Western Asset Management: Globally Integrated Fixed Income Manager

We are Dedicated to Active Fixed-Income Asset Management

We believe that by dedicating all of our resources to active fixed-income asset management we can provide superior investment results and service to our clients. We believe that active, value-driven investing can add significantly to returns and reduce portfolio volatility over a market cycle.

We are Globally Integrated

We think and act on a global basis. Diversity of knowledge and experience from specialists located throughout our eight global investment centers meaningfully broadens our opportunity set and improves our ability to diversify portfolios.

Risk Management is Fundamental to How We Manage Assets

We integrate risk management into our portfolio construction process, and independent risk managers continually monitor portfolio risk.

Featured Products

Product Name	Class/Ticker	Product Type	Daily NAV	% Change
Western Asset Core Bond Fund	I (WATFX)	Mutual Funds	$12.19	-0.16%
Western Asset Core Plus Bond Fund	I (WACPX)	Mutual Funds	$11.17	-0.18%
Western Asset Core Plus Portfolios	-	Managed Accounts	-	-
Western Asset Corporate Bond Fund	A (SIGAX)	Mutual Funds	$11.91	-0.17%
Western Asset Corporate Bond Ladders (1-10 Years)	-	Managed Accounts	-	-
Western Asset Corporate Bond Ladders (1-5 Years)	-	Managed Accounts	-	-
Western Asset Income Fund	A (SDSAX)	Mutual Funds	$6.04	0.00%
Western Asset Macro Opportunities Fund	I (LAOIX)	Mutual Funds	$10.50	0.00%
Western Asset Managed Municipals Fund	A (SHMMX)	Mutual Funds	$15.85	-0.06%
Western Asset Mortgage Backed Securities Fund	A (SGVAX)	Mutual Funds	$10.18	-0.20%
Western Asset Total Return Unconstrained Fund	I (WAARX)	Mutual Funds	$10.08	0.00%

IMPORTANT INFORMATION: Past performance is no guarantee of future results. Performance shown excludes sales charges, if any. Had sale charges been included, performance would be lower. The "% Change" column(s), indicate a change in the Net Asset Value (NAV) or Market Price from the previous business day. All investments involve risk, including loss of principal. Please see each product’s web page for specific details regarding investment objective, risks, performance and other important information. Review this information carefully before you make any investment decision. Additional share classes and products may be available.

News & Insights

Market Outlook

On EM Valuations and Fundamentals

September 13, 2018

The Emerging Market (EM) bear market could provide resplendent valuation opportunities. In our view, valuation and fundamentals will carry the day. The key to our prognosis: continuation of sustained moderate global growth.

Investment Insights

Municipal Market Update: July

August 20, 2018

Western Asset examines recent trends in the muni bond market and provides its outlook about conditions ahead.

Market Outlook

EM Debt: High Conviction Strategy

August 06, 2018

Despite the market spillover from developed market rate volatility, Western Asset does not view the recent market rout as sufficient basis to steer away from Emerging Market debt (EMD).