Western Asset Core Bond I (WATFX)
| Fund Assets | 1.99B |
| Expense Ratio | 0.45% |
| Min. Investment | $1,000,000 |
| Turnover | 85.00% |
| Dividend (ttm) | 0.49 |
| Dividend Yield | 4.49% |
| Dividend Growth | 12.86% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 10.81 |
| YTD Return | 4.76% |
| 1-Year Return | 0.88% |
| 5-Year Return | -8.72% |
| 52-Week Low | 10.24 |
| 52-Week High | 11.00 |
| Beta (5Y) | n/a |
| Holdings | 1052 |
| Inception Date | Sep 4, 1990 |
About WATFX
Western Asset Core Bond Fund Class I is an intermediate-term bond mutual fund managed by Franklin Templeton Investments. Its primary objective is to maximize total return while maintaining prudent investment management and liquidity by investing in a diversified portfolio of high-quality, U.S. dollar-denominated fixed income securities. The fund holds a broad array of bonds—including U.S. Treasury securities, agency mortgage-backed bonds, and investment-grade corporate debt—across various maturities, aiming to align with the average duration specified for the portfolio. Noteworthy features include a substantial asset base, monthly dividend distributions, and a focus on risk-managed strategies to address changing market conditions. The fund plays a significant role in the fixed income market by offering institutional investors and large-scale portfolios access to diversified exposure to U.S. bond markets, emphasizing both income generation and capital preservation. It is commonly utilized by investors seeking stability, liquidity, and a steady stream of income as part of a core fixed income allocation within broader investment strategies.
Performance
WATFX had a total return of 0.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 23.84%.
Top 10 Holdings
15.54% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bonds 4.5% | T.4.5 08.15.39 | 3.25% |
| United States Treasury Bonds 3.375% | T.3.375 11.15.48 | 2.97% |
| United States Treasury Notes 4.125% | T.4.125 08.31.30 | 2.24% |
| Federal National Mortgage Association 2.5% | FNCL.2.5 8.11 | 1.29% |
| United States Treasury Bonds 4.625% | T.4.625 05.15.54 | 1.27% |
| Federal National Mortgage Association 3% | FN.FS1074 | 1.02% |
| Federal National Mortgage Association 4.5% | FNCL.4.5 8.11 | 1.00% |
| Federal National Mortgage Association 2% | FN.FM9185 | 0.88% |
| Federal National Mortgage Association 3% | FN.BM4226 | 0.82% |
| Federal National Mortgage Association 5.5% | FNCL.5.5 8.11 | 0.80% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.03854 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03651 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03482 | Jun 30, 2025 |
| May 30, 2025 | $0.03845 | May 30, 2025 |
| Apr 30, 2025 | $0.03575 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03496 | Mar 31, 2025 |