Performance
Trailing returns
| 1 day |
| -0.50% | |||
| 1 week |
| -0.75% | |||
| 4 week |
| -1.96% | |||
| 3 month |
| -0.66% | |||
| YTD |
| -1.63% | |||
| 1 year | +1.55% |
| |||
| 3 years* | +6.62% |
| |||
| 5 years* | +5.53% |
| |||
| *annualized | |||||
| Best 3 month return | +8.62% | |
| Worst 3 month return | -13.94% |
Morningstar statistics
Morningstar category: Inflation-Protected Bond
| Return | Risk | Rating | |
| 3 years | Average | Average |
 
|
| 5 years | Average | Above Average |
|
| 10 years | Above Average | Above Average |
|
| Overall | Above Average | Above Average |
|
Key statistics
| Total assets | 664.31M | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 0.31% | |
| Management fee | - | |
| Fund family | Legg Mason |
Asset allocation
| Cash | 7.68% | |
| Stocks | 0.00% | |
| Bonds | 92.32% | |
| Other | 0.01% |
Purchase information
| Initial | US$1,000,000 | |
| IRA Initial | US$1,000,000 | |
| AIP Initial | US$1,000,000 |
11.97-0.01(-0.08%)
May 20, 4:00PM EDT
Overall Morningstar RatingTM
Description
The investment seeks to maximize total return, consistent with preservation of capital. The fund normally invests at least 80% of its net assets in inflation-indexed fixed income securities and at least 70% 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 fund's subadvisers, within 3 years of that of its benchmark, the Barclays Capital U.S. TIPS Index.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Dennis McNamara (Started: Nov 28, 2012)
Stephen Walsh (Started: Mar 1, 2001)
Paul Wynn (Started: Jul 1, 2009)
Dennis McNamara (Started: Nov 28, 2012)
Stephen Walsh (Started: Mar 1, 2001)
Paul Wynn (Started: Jul 1, 2009)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 0.70 | 1.42 | -2.53 | -0.40 | |
| Beta* | 1.01 | 1.08 | 1.60 | 1.53 | |
| Mean annual return | 0.37 | 0.60 | 0.53 | 0.53 | |
| R-squared* | 70.24 | 43.76 | 53.01 | 63.00 | |
| Standard deviation | 2.36 | 3.95 | 7.77 | 6.91 | |
| Sharpe ratio | 1.82 | 1.81 | 0.78 | 0.67 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| US Treasury Note 1.125% | 8.52% | |
| US Treasury Note | 7.25% | |
| German Euro Bobl Futures Jun13 Xeur | 6.52% | |
| US Treasury Bond 2.375% | 6.15% | |
| US Treasury Note | 6.14% | |
| US Treasury Bond 2% | 5.31% | |
| US Treasury Bond 3.875% | 5.14% | |
| US Treasury Note 2% | 4.30% | |
| US Treasury Note | 3.92% | |
| US Treasury Note 0.5% | 3.45% |