About WAPCX
Western Asset Core Plus Bond Fund Class C is an actively managed mutual fund focused on the intermediate core-plus bond category. Its primary objective is to maximize total return while maintaining prudent investment management and liquidity. The fund predominantly invests in investment-grade U.S. fixed-income securities, including government, corporate, and securitized debt, providing a diversified exposure to the bond market. In addition to these core holdings, it has flexibility to allocate to non-core sectors such as high yield, bank loans, emerging-markets debt, and currency derivatives, aiming to enhance returns through broader market opportunities. With an effective duration of around 7 years, the fund maintains moderate interest rate sensitivity and targets a balance between yield and risk. Managed by Franklin Templeton Investments, Western Asset Core Plus Bond Fund Class C serves investors seeking a steady income stream and capital preservation within diversified bond portfolios. It is designed for those looking to access a wide spectrum of fixed-income strategies within a single investment vehicle, playing a key role in asset allocation for both individual and institutional portfolios.
Fund Family Franklin Templeton, Inc
Category Intermediate Core-Plus Bond
Performance Rating Low
Risk Rating High
Stock Exchange Nasdaq
Ticker Symbol WAPCX
Share Class Class C
Index Bloomberg U.S. Aggregate Bond TR
WAPCX had a total return of -3.72% in the past year, including dividends. Since the fund's
inception, the average annual return has been 0.84%.
