Western Asset Core Plus Bond Instl
100 Light Street Baltimore MD 21202
Phone: 888-425-6432
| Category: |
Intermediate-Term Bond |
| Fund Family: |
Legg Mason/Western |
| Net Assets: |
5.50B |
| Year-to-Date Return: |
2.40% |
| Yield: |
5.59% |
| Morningstar Rating: |
 |
| Fund Inception Date: |
08-Jul-98 |
|
Carl Eichstaedt
Lead Manager since
08-Jul-98 |
|
| Eichstaedt is portfolio manager with Western Asset Management, his employer since 1994. Prior to joining the firm, he was a portfolio manager for Harris Investment Management. He was also a portfolio manager with Pacific Investment Management from 1992-1993. From 1990-1992, he was director of fixed income at Security Pacific Investment Managers.He has over 22 years of investment experience, Eichstaedt holds the Chartered Financial Analyst designation. |
| Min Initial Investment: |
$1,000,000 |
| Min Initial Investment, IRA: |
NaN |
| Min Initial Investment, AIP: |
NaN |
| Min Subsequent Investment: |
NaN |
| Min Subsequent Investment, IRA: |
N/A |
| Min Subsequent Investment, AIP: |
N/A |
|
|
|
| The investment seeks to maximize total return, consistent with prudent investment management and liquidity needs. The fund invests in a portfolio of fixed income securities of various maturities and, under normal market conditions, invests at least 80% of net assets in debt and fixed income securities. It may also invest up to 25% of their respective total assets in the securities of non-U.S. issuers. The duration targets between 2.5 and 7 years. |
| Last Dividend
(29-Jan-10):
|
0.04 |
| Last Cap Gain
(11-Jun-09):
|
0.14 |
| Annual Holdings Turnover
|
124.40% |
| Average for Category:
|
231.70% |
|
| Expense |
WACPX |
Category
Avg |
| Total Expense Ratio: |
0.47%
|
0.95% |
| Max 12b1 Fee: |
%
|
N/A |
| Max Front End Sales Load: |
%
|
4.18% |
| Max Deferred Sales Load: |
%
|
2.66% |
| 3 Yr Expense Projection*: |
$151 |
$454 |
| 5 Yr Expense Projection*: |
$263 |
$711 |
| 10 Yr Expense Projection*: |
$591 |
$1,437 |
|
|
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