Legg Mason Western Asset US Core Plus Bond Fund

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About The Fund

Investment Aim

The Fund is a sub-fund of Legg Mason Global Funds plc, an open-ended umbrella investment company constituted in Ireland. The Fund seeks to provide maximum total return, consisting of capital appreciation and income, by investing at least 70% of its Net Asset Value in investment grade debt securities that are listed or traded on regulated markets in the U.S.

Performance Benchmark

Bloomberg Barclays U.S. Aggregate Index
Month-end NAV:
Class A Acc (USD): USD 152.93
Fund Size:USD 1,049 milllion
Number of Holdings:1,251
All data are as of 30 April 2019

About the Investment Strategy

  • The Fund invests in investment grade securities, including US government bonds, US corporate debt securities, mortgage-related instruments and asset-backed securities.
  • By taking a total return approach, an investor may be able to take advantage of both yield and price fluctuations.
  • The Fund aims to maintain an average credit quality of AA-.
  • About the Investment Team

    Founded in 1971, Western Asset Management has decades of experience in fixed income investing and is now one of the world's largest managers of fixed income investments. Western Asset Management follows a team-focused approach comprising groups of specialists dedicated to all the major areas of the fixed income market. Western Asset Management's philosophy is to provide diversified, tightly controlled, value-oriented portfolios through a focus on long-term fundamental value investing and by applying multiple diversified strategies.


    The Fund may invest in certain types of derivatives for investment and / or efficient portfolio management purposes. Please refer to the prospectus for more information.

    This document, provided by Legg Mason Asset Management Singapore Pte. Limited ( “Legg Mason” ) (Registration Number (UEN): 200007942R), is for information only and does not constitute an offer or solicitation to buy or sell any units in any fund.

    The prospectus of the fund is available and may be obtained from Legg Mason or its authorised distributors. Investors should check with Legg Mason or its authorised distributors on whether a particular class of the fund is available for subscription. Investors should read the prospectus prior to any subscription. All applications for units in the fund must be made on the application forms accompanying the prospectus. Past performance is not necessarily indicative of future performance. All investments involve risk, including possible loss of principal.The value of the units in the fund and the income accruing to the units, if any, may fall or rise.

    Distribution of this document may be restricted in certain jurisdictions. Any persons coming into possession of this document should seek advice for details of, and observe, such restrictions (if any).This document does not constitute the distribution of any information or the making of any offer or solicitation by anyone in any jurisdiction in which such distribution or offer is not authorized or to any person to whom it is unlawful to distribute such a document or make such an offer or solicitation. This fund is not available to US citizens, residents or greencard holders and may not be available in all jurisdictions.

    Neither Legg Mason nor any officer or employee of Legg Mason accepts any liability whatsoever for any loss arising from any use of this document or its contents. The information in this document is confidential and proprietary and may not be used other than by the intended user.This document may not be reproduced, distributed or published without prior written permission from Legg Mason.

    The mention of any individual securities / funds should neither constitute nor be construed as a recommendation to purchase or sell securities, and the information provided regarding such individual securities / funds is not a sufficient basis upon which to make an investment decision. Portfolio allocations, holdings and characteristics are subject to change at any time. Although information has been obtained from sources that Legg Mason believes to be reliable, no guarantee can be given as to its accuracy and such information may be incomplete or condensed and may be subject to change at any time without notice. Legg Mason, its affiliates, officers or directors, may have an interest in the acquisition or disposal of the securities mentioned herein.

    This advertisement or publication has not been reviewed by the Monetary Authority of Singapore.