LCBPX

About LCBPX

Western Asset Corporate Bond Fund Class P is a mutual fund focused on delivering income and moderate capital appreciation by investing primarily in a diversified portfolio of corporate bonds. Its central objective is to provide shareholders exposure to the U.S. corporate debt market, concentrating on investment-grade bonds but allocating some assets to below-investment-grade and non-U.S. issuers to enhance diversification. This fund holds more than 65% of its assets in corporate debt instruments, which generally offer higher yields and increased credit risk compared to government bonds. By selecting securities across sectors such as industrials, financials, utilities, and other key industries, the fund seeks to take advantage of shifting credit and interest rate environments. Western Asset Corporate Bond Fund Class P plays a significant role for investors seeking income-oriented products within their overall fixed income allocation, and it is structured to manage duration and credit exposure in alignment with the corporate bond sector’s typical characteristics and risk profile.