Western Asset Core Bond I (WATFX)
| Fund Assets | 1.97B |
| Expense Ratio | 0.45% |
| Min. Investment | $1,000,000 |
| Turnover | 85.00% |
| Dividend (ttm) | 0.49 |
| Dividend Yield | 4.55% |
| Dividend Growth | 13.39% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 10.74 |
| YTD Return | 4.37% |
| 1-Year Return | 2.80% |
| 5-Year Return | -8.75% |
| 52-Week Low | 10.24 |
| 52-Week High | 10.82 |
| Beta (5Y) | n/a |
| Holdings | 1050 |
| 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 2.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 23.78%.
Top 10 Holdings
15.11% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bonds 4.5% | T.4.5 08.15.39 | 3.35% |
| United States Treasury Bonds 3.375% | T.3.375 11.15.48 | 3.03% |
| United States Treasury Notes 4.125% | T.4.125 08.31.30 | 2.31% |
| Federal National Mortgage Association 2.5% | FNCL.2.5 9.11 | 1.34% |
| Federal National Mortgage Association 5.5% | FNCL.5.5 9.11 | 1.06% |
| Federal National Mortgage Association 2% | FN.FM9185 | 0.91% |
| Federal National Mortgage Association 3% | FN.BM4226 | 0.84% |
| Federal National Mortgage Association 4.5% | FNCL.4.5 9.11 | 0.81% |
| Government National Mortgage Association 4.89166% | GNR.2020-H13 FC | 0.76% |
| Government National Mortgage Association 2% | GNR.2023-92 AH | 0.70% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.0363 | Sep 30, 2025 |
| 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 |