WAFSX

About WAFSX

Western Asset Inflation Indexed Plus Bond Fund Class IS is an institutional mutual fund specializing in inflation-protected fixed income securities. Its core objective is to maximize total return while preserving capital, primarily by investing at least 80% of its assets in inflation-indexed bonds, with a strong emphasis on U.S. Treasury Inflation-Protected Securities (TIPS). This strategy positions the fund as a key option for institutional investors seeking exposure to assets that help mitigate the impact of inflation on portfolio returns. The fund is actively managed by a team of specialists and maintains a portfolio with a significant concentration—over two-thirds—in its top ten holdings, mainly comprising U.S. Treasury securities. The portfolio is characterized by a high level of credit quality and interest rate sensitivity, evidenced by its effective duration of over 8 years. With total assets exceeding $50 million and a competitive expense ratio for its category, the fund fits within the inflation-protected bond segment and serves investors looking for inflation hedges within a diversified portfolio. It is structured for institutions, requiring a high initial minimum investment, and is evaluated regularly against benchmarks like the Bloomberg Intermediate Treasury index.