About WAGIX
Western Asset Income Fund Class IS is a multi-sector bond mutual fund designed to provide investors with high current income through a globally unconstrained investment strategy. The fund primarily invests in a diverse portfolio of fixed income securities across developed and emerging markets, spanning asset classes such as high-yield credit, bank loans, commercial and retail mortgage-backed securities, collateralized loan obligations, investment-grade credit, and sovereign and corporate debt from emerging markets. The fund's sector allocation is notable for its substantial exposure to high-yield credit and loan segments, reflecting an emphasis on income generation. It employs active management techniques, including hedging strategies, to help manage portfolio volatility and respond to market shocks. With a globally diversified approach and a flexible mandate to invest in multiple sectors and geographies, the fund plays a key role for institutional and high-net-worth investors seeking broad exposure and diversification in the fixed income market while targeting robust monthly income distributions.
Fund Family Franklin Templeton Investments
Category Multisector Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol WAGIX
Share Class Class Is
Index Bloomberg U.S. Universal TR
WAGIX had a total return of 4.33% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.10%.
