Total Return Unconstrained (TRU) Bond

Investment Style

Construct a portfolio in which the manager intends to actively manage sector, duration and term structure exposure. The manager will be opportunistic and will make tactical changes based on our fundamental assessment of current market conditions.

Investment Vehicles

Separate Account: Contact your Client Service Executive or call 1-626-844-9400
Commingled Vehicle Available

Performance as of September 30, 2018

Returns for periods greater than one year are annualized. Please see the Performance and Risk Disclosures for more detail.

Portfolio Characteristics as of June 30, 2018

Total Return Unconstrained (TRU) Bond | Portfolio Characteristics as of June 30, 2018


Strategy AUM: Total Total Return Unconstrained (TRU) Bond Assets:
US$5.0 billion (as of June 30, 2018)
Benchmark: No Benchmark*
Inception Date: 01 Jul 04

Sector Allocation as of June 30, 2018

Total Return Unconstrained (TRU) Bond | Sector Allocation as of June 30, 2018
Note: Sector allocation includes look-through to any underlying commingled vehicles if held. All weightings are a percentage of total market value. A negative cash position may be reported, which is primarily due to the portfolio's unsettled trade activity. Data may not sum to 100% due to rounding.
Strategy Profile
Western Asset investment strategy profiles include overviews, objectives, performance, risk information and more.
IMPORTANT INFORMATION: All investments involve risk including loss of principal. Past performance is not indicative of future investment results. This information is only for use by professional clients, eligible counterparties or qualified investors. It is not aimed at, or for use by, retail clients.
Notional market value represents derivatives notional market value excluding interbank derivatives.
* The Total Return Unconstrained (TRU) Bond Composite is not measured against a benchmark. There is no benchmark available which appropriately reflects the strategy