Western Asset Total Etf Profile
| WBND Etf | USD 20.13 0.11 0.55% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Western Asset is trading at 20.13 as of the 28th of November 2024, a 0.55 percent increase since the beginning of the trading day. The etf's lowest day price was 20.13. 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 Total 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.
Under normal market conditions, the fund will seek its investment objective by investing at least 80 percent of its assets in a portfolio comprised of fixed income securities, debt instruments, derivatives, equity securities of any type acquired in reorganizations of issuers of fixed income securities or debt instruments , non-convertible preferred securities, warrants, cash and cash equivalents, foreign currencies, and exchange-traded funds that provide exposure to these investments. More on Western Asset Total
Moving together with Western Etf
| 0.99 | IUSB | iShares Core Total | PairCorr |
| 0.99 | FIXD | First Trust TCW | PairCorr |
| 0.99 | FBND | Fidelity Total Bond Sell-off Trend | PairCorr |
| 0.99 | TOTL | SPDR DoubleLine Total | PairCorr |
| 1.0 | HTRB | Hartford Total Return | PairCorr |
| 1.0 | GTO | Invesco Total Return | PairCorr |
Moving against Western Etf
Western Etf Highlights
| Thematic Idea | Broad Debt ETFs (View all Themes) |
| Business Concentration | Broad Debt ETFs, Intermediate Core-Plus Bond, Franklin Templeton Investments (View all Sectors) |
| Issuer | Franklin Templeton Investments |
| Inception Date | 2018-10-03 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 23.07 Million |
| Average Trading Valume | 13,582.6 |
| Asset Type | Fixed Income |
| Category | Broad Debt |
| Focus | Broad Debt |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Legg Mason Partners Fund Advisor, LLC |
| Advisor | Legg Mason Partners Fund Advisor, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Franklin Distributors, LLC |
| Portfolio Manager | S. Kenneth Leech, Mark S. Lindbloom, Julien A. Scholnick, Frederick R. Marki, John L. Bellows |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Dec |
| Exchange | NASDAQ |
| Number of Constituents | 643 |
| Market Maker | RBC Capital Markets |
| Total Expense | 0.49 |
| Management Fee | 0.49 |
| Country Name | USA |
| Returns Y T D | 0.93 |
| Name | Western Asset Total Return ETF |
| Currency Code | USD |
| Open Figi | BBG00M55XWH9 |
| In Threey Volatility | 10.94 |
| 1y Volatility | 9.49 |
| 200 Day M A | 20.1449 |
| 50 Day M A | 20.2686 |
| Code | WBND |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.87) |
Western Asset Total [WBND] is traded in USA and was established 2018-10-03. The fund is listed under Intermediate Core-Plus Bond category and is part of Franklin Templeton Investments family. The entity is thematically classified as Broad Debt ETFs. Western Asset Total at this time have 35.14 M in net assets. , while the total return for the last 3 years was -5.3%.
Check Western Asset Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Western Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Western Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Western Asset Total Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Western Asset Total Currency Exposure
Western Asset Total holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Western Asset will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Western Asset Total.
Top Western Asset Total Etf Constituents
| Russian Federation | 1% |
| United States Treasury Bonds | 1.24% |
| Freddie Mac Seasoned Credit Risk Transfer Trust | 1% |
| Italy (Republic Of) | 1.2999999% |
| Federal National Mortgage Association | 1.25% |
| Mexico (United Mexican States) | 3.3299997% |
| Indonesia (Republic of) | 2.75% |
| COLD STORAGE TRUST | 0.95% |
| Secretaria Tesouro Nacional | 1.05% |
Western Asset Total 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.
| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 0.6462 |
Western Asset Against Markets
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Asset Total. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of Western Asset Total 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.