Western Asset Inflation Indexed Plus Bond Fund

U.S. News evaluated 52 Inflation-Protected Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned -6.17 percent over the past year, 3.46 percent over the past three years, 6.54 percent over the past five years, and 4.32 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date 2.2%
1 Year -6.2%
3 Years (Annualized) 3.5%
5 Years (Annualized) 6.5%
10 Years (Annualized) 4.3%

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Summary

The investment seeks to maximize total return, consistent with preservation of capital. The fund normally invests at least 80% of its net assets in inflation-indexed fixed income securities and at least 70% of its net assets in U.S. Treasury Inflation Protected Securities. Although the fund may invest in securities of any maturity, the fund will normally maintain a dollar-weighted average effective duration, as estimated by the fund's subadvisers, within 3 years of that of its benchmark, the Barclays Capital U.S. TIPS Index.

Fees

Fees are Low compared to funds in the same category.
Western Asset Inflation Indexed Plus Bond Fund has an expense ratio of 0.66 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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