Western Asset Core Plus Bond Fund Class IS (WAPSX)
Western Asset Core Plus Bond Fund Class IS operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $9.03, up 0.00% on the session, giving a market capitalisation of $3.55B. Its beta of 1.32 implies it has historically moved more than the broad market.
The fund primarily allocates its capital across a spectrum of fixed-income instruments with varying maturities. Ordinarily, at least 80% of its net assets are dedicated to debt and other fixed-income securities. While it has flexibility regarding the maturities of its holdings, the fund typically maintains a dollar-weighted average effective duration that stays within 30% of the overall domestic bond market's average duration, as assessed by its subadvisers. Up to 20% of its total assets may be allocated to securities not denominated in U.S. dollars.
Western Asset Core Plus Bond Fund Class IS is most often compared with the following Financial Services names: