Western Asset Total Return ETF (WBND): Price and Financial Metrics ETF

Western Asset Total Return ETF (WBND) ETF Bio

The investment objective of the Western Asset Total Return ETF seeks to offer investors a core strategy with flexibility to take advantage of various taxable fixed-income maturities and sectors. Asset-backed securities, privately issued mortgage-backed securities and similar debt securities are limited to 20% of the portfolio, while collateralized debt obligations and junior loans are limited to 10% and 20% of the portfolio, respectively. Up to 30% of the portfolio can be invested in high-yield debt. Non-U.S. issuers are limited to 30% of the portfolio, and debt denominated in non-U.S. currencies is limited to 25% The performance of the fund is benchmarked against the Bloomberg Barclays U.S. Aggregate Index.