WACIX Mutual Fund — Western Asset Core Plus Bond Fund Class FI

Western Asset Core Plus Bond Fund Class FI (WACIX)

WACIX is a Mutual Fund. As of August 17, 2026, its distribution rate is 0.04%, its trailing-12-month yield is 4.16%, its expense ratio is 0.81%. Dividend Vision Distribution Safety Score™ is 91/100 (Safe). Total return is 135.0% over the past 25.1 years, 790.1 points behind SPY at 925.1%.

At the current 0.04% distribution rate, a $10,000 investment would generate approximately $4 per year, or $0.33 per month on an equivalent basis.

Western Asset Core Plus Bond Fund Class FI is a mutual fund that invests primarily in a diversified portfolio of fixed income securities across various maturities, maintaining a duration profile aligned with the broader domestic bond market while allowing up to 20% exposure to non-U.S. dollar-denominated debt securities. The fund carries a current distribution rate in the mid-single digits, an expense ratio of 0.81%, and a substantial asset base. It appeals to income-focused investors seeking broad fixed income exposure with moderate duration positioning.

WACIX performance versus SPY

Data as of August 17, 2026.

Total return is 135.0% over the past 25.1 years, 790.1 points behind SPY at 925.1%. Its deepest 1-year drawdown was 3.6%.

WACIX key facts

Data as of August 17, 2026.

Distribution Safety Score™

91 · Safe

Safety-Adjusted Yield

0.04%

Issuer

Western Asset

Asset type

Mutual Fund

Asset class

Fixed Income

Expense ratio

0.81%

Distribution rate

0.04%

Trailing yield

4.16%

Last close

$9.04

AUM

$23,832,143,872

Average volume

0.0

Last dividend

$0.0350

Ex-dividend date

07/31/2026

Beta

1.32

How Dividend Vision calculates yield and returns

Distribution rate (0.04%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (4.16%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. Figures below use Dividend Vision data as of August 17, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 17, 2026.

Primary sources: Western Asset; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

WACIX risks and drawbacks

WACIX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 3.6%.

Who may consider WACIX — and who may not

WACIX may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from Western Asset.