C000129909 Performance — Western Asset Macro Opportunities Fund, Class IS
Data updated: 2024-09-26
C000129909 returned +2.28% over one year to Jul 2024. Annualised returns are −4.06% over 3 years and +0.04% over 5 years. The fund trailed its Global Long-Term Core Bond category average: $100 invested three years ago grew to $88, against $92 for the category, and to $102 over one year, against $106. Volatility over the past three years was 16.52% a year. In the 12 months to Jul 2024 the fund took in a net $110.9M, and assets reached $254.57M.
C000129909 Growth of $100
What $100 invested in Western Asset Macro Opportunities Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Long-Term Core Bond category average over the same months.
| Period | C000129909 | Category average |
|---|---|---|
| 1 year (Aug 2023 – Jul 2024) | $102 | $106 |
| 3 years (Aug 2021 – Jul 2024) | $88 | $92 |
| 5 years (Aug 2019 – Jul 2024) | $100 | $101 |
C000129909 Trailing Returns
Total returns to Jul 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +2.28% |
| 3 years (annualised) | −4.06% |
| 5 years (annualised) | +0.04% |
C000129909 Annual Returns
Calendar-year total returns of Western Asset Macro Opportunities Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Jul) | −4.36% |
| 2023 | +16.08% |
| 2022 | −20.91% |
| 2021 | −0.44% |
| 2020 | +6.98% |
| 2019 (Aug–Dec) | +7.17% |
C000129909 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | −2.6% | −2.2% | +0.9% | −6.6% | +2.5% | +0.1% | +3.8% | — | — | — | — | — |
| 2023 | +7.3% | −6.2% | +3.4% | +2.1% | −2.0% | +1.3% | +2.9% | −2.2% | −7.3% | −3.0% | +10.4% | +10.3% |
| 2022 | −3.8% | −8.6% | −6.7% | −3.4% | +0.8% | −3.7% | +5.0% | +0.4% | −6.6% | −3.4% | +8.2% | 0.0% |
| 2021 | −2.5% | −3.2% | −3.1% | +3.8% | +1.4% | +2.4% | +0.5% | +1.5% | −1.3% | −0.2% | −1.5% | +2.1% |
| 2020 | −0.3% | −2.8% | −11.5% | +5.2% | +5.4% | +1.9% | +4.2% | +0.7% | −1.2% | −1.2% | +6.1% | +1.6% |
| 2019 | — | — | — | — | — | — | — | −1.7% | +2.9% | +2.8% | −0.5% | +3.6% |
C000129909 Risk
Risk measures from monthly returns over Aug 2021 – Jul 2024.
- 3-year volatility (annualised): 16.52%
- 3-year Sharpe ratio: -0.52 (vs 4.5% risk-free rate)
- Best month: +10.36% (Nov 2023)
- Worst month: −8.57% (Feb 2022)
C000129909 Fund Flows
Monthly money in and out of Western Asset Macro Opportunities Fund, from SEC Form N-PORT.
- 12-month net flow: $110.9M
- 12-month gross sales (incl. reinvestments): $54.6M
- Sales ÷ redemptions: -0.97×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2024 | $4.1M | $7.8M | −$3.7M |
| Jun 2024 | $1.2M | $8.7M | −$7.5M |
| May 2024 | $1.7M | $14.0M | −$12.4M |
| Apr 2024 | $3.1M | $8.8M | −$5.7M |
| Mar 2024 | $3.6M | $20.1M | −$16.5M |
| Feb 2024 | $3.9M | $23.3M | −$19.4M |
| Jan 2024 | $4.7M | −$27.1M | $31.8M |
| Dec 2023 | $17.7M | −$23.4M | $41.2M |
| Nov 2023 | $5.6M | −$28.5M | $34.1M |
| Oct 2023 | $3.1M | −$26.7M | $29.8M |
| Sep 2023 | $2.3M | −$17.2M | $19.5M |
| Aug 2023 | $3.7M | −$16.1M | $19.7M |
C000129909 Assets Under Management
Net assets of Western Asset Macro Opportunities Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-07-31 | $254.57M |
| 2024-04-30 | $261.78M |
| 2024-01-31 | $326.92M |
| 2023-10-31 | $322.02M |
| 2023-07-31 | $421.77M |
| 2023-04-28 | $417.41M |
| 2023-01-31 | $538.40M |
| 2022-10-31 | $579.13M |
| 2022-07-29 | $790.62M |
| 2022-04-29 | $1.06B |
| 2022-01-31 | $1.58B |
| 2021-10-29 | $1.71B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.