Western Asset Core Bond Fund (WATFX)
The fund invests in a portfolio of fixed income securities of various maturities and, under normal market conditions, will invest at least 80% of its net assets in debt and fixed income securities. Although the fund may invest in debt and fixed income securities of any maturity, under normal market conditions the target dollar-weighted average effective duration for the fund is expected to range within 20% of the average duration of the domestic bond market as a whole as estimated by the fund's subadviser.
Fund Info
US9576633054
957663305
Sep 4, 1990
$1,000,000
Expense Ratio
WATFX features an expense ratio of 0.46%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Western Asset Core Bond 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
Western Asset Core Bond Fund had a return of -0.65% year-to-date (YTD) and -0.14% in the last 12 months. Over the past 10 years, Western Asset Core Bond Fund had an annualized return of 1.11%, while the S&P 500 had an annualized return of 11.06%, indicating that Western Asset Core Bond Fund did not perform as well as the benchmark.
WATFX
-0.65%
-1.52%
-0.12%
-0.14%
-1.59%
1.11%
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Monthly Returns
The table below presents the monthly returns of WATFX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.31% | -1.55% | 1.01% | -2.87% | 1.83% | 1.02% | 2.46% | 1.47% | 1.33% | -2.95% | 0.38% | -0.65% | |
| 2023 | 4.42% | -3.09% | 2.28% | 0.68% | -1.43% | -0.23% | 0.13% | -0.99% | -3.40% | -2.23% | 5.65% | 4.49% | 5.92% |
| 2022 | -2.67% | -2.04% | -3.27% | -4.72% | 0.74% | -2.57% | 2.93% | -3.16% | -5.45% | -1.84% | 4.98% | -0.82% | -16.92% |
| 2021 | -0.95% | -1.85% | -1.19% | 1.01% | 0.24% | 0.61% | 1.29% | -0.07% | -1.05% | -0.22% | 0.20% | -0.14% | -2.13% |
| 2020 | 1.60% | 0.81% | -2.58% | 2.93% | 1.48% | 1.14% | 2.39% | -0.54% | -0.34% | -0.34% | 1.89% | -1.06% | 7.48% |
| 2019 | 1.82% | 0.18% | 1.97% | 0.27% | 1.31% | 1.53% | 0.33% | 2.33% | -0.36% | 0.31% | 0.06% | -0.39% | 9.72% |
| 2018 | -0.98% | -1.24% | 0.71% | -0.73% | 0.48% | -0.09% | 0.50% | 0.51% | -0.55% | -1.14% | 0.35% | 1.60% | -0.61% |
| 2017 | 0.43% | 0.90% | 0.04% | 0.85% | 0.91% | -0.04% | 0.59% | 1.07% | -0.36% | 0.13% | -0.02% | 0.61% | 5.22% |
| 2016 | 0.88% | 0.47% | 1.63% | 0.78% | -0.10% | 2.15% | 0.92% | 0.20% | -0.05% | -0.68% | -2.42% | 0.36% | 4.15% |
| 2015 | 1.93% | -0.27% | 0.46% | -0.26% | -0.26% | -1.16% | 0.88% | -0.19% | 0.31% | 0.48% | -0.17% | -0.51% | 1.23% |
| 2014 | 1.69% | 0.92% | 0.02% | 1.17% | 1.34% | 0.24% | -0.07% | 1.15% | -0.89% | 0.90% | 0.55% | 0.15% | 7.38% |
| 2013 | -0.53% | 0.36% | 0.07% | 0.95% | -1.65% | -1.93% | 0.07% | -0.51% | 1.10% | 1.19% | -0.42% | -0.50% | -1.83% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of WATFX is 11, meaning it’s performing worse than 89% 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 Core Bond Fund (WATFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Western Asset Core Bond Fund provided a 3.85% dividend yield over the last twelve months, with an annual payout of $0.40 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.40 | $0.40 | $0.31 | $0.27 | $0.33 | $0.39 | $0.36 | $0.30 | $0.31 | $0.33 | $0.36 | $0.33 |
Dividend yield | 3.85% | 3.70% | 2.91% | 2.05% | 2.38% | 2.96% | 2.93% | 2.35% | 2.54% | 2.73% | 2.94% | 2.83% |
Monthly Dividends
The table displays the monthly dividend distributions for Western Asset Core Bond 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 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.00 | $0.36 |
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.40 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.31 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.02 | $0.27 |
| 2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.05 | $0.02 | $0.33 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.39 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.36 |
| 2017 | $0.02 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.30 |
| 2016 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.31 |
| 2015 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.33 |
| 2014 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.36 |
| 2013 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.33 |
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 Core Bond 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 Core Bond Fund was 24.15%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current Western Asset Core Bond Fund drawdown is 15.34%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -24.15% | Dec 1, 2020 | 478 | Oct 24, 2022 | — | — | — |
| -21.44% | Feb 4, 2008 | 204 | Nov 21, 2008 | 179 | Aug 11, 2009 | 383 |
| -9.33% | Mar 9, 2020 | 9 | Mar 19, 2020 | 44 | May 21, 2020 | 53 |
| -7.17% | Oct 6, 1998 | 221 | Aug 10, 1999 | 256 | Aug 10, 2000 | 477 |
| -6.93% | Nov 8, 2001 | 179 | Jul 29, 2002 | 108 | Dec 31, 2002 | 287 |
Volatility
Volatility Chart
The current Western Asset Core Bond Fund volatility is 1.59%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.