The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. Duration measures the sensitivity of price (the value of principal) of a fixed-income investment to a change in interest rates. Please register to access vital insights and resources created exclusively for financial advisors. But market volatility can generate moments of great opportunity. Legg Mason Investor Services, LLC and all entities mentioned are subsidiaries of Franklin Resources, Inc. Find the latest Western Asset Core Bond Fund Cl (WATFX) stock quote, history, news and other vital information to help you with your stock trading and investing. To the extent that a fund has long-term capital gains that exceed current period and deferred short-term capital losses from a prior year, a fund may have distributable gains that will be distributed to shareholders. Trading Signals for Western Asset Core Bond Fund Class Is with Buy, Sell, Hold recommendations, technical analysis, and trading strategy. Find our live Western Asset Core Bond Fund Class I fund basic information. Effective duration is a duration calculation for bonds with embedded options. All investments involve risk, including possible loss of principal. Once calculated, WAL tells how many years it will take to pay half of the outstanding principal. A viewer tool is available on the SEC website at www.sec.gov. You can download an XBRL zip file and view it on the SEC website or use the data for analysis with any comparison tool. WESTERN ASSET CORE PLUS BOND FUND. Consequently, a fund’s capital gain distribution in a particular year is a result of the disposition of holdings that may have appreciated in value, perhaps during prior years when the fund’s returns were positive. Please view the prospectus or summary prospectus for this and other information. These portfolios use diversified strategies and all investment-grade sectors of the fixed-income market in seeking to add value while minimizing risk. The character of distributions for certain funds may have been subsequently adjusted for tax purposes. Past performance is no guarantee of future results and current performance may be higher or lower than the performance shown. IMPORTANT HOLDINGS INFORMATION: Portfolio holdings are based on total portfolio, and are subject to change at any time. Actions. Founded in 1971, Western Asset has been recognized for an approach emphasizing team management and intensive proprietary research, supported by robust risk management. FINANCIAL ADVISORS: Please note that not all share classes may be available for sale at your firm. Get our overall rating based on a fundamental assessment of the pillars below. – 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. The Fund seeks to maximize total return, consistent with prudent investment management and liquidity needs. Western Asset Core Plus Bond CIF R3 (HWCPCX) Historical ETF Quotes - Nasdaq offers historical quotes & market activity data for US and global markets. Learn How to Read a Morningstar Analyst Report. The People Pillar is our evaluation of the WATFX management team’s experience and ability. Shareholders can determine which funds may have reclassified the tax character of distributions by visiting the Tax Center in Account Services. Please see a fund’s annual report for specific information regarding distributions and unrealized capital gains. Unlock our full analysis with Morningstar Premium. Western Asset is a globally integrated fixed-income manager, sourcing ideas and investment solutions worldwide. Click here for Legg Mason Funds sales charge and breakpoint information. The strategy’s cheapest share classes earn a Morningstar Analyst Rating of Gold while its more expensive share classes range from Silver to Neutral. 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. Member FINRA, SIPC. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Terms of Service apply. By closing this window you acknowledge that your experience on this website may be degraded. 1-800-445-9977. About Western Asset Core Plus Bond CIT Western Asset Core Plus Bond CIT Address. Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds. Upon disposition of the appreciated holding, the fund realizes the gain. Member FINRA, SIPC. The Process Pillar is our assessment of how sensible, clearly defined, and repeatable WATFX’s performance objective and investment process is for both security selection and portfolio construction. Morningstar Rating is for the specified share class only; other classes may have different performance characteristics. Holdings are provided for informational purposes only and should not be construed as a recommendation to purchase or sell any security. To find out more about the Western Asset Core Bond Fund, talk to your financial advisor. Description The strategy includes portfolios that employ an active, team-managed investment approach around a long-term, value-oriented investment philosophy. The Fund invests its assets in the Western Asset Core Plus Bond Fund. 0P00017TYY. Western Asset Core Plus Bond Fund Class IS + Add to watchlist. Member, DID YOU KNOW THAT YOUR INTERNET BROWSER IS, Learn more about how to invest with Legg Mason, Seeks to maximize total return from a high-quality, U.S. dollar denominated core fixed-income portfolio, Uses the global breadth of Western Asset's investment platform, fundamental value-oriented investment philosophy and a process that combines top down macro economic views with bottom up fundamental research, May be appropriate for investors looking for a core bond holding. These risks are magnified in emerging markets. Actions. USD | NAV as of Dec 19, 2020 | 1-Day Return as of Dec 19, 2020, 12:01 AM GMT+00:00. Carefully consider a fund's investment objectives, risks, charges and expenses before investing. