Western Asset Inflation Fund Quote
| WAFAX Fund | USD 9.23 0.05 0.54% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Western Asset is trading at 9.23 as of the 4th of May 2024; that is 0.54 percent up since the beginning of the trading day. The fund's open price was 9.18. Western Asset has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Western Asset Inflation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of April 2024 and ending today, the 4th of May 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets in inflation-indexed fixed income securities and at least 70 percent of its net assets in U.S. Treasury Inflation Protected Securities. Although the fund may invest in securities of any maturity, the fund will normally maintain a dollar-weighted average effective duration, as estimated by the funds subadvisers, within 3 years of that of its benchmark, the Bloomberg U.S. More on Western Asset Inflation
Western Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Western Asset's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Western Asset or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of May 2023 |
| Fiscal Year End | December |
Western Asset Inflation [WAFAX] is traded in USA and was established 4th of May 2024. Western Asset is listed under Franklin Templeton Investments category by Fama And French industry classification. The fund is listed under Inflation-Protected Bond category and is part of Franklin Templeton Investments family. The entity is thematically classified as Exotic Funds. This fund at this time has accumulated 74.35 M in net assets with no minimum investment requirementsWestern Asset Inflation is currently producing year-to-date (YTD) return of 3.01% with the current yeild of 0.0%, while the total return for the last 3 years was -2.63%.
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Instrument Allocation
Western Asset Target Price Odds Analysis
Based on a normal probability distribution, the odds of Western Asset jumping above the current price in 90 days from now is about 55.54%. The Western Asset Inflation probability density function shows the probability of Western Asset mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Western Asset has a beta of 0.2664. This entails as returns on the market go up, Western Asset average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Western Asset Inflation will be expected to be much smaller as well. Additionally, western Asset Inflation has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Western Asset to move above the current price in 90 days from now is about 55.54 (This Western Asset Inflation probability density function shows the probability of Western Mutual Fund to fall within a particular range of prices over 90 days) .
Western Asset Inflation Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Western Asset market risk premium is the additional return an investor will receive from holding Western Asset long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Western Asset. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Western Asset's alpha and beta are two of the key measurements used to evaluate Western Asset's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.2945 | |||
| Standard Deviation | 0.3754 | |||
| Variance | 0.1409 | |||
| Risk Adjusted Performance | (0.05) |
Western Asset Against Markets
Picking the right benchmark for Western Asset mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Western Asset mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Western Asset is critical whether you are bullish or bearish towards Western Asset Inflation at a given time. Please also check how Western Asset's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Western Asset without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Western Mutual Fund?
Before investing in Western Asset, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Western Asset. To buy Western Asset fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Western Asset. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Western Asset fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Western Asset Inflation fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Western Asset Inflation fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Western Asset Inflation, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Western Asset Inflation?
The danger of trading Western Asset Inflation is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Western Asset is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Western Asset. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Western Asset Inflation is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Asset Inflation. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Western Asset Inflation information on this page should be used as a complementary analysis to other Western Asset's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.