LWCPX

About LWCPX

Western Asset Core Plus Bond Fund Class C1 is a mutual fund focused on delivering total return through a dynamically managed portfolio of fixed income securities. Its primary objective is to maximize total return while maintaining prudent risk management and liquidity. The fund primarily invests in investment-grade U.S. fixed-income assets, including government, corporate, and securitized debt. Notably, it employs a 'core-plus' strategy, which means it has the flexibility to allocate a portion of its holdings to non-core sectors, such as high-yield corporate bonds, bank loans, emerging-market debt, and non-U.S. currencies, providing the opportunity for additional yield and diversification beyond traditional core bond funds. This portfolio is typically structured with significant allocations to agency mortgage-backed securities, investment-grade corporate credit, and U.S. Treasuries. Its sector and duration positioning are actively managed in response to market opportunities and risks, and the fund measures its performance against the Bloomberg U.S. Aggregate Bond Index. The fund targets investors seeking a blend of income generation and moderate capital appreciation through an actively managed fixed income approach, serving as a key component within a diversified fixed income allocation for a broad range of investors.