WACIX Fees and Costs — Western Asset Core Plus Bond Fund, Class FI
Data updated: 2026-08-26
The net expense ratio is 0.81%: a 0.41% management fee, a 0.25% 12b-1 fee plus 0.15% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3.5M in broker commissions, 0.0719% of average net assets, and portfolio turnover was 83%.
WACIX Fees and Expenses
Annual operating expenses and sales charges of WACIX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.41% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.15% |
| Gross expense ratio | 0.81% |
| Fee waiver | — |
| Net expense ratio | 0.81% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
WACIX Costs Over Time
On $10,000 invested in WACIX, assuming 5% a year before costs, total costs come to $553 over 5 years, cutting the return by 0.93% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.81%) | $85 | $266 | $461 |
| Trading costs (broker commissions) | $8 | $24 | $41 |
| Lost growth on money paid in costs | $0 | $14 | $51 |
| Total costs | $93 | $304 | $553 |
| Value after costs | $10,407 | $11,273 | $12,210 |
| Impact on return, per year | 0.93% | 0.93% | 0.93% |
WACIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0719%
- Total broker commissions: $3.5M
- Bought from dealers (principal trades, not a cost): $21.7B
- Portfolio turnover (prospectus): 83%
- Securities lending: none during the year
WACIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| ADVANTAGE SECURITIES LLC | $2.1M | 61.40% |
| MORGAN STANLEY & CO. LLC | $428K | 12.53% |
| BOFA SECURITIES, INC. | $247K | 7.24% |
| CitiGroup Global Markets Inc. | $228K | 6.67% |
| GOLDMAN SACHS & CO. LLC | $136K | 3.99% |
| J.P. Morgan Securities LLC | $120K | 3.52% |
| WELLS FARGO SECURITIES, LLC | $49K | 1.44% |
| R.J. O'Brien Securities, LLC | $46K | 1.34% |
| JEFFERIES LLC | $33K | 0.97% |
| RBC CAPITAL MARKETS, LLC | $31K | 0.90% |
WACIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $6.2B | 30.37% |
| MORGAN STANLEY & CO. LLC | $5.8B | 28.29% |
| GOLDMAN SACHS & CO. LLC | $4.2B | 20.66% |
| CitiGroup Global Markets Inc. | $1.5B | 7.40% |
| BNP PARIBAS SECURITIES CORP. | $942.2M | 4.59% |
| BOFA SECURITIES, INC. | $756.4M | 3.69% |
| WELLS FARGO SECURITIES, LLC | $409.3M | 2.00% |
| BARCLAYS CAPITAL, INC. | $268.4M | 1.31% |
| BMO CAPITAL MARKETS CORP. | $187.3M | 0.91% |
| MIZUHO SECURITIES USA, INC. | $159.4M | 0.78% |
Western Asset Core Plus Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| WAPSX | Class IS | 0.43% | none |
| WACPX | Class I | 0.44% | none |
| WACIX | Class FI | 0.81% | none |
| WAPAX | Class A | 0.81% | 3.75% |
| WAPRX | Class R | 1.13% | none |
| LWCPX | Class C1 | 1.51% | none |
| WAPCX | Class C | 1.52% | none |
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.