Western Asset Bond Etf Profile

WABF Etf   25.69  0.10  0.39%   

Performance

0 of 100

 
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Odds Of Distress

Less than 9

 
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Low
Western Asset is trading at 25.69 as of the 28th of November 2024. This is a 0.39 percent increase since the beginning of the trading day. The etf's lowest day price was 25.68. Western Asset has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Western Asset Bond are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Western Asset is entity of United States. It is traded as Etf on NASDAQ exchange. More on Western Asset Bond

Moving together with Western Etf

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Moving against Western Etf

  0.88DSJA DSJAPairCorr
  0.88RSPY Tuttle Capital ManagementPairCorr
  0.86MEME Roundhill InvestmentsPairCorr
  0.44ITWO Proshares Russell 2000 Low VolatilityPairCorr
  0.34ITDD iShares TrustPairCorr

Western Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationBroad Debt ETFs, Broad Market ETFs, Intermediate Core-Plus Bond (View all Sectors)
IssuerFranklin Templeton Investments
Inception Date2023-09-19
Entity TypeRegulated Investment Company
Asset Under Management40.97 Million
Asset TypeFixed Income
CategoryBroad Debt
FocusBroad Market
Market ConcentrationBlended Development
RegionGlobal
AdministratorFranklin Templeton Services, LLC
AdvisorFranklin Advisers, Inc.
CustodianState Street Bank and Trust Company
DistributorFranklin Distributors, LLC
Portfolio ManagerS. Kenneth Leech, John Bellows, Mark Lindbloom, Frederick Marki, Nicholas Mastroianni, Julien Scholnick
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Mar
ExchangeNASDAQ
Number of Constituents598
Market MakerCitadel
Total Expense0.35
Management Fee0.35
200 Day M A25.6272
Country NameUSA
50 Day M A25.8408
CodeWABF
Updated At27th of November 2024
Returns Y T D2.44
NameWestern Asset Bond ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01J347T59
TypeETF
1y Volatility9.21
Western Asset Bond [WABF] is traded in USA and was established null. The fund is listed under Intermediate Core-Plus Bond. The entity is thematically classified as Broad Debt ETFs. Western Asset Bond at this time have in net assets. , while the total return for the last year was 8.5%.
Check Western Asset Probability Of Bankruptcy

Geographic Allocation (%)

Western Asset Bond Risk Profiles

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.

Western Asset Against Markets

When determining whether Western Asset Bond is a strong investment it is important to analyze Western Asset's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Western Asset's future performance. For an informed investment choice regarding Western Etf, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Asset Bond. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
The market value of Western Asset Bond is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Asset's value that differs from its market value or its book value, called intrinsic value, which is Western Asset's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Western Asset's market value can be influenced by many factors that don't directly affect Western Asset's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Western Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Asset is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Asset's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.