4.5%
Net Assets
$41.7 B
Holdings in Top 10
17.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.45%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 95.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
$1,000,000
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Intermediate Core-Plus Bond
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
WACPX - Profile
Distributions
- YTD Total Return -5.2%
- 3 Yr Annualized Total Return 7.3%
- 5 Yr Annualized Total Return 4.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.49%
- Dividend Yield 2.6%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameWestern Asset Core Plus Bond Fund
-
Fund Family NameLegg Mason
-
Inception DateJul 08, 1998
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMark 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 | -5.2% | -83.6% | 1360.3% | 94.53% |
| 1 Yr | 1.7% | -9.5% | 15.0% | 27.79% |
| 3 Yr | 7.3%* | 0.1% | 11.2% | 6.10% |
| 5 Yr | 4.5%* | 0.8% | 6.9% | 7.35% |
| 10 Yr | 4.6%* | 0.7% | 8.5% | 6.70% |
* Annualized
Return Ranking - Calendar
| Period | WACPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 4.9% | -82.5% | 1027.9% | 32.46% |
| 2019 | 6.8% | -20.8% | 23.0% | 14.01% |
| 2018 | -5.3% | -11.4% | 2.7% | 93.65% |
| 2017 | 3.6% | -49.5% | 12.4% | 2.58% |
| 2016 | 0.0% | -49.3% | 192.8% | 70.12% |
Total Return Ranking - Trailing
| Period | WACPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -5.2% | -83.6% | 94.4% | 94.53% |
| 1 Yr | 1.7% | -12.2% | 14.4% | 20.51% |
| 3 Yr | 7.3%* | -0.9% | 11.2% | 5.48% |
| 5 Yr | 4.5%* | 0.5% | 6.9% | 6.54% |
| 10 Yr | 4.6%* | 0.7% | 8.5% | 6.48% |
* Annualized
Total Return Ranking - Calendar
| Period | WACPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 4.9% | -82.5% | 1027.9% | 32.46% |
| 2019 | 6.8% | -20.8% | 23.0% | 15.84% |
| 2018 | -5.3% | -11.4% | 3.9% | 94.42% |
| 2017 | 3.6% | -6.0% | 12.4% | 16.74% |
| 2016 | 0.0% | -7.0% | 204.3% | 80.60% |
NAV & Total Return History
WACPX - Holdings
Concentration Analysis
| WACPX | Category Low | Category High | WACPX % Rank | |
|---|---|---|---|---|
| Net Assets | 41.7 B | 3.19 M | 316 B | 5.35% |
| Number of Holdings | 3001 | 1 | 18668 | 8.51% |
| Net Assets in Top 10 | 7.34 B | -1.06 B | 40.6 B | 5.79% |
| Weighting of Top 10 | 17.65% | 3.7% | 100.0% | 76.24% |
Top 10 Holdings
- United States Treasury Notes 1.25% 2.55%
- Federal National Mortgage Association 2% 2.34%
- United States Treasury Notes 0.25% 2.20%
- China (People's Republic Of) 3.29% 2.20%
- Federal National Mortgage Association 2% 1.93%
- United States Treasury Bonds 1.375% 1.88%
- United States Treasury Bonds 1.25% 1.88%
- United States Treasury Bills 0% 1.83%
- United States Treasury Bonds 1.875% 1.51%
- United States Treasury Bonds 2.875% 1.47%
Asset Allocation
| Weighting | Return Low | Return High | WACPX % Rank | |
|---|---|---|---|---|
| Bonds | 98.14% | -35.64% | 726.30% | 24.43% |
| Convertible Bonds | 1.45% | 0.00% | 20.85% | 48.36% |
| Cash | 0.40% | -634.49% | 150.79% | 77.09% |
| Other | 0.01% | -19.62% | 15.75% | 12.73% |
| Stocks | 0.00% | -0.39% | 24.74% | 83.08% |
| Preferred Stocks | 0.00% | 0.00% | 79.44% | 89.27% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | WACPX % Rank | |
|---|---|---|---|---|
| Corporate | 30.73% | 0.00% | 100.00% | 51.36% |
| Government | 29.31% | 0.00% | 84.65% | 41.09% |
| Securitized | 19.16% | 0.00% | 98.94% | 78.91% |
| Derivative | 18.12% | 0.00% | 19.36% | 1.09% |
| Cash & Equivalents | 2.67% | 0.00% | 100.00% | 71.82% |
| Municipal | 0.01% | 0.00% | 100.00% | 73.09% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | WACPX % Rank | |
|---|---|---|---|---|
| US | 80.31% | -36.07% | 493.80% | 64.27% |
| Non US | 17.83% | 0.00% | 232.50% | 15.91% |
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% | 70.80% |
| Management Fee | 0.40% | 0.00% | 0.95% | 66.91% |
| 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% | 40.27% |
WACPX - Distributions
Dividend Yield Analysis
| WACPX | Category Low | Category High | WACPX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.58% | 0.00% | 3.21% | 82.18% |
Dividend Distribution Analysis
| WACPX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Semi-Annually | Monthly | Monthly |
Net Income Ratio Analysis
| WACPX | Category Low | Category High | WACPX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.49% | -0.80% | 8.97% | 17.73% |
Capital Gain Distribution Analysis
| WACPX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Monthly | Annually |
Dividend Payout History
| 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 |
WACPX - Fund Manager Analysis
Managers
Mark Lindbloom
Start Date
Tenure
Tenure Rank
Dec 31, 2006
14.84
14.8%
– 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
8.21
8.2%
– 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
5.5
5.5%
– 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
3.5
3.5%
– 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
3.5
3.5%
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 |
|---|---|---|---|
| 0.01 | 32.85 | 6.57 | 0.58 |