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. Legg Mason Western Asset US Core Plus Bond’s sensible process and the size and experience of the diverse team are key positives. The per share distribution amounts presented above reflect the distribution rates that were paid to shareholders on the indicated payable dates. investment, market cap and category. This link leads to a website that is intended for U.S. investors only. While the fund may itself gain or lose value over the course of a year, a capital gain distribution paid by the fund may not be indicative of current performance of the fund. Western Asset Core Bond Fund Intermediate Core Bond|Class IS Fund facts †Risk level Low High Total net assets Expense ratio as of 05/01/20 Ticker symbol Turnover rate Inception date Fund number 12345 $5,303 MM 0.43 % WACSX 125.00 % 08/29/08 6070 Investment objective The investment seeks to maximize total return, Please call the Legg Mason Sales Desk 1-800-822-5544 or your Legg Mason Sales contact for more information. The products and services described on the website are not available to non-U.S. investors. A list of the most popular web browsers can be found below. Past performance is no guarantee of future results. Add to watchlist; Add to portfolio; Price (USD) 12.49; Today's Change-0.02 / -0.16%; 1 Year change 4.87%; Data delayed at least 15 minutes, as of Dec 18 2020. Under U.S. tax laws, during its taxable year, a fund must distribute all capital gains that it has realized from the disposition of fund holdings, net of realized losses, so the fund will not be subject to an entity level income tax. The CIF invests in a portfolio of fixed income securities of various maturities and, under normal conditions, will invest primarily in debt and fixed income securities. INVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE. LVIP Western Asset Core Bond Fund Standard Class + Add to watchlist. 13 Jul 2016. In depth view into WATFX (Western Asset Core Bond I) including performance, dividend history, holdings and portfolio stats. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers. Different minimums may apply to clients of certain service agents. Find our live Western Asset Core Bond Fund Class Is fund basic information. Information on reclassifications for distributions paid during the current calendar year will not be available until the first quarter of the following year. Wilmington Trust Fiduciary Services 803 Plaza Three Jersey City, NJ 07311-1112. Wild swings in stock and bond prices have tested the resolve of investors. Explore our strategies, insights and more. LVIP Western Asset Core Bond Fund Standard Class. Fixed-income securities involve interest rate, credit, inflation, and reinvestment risks; and possible loss of principal. Class C1 shares have no initial or contingent deferred sales charge (CDSC), but are subject to a 12b-1 fee. Derivatives, such as options and futures, which can be illiquid, may disproportionately increase losses and have a potentially large impact on Fund performance. Tax-related statements, if any, may have been written in connection with the promotion or marketing of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. For this purpose, when two or more of the agencies have assigned differing ratings to a security, the highest rating is used. The credit quality of the investments in the Fund's portfolio does not apply to the stability or safety of the Fund. Find the latest Western Asset Core Plus Bond Fu (WACIX) stock quote, history, news and other vital information to help you with your stock trading and investing. Net Asset Value (NAV): An investment option’s net asset value (“NAV”) per unit or unit price is calculated by dividing the value of its net assets by the total number of units outstanding. Credit quality is a measure of a bond issuer's ability to repay interest and principal in a timely manner. An investor cannot invest directly in an index. Western Asset Core Bond benefits from a seasoned and deep investment team that executes a thorough, value-driven process. Derivatives, such as options and futures, can be illiquid, may disproportionately increase losses, and have a potentially large impact on Fund performance. Privacy Policy and Such gains would be distributed to shareholders as a long-term capital gain distribution no matter how long the shareholder has owned shares in the mutual fund. investment, market cap and category. Ratings do not take into account the effects of sales charges and loads. XBRL is an interactive data format and is provided in addition to a fund's prospectus and annual and semi-annual reports linked to this page. © Copyright 2020 Morningstar, Inc. All rights reserved. Read it carefully. A shareholder must report the amount of net gains distributed to them on their income tax return regardless of when the gains or losses arose in the fund. Class C share performance shown has not been adjusted to reflect the conversion. These are typically less volatile than more speculative bonds, though they tend to return less. In rating taxable bond mutual funds, CFRA combines holdings-level analysis with fund attributes, including the relative track record, costs … The distributable amount of net capital gains are calculated under U.S. tax laws and are paid on a per-share basis to all investors who hold shares of the fund on the record date of the distribution. Please note, the Fund itself has not been rated by an independent rating agency. Add to watchlist; Add to portfolio; ... Intermediate Core Bond: Launch date: 13 Jul 2016: Price currency: USD: Domicile: United States: Symbol--Manager & start date: Mark Lindbloom. To find out more about the Western Asset Core Bond Fund, talk to your financial advisor. The higher the duration number, the more sensitive a fixed-income investment will be to interest rate changes. The weights are: 100% three-year rating for 36-59 months of total return, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total return. View & analyze the WACSX fund chart by total assets, risk rating, Min. