WAIIX: Western Asset Inflation Indexed Plus Bond Fund - MutualFunds.com

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Western Asset Inflation Idxd Plus Bd I

WAIIX - Snapshot

Vitals

  • YTD Return 6.7%
  • 3 Yr Annualized Return 5.5%
  • 5 Yr Annualized Return 4.0%
  • Net Assets $477 M
  • Holdings in Top 10 83.2%

52 WEEK LOW AND HIGH

$12.24
$10.66
$12.35

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.36%

SALES FEES

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

BROKERAGE FEES

  • Turnover 60.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Inflation-Protected Bond

Compare WAIIX to Popular TIPS Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$25.41

-0.12%

$37.70 B

1.82%

$0.46

3.04%

0.14%

$50.75

-0.08%

$37.70 B

1.89%

$0.96

2.82%

0.05%

$14.34

-0.14%

$33.01 B

2.04%

$0.29

8.80%

0.20%

$126.04

-0.13%

$24.07 B

1.62%

$2.04

7.75%

0.19%

$10.70

-0.09%

$13.25 B

0.35%

$0.04

6.47%

WAIIX - Profile

Distributions

  • YTD Total Return 6.7%
  • 3 Yr Annualized Total Return 5.5%
  • 5 Yr Annualized Total Return 4.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.17%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Western Asset Inflation Indexed Plus Bond Fund
  • Fund Family Name
    Franklin Templeton Investments
  • Inception Date
    Mar 01, 2001
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    S. Leech

Fund Description

The fund normally invests at least 80% of its net assets in inflation-indexed fixed income securities and at least 70% of its net assets in U.S. Treasury Inflation Protected Securities. Although the fund may invest in securities of any maturity, the fund will normally maintain a dollar-weighted average effective duration, as estimated by the fund's subadvisers, within 3 years of that of its benchmark, the Bloomberg Barclays U.S. Treasury Inflation-Linked Bond Index.


WAIIX - Performance

Return Ranking - Trailing

Period WAIIX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.7% -4.3% 23.3% 53.70%
1 Yr 8.9% -2.3% 23.2% 44.24%
3 Yr 5.5%* -0.2% 13.2% 25.48%
5 Yr 4.0%* -0.1% 10.5% 48.76%
10 Yr 3.0%* 0.8% 6.7% 37.82%

* Annualized

Return Ranking - Calendar

Period WAIIX Return Category Return Low Category Return High Rank in Category (%)
2019 7.4% -47.0% 16.7% 8.84%
2018 -4.9% -11.1% -0.5% 76.24%
2017 1.7% -2.8% 6.6% 10.81%
2016 1.1% 0.5% 7.7% 89.27%
2015 -2.9% -13.3% 0.6% 59.33%

Total Return Ranking - Trailing

Period WAIIX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.7% -4.3% 23.3% 53.70%
1 Yr 8.9% -2.3% 23.2% 39.63%
3 Yr 5.5%* -0.2% 13.2% 24.04%
5 Yr 4.0%* -0.1% 10.5% 44.78%
10 Yr 3.0%* 0.8% 6.7% 35.90%

* Annualized

Total Return Ranking - Calendar

Period WAIIX Return Category Return Low Category Return High Rank in Category (%)
2019 7.4% 0.8% 16.7% 8.84%
2018 -4.9% -9.9% 0.6% 86.14%
2017 1.7% -2.7% 9.6% 41.08%
2016 1.1% 0.5% 10.4% 89.27%
2015 -2.9% -12.6% 0.6% 67.33%

NAV & Total Return History


WAIIX - Holdings

Concentration Analysis

WAIIX Category Low Category High WAIIX % Rank
Net Assets 477 M 327 K 37.7 B 66.36%
Number of Holdings 69 5 1084 65.90%
Net Assets in Top 10 398 M -26.3 M 24.3 B 49.77%
Weighting of Top 10 83.19% 16.6% 99.4% 8.82%

Top 10 Holdings

  1. United States Treasury Notes 0.12% 20.29%
  2. United States Treasury Bonds 1.38% 15.15%
  3. United States Treasury Bonds 2% 14.83%
  4. United States Treasury Bonds 2.12% 9.78%
  5. United States Treasury Bonds 3.88% 7.67%
  6. United States Treasury Notes 0.12% 3.72%
  7. United States Treasury Bonds 2.38% 3.32%
  8. United States Treasury Bonds 2.5% 3.31%
  9. United States Treasury Bonds 0.75% 2.78%
  10. United States Treasury Bonds 2.12% 2.33%

Asset Allocation

Weighting Return Low Return High WAIIX % Rank
Bonds
98.89% 84.12% 145.15% 34.10%
Cash
1.11% -48.24% 39.21% 54.38%
Stocks
0.00% -18.45% 14.03% 27.19%
Preferred Stocks
0.00% 0.00% 0.19% 27.65%
Other
0.00% -12.41% 30.97% 31.80%
Convertible Bonds
0.00% 0.00% 4.86% 61.29%

Bond Sector Breakdown

Weighting Return Low Return High WAIIX % Rank
Government
91.45% 0.15% 100.00% 30.88%
Corporate
5.03% 0.00% 89.49% 32.26%
Securitized
1.76% 0.00% 58.11% 59.45%
Cash & Equivalents
1.12% 0.00% 38.02% 60.83%
Derivative
0.65% 0.00% 24.62% 30.41%
Municipal
0.00% 0.00% 2.83% 47.47%

Bond Geographic Breakdown

Weighting Return Low Return High WAIIX % Rank
US
92.84% 61.96% 150.42% 47.47%
Non US
6.05% -27.12% 30.93% 36.87%

WAIIX - Expenses

Operational Fees

WAIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.36% 0.01% 22.01% 78.74%
Management Fee 0.20% 0.00% 0.99% 16.13%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.40% N/A

Sales Fees

WAIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 4.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

WAIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

WAIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 60.00% 0.00% 357.00% 59.45%

WAIIX - Distributions

Dividend Yield Analysis

WAIIX Category Low Category High WAIIX % Rank
Dividend Yield 0.00% 0.00% 3.33% 28.57%

Dividend Distribution Analysis

WAIIX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Quarterly

Net Income Ratio Analysis

WAIIX Category Low Category High WAIIX % Rank
Net Income Ratio 2.17% -0.20% 3.82% 37.79%

Capital Gain Distribution Analysis

WAIIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

Dividend Payout History

View More +

WAIIX - Fund Manager Analysis

Managers

S. Leech


Start Date

Tenure

Tenure Rank

Mar 31, 2014

6.51

6.5%

– 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

Frederick Marki


Start Date

Tenure

Tenure Rank

Aug 01, 2016

4.17

4.2%

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
0.12 18.85 6.79 9.43