Emerging Markets Debt USD Corporate Credit

Investment Objective

Exceed the benchmark return by 150 basis points annually over the course of a market cycle while approximating benchmark risk.

Investment Style

Construct and maintain a diversified portfolio of corporate and quasi-sovereign issuers in emerging market countries. Value can be added through corporate subsector relative weightings and issuer/issue selection. Western Asset uses various tools, both external and proprietary, to help identify, measure and manage portfolio risk.

Investment Vehicles

Separate Account: Contact your CSE or call 1-626-844-9400
Commingled Vehicle Available

Performance as of June 30, 2017

Returns for periods greater than one year are annualized. Please see the Performance Disclosure for more information.

Snapshot

Strategy AUM: Total Emerging Markets Debt USD Corporate Credit Assets:
US$745.4 million (as of June 30, 2017)
Benchmark: JPM CEMBI Broad Index*
Inception Date: 01 Mar 08

Sector Allocation as of June 30, 2017

Emerging Markets Debt USD Corporate Credit | Sector Allocation as of June 30, 2017
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.

Portfolio Characteristics as of June 30, 2017

Emerging Markets Debt USD Corporate Credit | Portfolio Characteristics as of June 30, 2017
Past performance is not indicative of future investment results, the value of any investment can fall as well as rise.
1Benchmark Other is generally comprised of countries representing less than 1% of the Index.
* Represented by the aggregate of the Emerging Markets Debt USD Corporate Credit (ERISA) Composite and the Emerging Markets Debt USD Corporate Credit (Unrestricted) Composite.