Western Asset Global Government Bond Fund

Scorecard
3 / 5 Stars
Lipper ---
Zacks Investment Research
---
Standard & Poor's
2 / 5 Stars
TheStreet.com
E (Sell)

U.S. News evaluated 91 World 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 7.81 percent over the past year, 4.71 percent over the past three years, 5.54 percent over the past five years, and 5.29 percent over the past decade.

Trailing Returns Updated 04.30.2013
Year to date 2.9%
1 Year 7.8%
3 Years (Annualized) 4.7%
5 Years (Annualized) 5.5%
10 Years (Annualized) 5.3%

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Summary

The investment seeks to maximize total return, consistent with prudent investment management. The fund normally invests at least 80% of its net assets in the debt and fixed income securities issued by the U.S. government and non-U.S. governments and related agencies and instrumentalities. It normally invests in issuers located in at least three countries and no more than 25% of the fund's total assets may be invested in issuers located in any single non-U.S. country. The fund may invest up to 35% of its total assets in debt and fixed income securities that are rated below investment grade at the time of purchase. It is non-diversified.

Fees

Fees are Low compared to funds in the same category.
Western Asset Global Government Bond Fund has an expense ratio of 0.95 percent.

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Risk

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

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