Western Asset Core Bond Fund Class FI (WAPIX)
| Fund Assets | 1.84B |
| Expense Ratio | 0.80% |
| Min. Investment | $1,000,000 |
| Turnover | 85.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 3.77% |
| Dividend Growth | -10.16% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.77 |
| YTD Return | 0.57% |
| 1-Year Return | 6.67% |
| 5-Year Return | -6.30% |
| 52-Week Low | 9.98 |
| 52-Week High | 10.77 |
| Beta (5Y) | 0.34 |
| Holdings | 1004 |
| Inception Date | Jul 22, 1999 |
About WAPIX
Western Asset Core Bond Fund is an actively managed mutual fund specializing in intermediate-term, investment-grade fixed income securities. Its primary objective is to maximize total return while maintaining prudent investment management and ensuring liquidity for investors. The fund typically invests across a well-diversified portfolio of high-quality, U.S. dollar-denominated bonds, including U.S. Treasuries, government agency debt, and corporate bonds. By focusing on a core bond strategy, it aims to achieve an average duration in line with its benchmark, serving as a foundational fixed income holding for many diversified portfolios. Managed by Western Asset, the fund plays a significant role for investors seeking income and relative stability within the broader bond market. Its holdings, often numbering over a thousand individual securities, provide broad sectoral and issuer diversification, helping mitigate credit and interest rate risk. Western Asset Core Bond Fund is widely used by both individual and institutional investors as a core allocation within the taxable bond category, underscoring its importance in the U.S. fixed income landscape.
Performance
WAPIX had a total return of 6.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.90%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGBPX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class I | 0.50% |
| FSMTX | Fidelity | Fidelity SAI Total Bond Fund | 0.29% |
| FGBCX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class C | 1.52% |
| FGBTX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class M | 0.74% |
| FTKFX | Fidelity | Fidelity Total Bond K6 Fund | 0.30% |
Top 10 Holdings
17.16% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bonds 4.5% | T.4.5 08.15.39 | 6.31% |
| United States Treasury Bonds 3.375% | T.3.375 11.15.48 | 3.55% |
| Federal National Mortgage Association 6% | FNCL.6 1.12 | 1.28% |
| United States Treasury Notes 4.25% | T.4.25 05.15.35 | 1.24% |
| United States Treasury Notes 4.625% | T.4.625 05.31.31 | 0.95% |
| Federal National Mortgage Association 3% | FN.BM4226 | 0.88% |
| Government National Mortgage Association 2% | GNR.2023-92 AH | 0.76% |
| Tsmc Arizona Corp. 2.5% | TAISEM.2.5 10.25.31 | 0.74% |
| United States Treasury Notes 2.125% | TII.2.125 01.15.35 | 0.73% |
| Federal Home Loan Mortgage Corp. 2.5% | FR.QC5830 | 0.72% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03148 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03669 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03353 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03902 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03359 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03623 | Aug 29, 2025 |