Western Asset Macro Opportunities Fund (LAOSX)
The investment seeks to maximize total return. Under normal circumstances, the fund seeks to achieve its investment objective by implementing an opportunistic investing strategy. The Advisor attempts to identify and capitalize on attractive relative-value opportunities principally in fixed income markets around the globe by investing in a variety of securities and other instruments. The fund may enter into various derivative transactions for both hedging and non-hedging purposes, including for purposes of enhancing returns. The fund is non-diversified.
Fund Info
US95768D5095
Aug 29, 2013
$1,000,000
Expense Ratio
LAOSX has a high expense ratio of 1.24%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Western Asset Macro Opportunities Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
LAOSX
N/A
N/A
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^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of LAOSX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.00% | 0.00% | |||||||||||
| 2021 | 0.00% | 0.00% | |||||||||||
| 2020 | 0.00% | 0.00% | |||||||||||
| 2019 | 0.00% | 0.00% | |||||||||||
| 2018 | 0.00% | 0.00% | |||||||||||
| 2017 | -7.06% | -7.60% | 76.92% | 114.99% | 76.43% | 59.49% | 10.06% | 60.01% | -25.95% | 5.95% | 58.44% | 12.08% | 2,155.13% |
| 2016 | 27.35% | 27.35% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of LAOSX is 13, meaning it’s performing worse than 87% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Western Asset Macro Opportunities Fund (LAOSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
Western Asset Macro Opportunities Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $10.28 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $10.28 | $0.04 | $0.00 | $0.32 | $0.01 | $0.61 | $0.30 | $0.61 | $0.24 | $0.74 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.62% | 5.49% | 0.00% |
Monthly Dividends
The table displays the monthly dividend distributions for Western Asset Macro Opportunities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $10.28 | $10.28 | |||||||||||
| 2023 | $0.04 | $0.04 | |||||||||||
| 2021 | $0.32 | $0.32 | |||||||||||
| 2020 | $0.01 | $0.01 | |||||||||||
| 2019 | $0.61 | $0.61 | |||||||||||
| 2018 | $0.30 | $0.30 | |||||||||||
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.61 | $0.61 |
| 2016 | $0.24 | $0.24 | |||||||||||
| 2015 | $0.74 | $0.74 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Western Asset Macro Opportunities Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Western Asset Macro Opportunities Fund was 51.67%, occurring on Sep 14, 2017. Recovery took 52 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -51.67% | Sep 4, 2017 | 8 | Sep 14, 2017 | 52 | Nov 27, 2017 | 60 |
| -31.06% | May 25, 2017 | 2 | May 26, 2017 | 15 | Jun 16, 2017 | 17 |
| -30.52% | May 10, 2017 | 5 | May 16, 2017 | 6 | May 24, 2017 | 11 |
| -26.15% | Jul 5, 2017 | 11 | Jul 19, 2017 | 13 | Aug 28, 2017 | 24 |
| -23.35% | Jan 5, 2017 | 15 | Jan 25, 2017 | 43 | Mar 30, 2017 | 58 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.