Western Asset Core Bond’s cheapest share classes continue to earn a Morningstar Analyst Rating of Gold while its more-expensive share classes range from Silver to Neutral despite its relatively sharp drawdown this year to date through June 21.
Western Asset Core Bond FI WAPIX
NAV / 1-Day Return
11.11
/
0.16
%
Total Assets
15.8 Bil
Adj. Expense Ratio
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.
0.810%
Expense Ratio
0.810%
Fee Level
High
Longest Manager Tenure
15.49
years
Category
Intermediate Core Bond
Credit Quality / Interest Rate Sensitivity
Medium / ModerateMin. Initial Investment
0
Status
Open
TTM Yield
1.99%
Effective Duration
7.12
years
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will WAPIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable WAPIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the WAPIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of WAPIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Western Asset Core Bond Maintains Its Morningstar Analyst Ratings Despite Its Recent Drawdown