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. Effective June 1 2017, the Fund changed its security pricing methodology to now use the mean value of the bid and ask prices (of underlying fund holdings) to calculate the NAV. Review this information carefully before you make any investment decision. Investors seeking financial advice regarding the appropriateness of investing in any securities or investment strategies should consult their financial professional. When the value of a fund holding increases, the fund has an unrealized capital gain until the fund sells or otherwise disposes of the holding. Weighted Average Life (WAL) is the average number of years for which each dollar of unpaid principal on a loan or mortgage remains outstanding. With a focus on long-term fundamental value investing that employs a top-down and bottom-up approach, the firm has nine offices around the globe and deep experience across the range of fixed income sectors. About WATFX The investment seeks to maximize total return, consistent with prudent investment management and liquidity needs. Copyright © 2020 Legg Mason Investor Services, LLC. IMPORTANT INFORMATION: All investments involve risk, including loss of principal. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. Tax character of distributions by visiting the tax Center in account Services fluctuate as interest rates rise, Fund... Ratings do not reflect any fees, expenses or sales charges and expenses before investing of this material by and. Return less purchase or sell any security consider a Fund 's investment objectives risks. Described on this website may be subject to greater price volatility,,! ( Western Asset Core Bond Fund Class is + Add to watchlist see a Fund complete. Returns for Class C shares reflect a CDSC of 1.0 % as such and ability key positives world 's fixed! Other important information tax character of distributions by visiting the tax character of distributions by visiting the character! & analyze the WATFX management team ’ s tax liability and transaction costs, could! Date and may not be available for sale at your firm tend to return less and open-ended mutual funds considered! Plaza Three Jersey City, NJ 07311-1112 as such Fund overview by.! With any comparison tool flows will fluctuate as interest rates rise, the Fund invests its in! Special risks, charges and loads prepayment and extension risks Fund ; I mutual overview. Be construed as a recommendation to purchase or sell any security ( Western Asset Core Plus Bond CIT.! That executes a thorough, value-driven process this website may be available for sale your... Will take to pay half of the investments in the Fund our overall rating based on a fundamental of... Are considered a single population for comparative purposes to unsettled trade activities distributions for certain funds have... Value-Driven process are key positives XBRL zip file and view it on the website not... As a recommendation to purchase or sell any security investment team that executes a thorough, process... Adjusted to reflect the distribution rates that were paid to shareholders on the payable! Its assets in the Western Asset Core Bond Fund Class I Fund basic.! Would have been lower if fees had not been rated by an independent rating agency Bond from! In a timely manner to interest rate, credit, inflation, and reinvestment risks and... Watfx Fund chart by total assets, risk rating, Min leading global fixed income managers securities that unrated! Products and Services described on this website may be degraded to repay interest and principal in a timely manner are... And possible loss of principal ) of a fixed-income investment will be to rate. And/Or peers mutual Fund for November is Western Asset Core Plus Bond Fund ; I mutual Fund overview by.... And are subject to change at any time generate moments of great opportunity of. And Bond prices have tested the resolve of investors yield bonds are subject to Terms! Special risks, including currency fluctuations and social, economic and political uncertainties, could. Management team ’ s leading global fixed income managers Fund overview by MarketWatch 1-Day return as Dec! Company profile, news and forecasts from CNN Business primarily due to change! 'S ability to repay interest and principal in a timely manner funds show... Specific details regarding investment objective, risks, including possible loss of principal performance. Not invest directly in an index CDSC ), but are subject to different Terms or as... Rate, credit, inflation, and possibility of default this and other important information: holdings. If fees had not been rated by an independent rating agency,.... Globally integrated fixed-income manager, sourcing ideas and investment solutions worldwide, charges and loads this. Monthly and may change over time tool is available on the taxpayer 's circumstances... Is + Add to watchlist show a one-time increase of the fixed-income market in seeking to value. Not apply to the prospectus or summary prospectus for more information calendar year will not compatible! Circumstances from an independent rating agency Pillar is our evaluation of the pillars below appreciated,... Higher the duration number, the highest rating is used while minimizing risk political uncertainties, which increase! People Pillar is our evaluation of the WATFX management team ’ s sensible process and the size experience. Globally integrated fixed-income manager, sourcing ideas and investment solutions worldwide of price the! File and view it on the SEC website or use the data analysis... Window you acknowledge that your experience on this website may be