Fact sheet: LM WA US Core Bond

Fund information

Fund name
Legg Mason Western Asset US Core Bond GA Acc USD
Fund company manager
Legg Mason Global Funds Plc
Fund type
SIB
Fund manager
Western Asset Management Co
since 30/08/2002
Fund objective
The Fund seeks to maximise total return through income and capital appreciation by investing at least 75% of its Net Asset Value in debt securities across the major fixed-income sectors that are listed or traded in developed and emerging market countries, denominated in U.S dollars and rated at least BBB by S& P, or equivalent quality. At least two-thirds of the Fund will be invested in securities of issuers registered in the U.S. or that conduct a significant portion of their business activities in the U.S.
Benchmark
Bloomberg Barclays US Aggregate Index
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

1.17 %

1 Year rank in sector

12/38

Sector

FO Fixed Int - USD Investment Grade

Yield
-
Fund size

£ 53.8 m

FE Risk score

85

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    96.04%
  • Global Emerging Markets
    5.16%
  • Money Market
    -1.2%
  • Asset/Mortgage-Backed Securities
    48.18%
  • Investment Grade Corporate Bonds
    23.64%
  • Fixed Interest
    22.1%
  • Others
    5.16%
  • Index Linked
    2.08%
  • US Fixed Interest
    101.16%
  • US Corporate Fixed Interest
    0.04%
  • Money Market
    -1.2%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.07 %2.98 %1.17 %8.92 %13.09 %
Sector-0.21 %1.9 %0.81 %6.73 %12.87 %
Rank within sector13 / 4010 / 4012 / 388 / 349 / 29
Quartile th2 nd1 st2 nd1 st2 nd

Calendar performance

YTD-20172016201520142013
Fund3.79 %2.7 %0.36 %7.59 %-2.27 %
Sector2.67 %3.82 %-0.74 %5.96 %-1.08 %
Rank within sector11 / 4016 / 369 / 345 / 3219 / 32
Quartile th2 nd2 nd2 nd1 st3 rd

Risk statistics

Alpha0.73
Beta1
Sharpe-0
Volatility2.99
Tracking error1.1
Information ratio0.65
R-Squared0.86

Price movement

52 week high130.22
52 week low123.08
Current bid price0
Current offer price0
Current mid price129.31

Holdings by region

  • 96.04% USA
  • 5.16% Global Emerging Markets
  • -1.2% Money Market

Holdings by sector

  • 48.18% Asset/Mortgage-Backed Securities
  • 23.64% Investment Grade Corporate Bonds
  • 22.1% Fixed Interest
  • 5.16% Others
  • 2.08% Index Linked
  • 0.04% High Yield Bond
  • -1.2% Cash & Cash Equivalents

Holdings by asset type

  • 101.16% US Fixed Interest
  • 0.04% US Corporate Fixed Interest
  • -1.2% Money Market

Individual holdings

  • 8.44% UNITED STATES OF AMER TREAS BONDS 3.75% BDS 15/11/43 USD1000
  • 3.06% FEDERAL NATIONAL MORTGAGE ASSOC 3% MTG BDS 25/05/42 USD 1000
  • 2.98% GOVERNMENT NATIONAL MTG ASSOC 3.5% MTG BDS 15/08/45 USD1000
  • 2.83% TREASURY NOTE (OTR)
  • 2.75% FEDERAL NATIONAL MORTGAGE ASSOC 3.5% MTG BDS 25/03/42 USD 1000
  • 2.16% FEDERAL HOME LOAN MORTGAGE CORP 3.5% GSM 30YR TBA AUG
  • 1.85% UNITED STATES OF AMER TREAS BONDS 3% NTS 15/05/45 USD1000
  • 1.74% GOVERNMENT NATIONAL MTG ASSOC 3% MTG BDS 20/06/42 USD1000
  • 1.7% UNITED STATES OF AMER TREAS NOTES 1.5% BDS 28/02/23 USD1000
  • 1.68% MEXICO(UNITED MEXICAN STATES) 4.75% BDS 08/03/44 USD1000