|Effective Duration||7.02 years|
|Spread Duration||4.49 years|
|Sectors||Market Value (%)||Notional
Market Value1 (%)
|Developed Non- USD||0.1||0.0||0.0|
|EM Local Currency||4.1||0.0||0.0|
|Cash & Cash Equivalents||-1.7||0.0||0.0|
|Strategy AUM:||USD73.9 billion, September 30, 2023|
|Benchmark:||Bloomberg US Aggregate Index|
|Inception Date:||February 1, 1993|
|Investment Vehicles:||Separate Accounts and Commingled Vehicles|
|For more information, contact your Client Service Executive
or call us at 1-626-844-9400.
Western Asset Investment Highlights provide quarterly insights into the performance and positioning of Western Asset investment strategies.
View 3Q Highlights
|September 30, 2023||Composite (gross)||Composite (net)||Benchmark|
|Since Inception 01-Feb-93||5.5||5.2||4.3|
|December 31, 2022||Composite (gross)||Composite (net)||Benchmark|
|Since Inception 01-Feb-93||5.7||5.4||4.5|
Past investment results are not indicative of future investment results. Returns for periods greater than one year are annualized. Gross-of-fees returns are presented before management fees, but after all trading expenses. Net-of-fees results are calculated using a model approach whereby the current highest tier of the appropriate strategy's fee schedule is used. Effective January 1, 2020, for annual periods where the actual account weighted fees are higher than the composite model fee, the actual account weighted fees will be used for the net-of-fee composite return calculations. Net-of-fee composite return calculations using actual account weighted fees may include fund returns that incur higher fees than those applied to separately managed accounts. Please see the Performance and Risk Disclosures for more information.
¹ Notional market value represents derivatives notional market value excluding interbank derivatives.
Western Asset Management Company Distribuidora de Títulos e Valores Mobiliários Limitada is authorized and regulated by Comissão de Valores Mobiliários and Brazilian Central Bank. Western Asset Management Company Pty Ltd ABN 41 117 767 923 is the holder of the Australian Financial Services Licence 303160. Western Asset Management Company Pte. Ltd. Co. Reg. No. 200007692R is a holder of a Capital Markets Services Licence for fund management and regulated by the Monetary Authority of Singapore. Western Asset Management Company Ltd is a registered Financial Instruments Business Operator and regulated by the Financial Services Agency of Japan. Western Asset Management Company Limited is authorised and regulated by the Financial Conduct Authority ("FCA") (FRN 145930). This communication is intended for distribution to Professional Clients only if deemed to be a financial promotion in the UK as defined by the FCA. This communication may also be intended for certain EEA countries where Western Asset has been granted permission to do so. For the current list of the approved EEA countries please contact Western Asset at +44 (0)20 7422 3000.