Description
Western Asset Investment Grade Credit Plus portfolios employ an actively managed investment approach which utilizes the expertise of a large and experienced team of credit analysts, risk analysts and portfolio managers. Western Asset believes that the ability to integrate superior fundamental credit research with relative value analysis drives performance in credit portfolios.
Objective
Seeks to take advantage of the historically wide spreads currently available in the credit sector of the fixed income markets.
Approach
Construct and maintain an unleveraged, diversified portfolio of investment grade corporate bonds based on the fundamental and relative value views of the Western Asset Global Credit team. Added value is sought through issuer and issue selection and sector and industry rotation.
Snapshot
Benchmark:
Barclays Capital U.S. Credit Bond Index
Constraints:
Interest Rate Duration Exposure: ±20% of the benchmark
Credit Quality: Minimum 70% invested in investment grade issues; Maximum 30% exposure to high yield, bank loans, and emerging market debt
Individual Holdings: <5% per issuer
Credit Quality: Minimum 70% invested in investment grade issues; Maximum 30% exposure to high yield, bank loans, and emerging market debt
Individual Holdings: <5% per issuer
How to Invest
Please contact your Client Service Executive or call our main number.





