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.
Fund Family Franklin Templeton, Inc
Category Intermediate Core Bond
Performance Rating Below Average
Risk Rating High
Stock Exchange Nasdaq
Ticker Symbol WAPIX
Share Class Class Fi
Index Bloomberg U.S. Aggregate Bond TR
WAPIX had a total return of -2.88% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.86%.
