Western Asset Core Plus Bond Fund Class A (WAPAX)
| Fund Assets | 4.51B |
| Expense Ratio | 0.82% |
| Min. Investment | $1,000 |
| Turnover | 96.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 4.27% |
| Dividend Growth | 4.91% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 9.19 |
| YTD Return | 2.17% |
| 1-Year Return | 1.61% |
| 5-Year Return | -14.89% |
| 52-Week Low | 8.95 |
| 52-Week High | 9.65 |
| Beta (5Y) | n/a |
| Holdings | 1444 |
| Inception Date | Apr 30, 2012 |
About WAPAX
Western Asset Core Plus Bond Fund Class A is a mutual fund specializing in a diversified portfolio of fixed income securities. Its primary objective is to maximize total return while maintaining prudent risk management and sufficient liquidity. Under typical market conditions, the fund invests at least 80% of its net assets in various types of bonds, with a focus on investment-grade debt, but it also has the flexibility to allocate assets to high-yield and international bonds to enhance overall returns. This fund employs an actively managed core-plus strategy, combining a core holding of high-quality U.S. bonds—such as U.S. Treasury notes, government-related securities, and agency mortgages—with opportunistic positions in other sectors, including emerging market debt and derivatives for currency exposure. The fund is categorized as an Intermediate Core-Plus Bond fund, aiming for moderate credit quality and interest rate sensitivity, as indicated by its effective duration of approximately 7.15 years. Western Asset Core Plus Bond Fund Class A serves investors seeking a well-diversified, professionally managed fixed income option that balances stability with the potential for enhanced yield through selective sector and geographic exposure. It plays a significant role in the market by offering broad access to the bond universe within a single, actively managed vehicle.
Performance
WAPAX had a total return of 1.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.49%.
Top 10 Holdings
14.36% of assets| Name | Symbol | Weight |
|---|---|---|
| Legg Mason Partners Inst Trust - Western Asset Premier Institutional Government Reserves Fund | WACXX | 2.91% |
| Federal National Mortgage Association 4.5% | FNCL.4.5 7.11 | 1.80% |
| United States Treasury Notes 4% | T.4 06.30.32 | 1.52% |
| BRL/USD FFX DUE 080425 Purchased | n/a | 1.46% |
| Federal National Mortgage Association 6% | FNCL.6 7.11 | 1.31% |
| Federal National Mortgage Association 3% | FN.FS1074 | 1.31% |
| Federal National Mortgage Association 3% | FNCL.3 7.11 | 1.08% |
| U.S. Treasury Bond Stripped Principal Payment 0% | SP.0 05.15.49 | 1.05% |
| Federal National Mortgage Association 5.5% | FNCL.5.5 7.11 | 0.96% |
| Inter-American Development Bank 7.35% | IADB.7.35 10.06.30 GMTN | 0.95% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.03304 | Jun 30, 2025 |
| May 30, 2025 | $0.03596 | May 30, 2025 |
| Apr 30, 2025 | $0.03391 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03255 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03156 | Feb 28, 2025 |
| Jan 31, 2025 | $0.03515 | Jan 31, 2025 |