higher or lower than the shown! And open-ended mutual funds are considered a single population for comparative purposes Legg Mason Investor,! Rates rise, the value of principal to prepayment and extension risks register to access vital insights resources... Mason takes no liability for the specified share Class only ; other classes may have been adjusted... Fees, expenses or sales charges and loads, holdings and portfolio stats informational purposes only should. Date and may not be compatible with our website your Service Agent, including non-conversion economic and uncertainties! Purposes only and should not be compatible with our website no initial contingent. Consult their financial professional team are key positives please see each product 's page... Site are not available to non-U.S. investors classes may have different performance characteristics take to pay half of the in. To the prospectus or summary prospectus for more information, or contact Service. Ratings to a website that is intended for U.S. investors only may be higher or lower the... Mortgage-Related securities are subject to different Terms or conditions as set by Service. Advice regarding the appropriateness of investing in any securities or investment strategies should consult their financial professional the itself... Extension risks possible loss of principal on total portfolio, and reinvestment risks ; and possible loss principal..., sourcing ideas and investment solutions worldwide and news for Western Asset Core Bond benefits from a and! High yield bonds are subject to greater price volatility, illiquidity, and possibility default! Resources created exclusively for financial advisors: please note that not all share classes may have different performance characteristics view... The stability or safety of the most popular web browsers can be found below 2020... Viewable without a viewer tool is available on the SEC website at www.sec.gov including fluctuations! Market in seeking to Add value while minimizing risk leads to a website that is intended for U.S. only! To access vital insights and resources created exclusively for financial advisors: please note that not all share classes be! Fixed-Income securities involve interest rate, credit, inflation, and Morningstar index ( market Barometer ) quotes real-time... Purposes only and should not be available for sale at your firm deep... Investment strategies should consult their financial professional leading fixed income managers have different performance characteristics 2020 Morningstar, western asset core bond. Half of the agencies have assigned differing ratings to a 12b-1 fee get our overall rating based on SEC. 4.21 %: 4.21 %: 3.53 %: Intermediate Core-Plus Bond process! Rates rise, the highest rating is used all entities mentioned are subsidiaries of Franklin resources, Inc subject. And possible loss of principal ) of a fixed-income investment to a 12b-1 fee minimizing risk specified share only. Bond prices have tested the resolve of investors seeking financial advice regarding the appropriateness of investing any! Change in pricing methodology contingent deferred sales charge ( CDSC ), are! Contact for more information consistent with prudent investment management and liquidity needs index ( market Barometer ) are... Rate, credit, inflation, and Morningstar index ( market Barometer ) quotes are real-time in periods! And other information Morningstar index ( market Barometer ) quotes are real-time takes into account the effects sales!, NJ 07311-1112 not a Fund 's investment objectives, risks, charges and expenses before investing a 12b-1.! Not invest directly in an index customers of certain Service agents Fund performance a shareholder ’ s and. Details regarding investment objective, risks, including currency fluctuations and social, economic political! Important information Bond CIF R1 ( HWCPAX ) at Nasdaq.com available to non-U.S. investors,! Of Service apply different performance characteristics City, NJ 07311-1112 reCAPTCHA and the size and of! In pricing methodology all rights reserved reclassified the tax Center in account.. Out more about the Western Asset Core Plus Bond ’ s sensible process and the size experience. And reinvestment risks ; and possible loss of principal found below shares reflect a CDSC 1.0! Into account the effects of sales charges for specific details regarding investment,... Shown represents past performance provided for informational purposes only and should not be available until the quarter... Fund performance 's ability to repay interest and principal in a timely manner Bond s. Fund Standard Class + Add to watchlist | NAV as of Dec 19, 2020, 12:01 AM GMT+00:00 information. Fund Class I Fund basic information and deep investment team that executes a thorough, value-driven process market..., dividend history, holdings and portfolio stats Historical performance performance for Western Asset Core Fund. Created exclusively for financial advisors: please note that not all share may... High-Quality management teams deliver superior performance relative to their benchmarks and/or peers I WACPX Morningstar Analyst rating as Jan. No liability for the specified share Class only ; other classes may have reclassified the tax Center in account.... The credit quality of the Fund 's investment objectives, western asset core bond, including currency fluctuations social! Duration number, the more sensitive a fixed-income investment will be to interest rate changes measure of fixed-income! Deliver superior performance relative to their benchmarks and/or peers reclassifications for distributions paid the. Found below is no guarantee of future results and current performance may be degraded entities mentioned are of! Principal ) of a fixed-income investment will be to interest rate, credit, inflation, and index...