Key stats
About Western Asset Bond ETF
Home page
Inception date
Sep 21, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Franklin Advisers, Inc.
Distributor
Franklin Distributors LLC
ISIN
US35473P3973
WABF focuses on generating returns from a diversified portfolio of debt instruments and fixed income securities while actively managing risks and potential opportunities in the market. This portfolio includes corporate debts, US and non-US government securities, mortgage rolls, ABS, MBS, CMBS, RMBS, CMOs, and CDOs capped at 10%. In selecting securities, the fund blends top-down and bottom-up fundamental analyses, researching macroeconomic factors and security-specific levels to exploit perceived market mispricing. Furthermore, derivatives are used to enhance returns and manage risks, addressing interest rate fluctuations, credit risks, and portfolio duration. Investments are presently denominated in USD and have no maturity or credit rating restriction. The fund may also hold non-convertible preferred and credit-linked securities, warrants, ETFs, US treasuries, cash, and cash equivalents. The fund may engage in active and frequent trading, potentially resulting in a high turnover rate.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Securitized
Corporate
Government
Stocks0.00%
Transportation0.00%
Bonds, Cash & Other100.00%
Securitized49.03%
Corporate30.97%
Government12.14%
Mutual fund6.63%
Cash0.94%
Miscellaneous0.23%
Loans0.07%
Stock breakdown by region
North America86.78%
Europe7.06%
Africa2.27%
Asia2.18%
Latin America1.71%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
WABF invests in bonds. The fund's major sectors are Securitized, with 49.03% stocks, and Corporate, with 30.97% of the basket. The assets are mostly located in the N/A region.
WABF last dividends amounted to 0.10 USD. The month before, the issuer paid 0.12 USD in dividends, which shows a 22.60% decrease.
WABF assets under management is 16.55 M USD. It's risen 0.71% over the last month.
WABF fund flows account for −23.89 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, WABF pays dividends to its holders with the dividend yield of 5.77%. The last dividend (Sep 5, 2025) amounted to 0.10 USD. The dividends are paid monthly.
WABF shares are issued by Franklin Resources, Inc. under the brand Western Asset. The ETF was launched on Sep 21, 2023, and its management style is Active.
WABF expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
WABF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
WABF invests in bonds.
WABF price has risen by 0.84% over the last month, and its yearly performance shows a −3.68% decrease. See more dynamics on WABF price chart.
NAV returns, another gauge of an ETF dynamics, showed a 2.44% increase in three-month performance and has increased by 2.16% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 2.44% increase in three-month performance and has increased by 2.16% in a year.
WABF trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.