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	$12.58	0.16%
Western Asset Core Plus Bond Fund	I (WACPX)	Mutual Funds	$11.58	0.35%
Western Asset Core Plus Portfolios	-	Managed Accounts	-	-
Western Asset Corporate Bond Fund	A (SIGAX)	Mutual Funds	$12.28	0.16%
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	$6.07	0.00%
Western Asset Macro Opportunities Fund	I (LAOIX)	Mutual Funds	$11.07	0.45%
Western Asset Managed Municipals Fund	A (SHMMX)	Mutual Funds	$16.07	0.06%
Western Asset Mortgage Backed Securities Fund	A (SGVAX)	Mutual Funds	$10.33	0.19%
Western Asset Total Return Unconstrained Fund	I (WAARX)	Mutual Funds	$10.29	0.19%

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

A Long Leash for Central Banks

February 25, 2019

Subdued core inflation allows central banks a very long leash to keep interest rates low. Further interest rate hikes are likely off the table until growth picks up enough to push inflation rates higher.

Investment Insights

Municipal Market Update: February

March 19, 2019

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

Market Outlook

Tilting Toward Accommodation

January 30, 2019

Subdued global inflation should provide monetary policymakers with a ramp to be more accommodative and perhaps pull back from their normalization efforts. We’re encouraged by the Fed's latest commitment to be more data-dependent.