WARIX Performance — Western Asset Total Return Unconstrained Fund, Class FI
Data updated: 2026-09-24
WARIX returned +0.70% year to date and +3.82% over one year to May 2026. Annualised returns are +5.32% over 3 years and +0.11% over 5 years. The fund trailed its Short-Term Core Bond category average: $100 invested three years ago grew to $117, against $119 for the category, and to $104 over one year, against $105. Volatility over the past three years was 4.78% a year. In the 12 months to May 2026 the fund lost a net $93.5M, and assets reached $42.29M.
WARIX Growth of $100
What $100 invested in Western Asset Total Return Unconstrained Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Core Bond category average over the same months.
| Period | WARIX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $104 | $105 |
| 3 years (Jun 2023 – May 2026) | $117 | $119 |
| 5 years (Jun 2021 – May 2026) | $101 | $113 |
| Since data start (Sep 2019 – May 2026) | $108 | $121 |
WARIX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.70% |
| 1 year | +3.82% |
| 3 years (annualised) | +5.32% |
| 5 years (annualised) | +0.11% |
WARIX Annual Returns
Calendar-year total returns of Western Asset Total Return Unconstrained Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +0.70% |
| 2025 | +6.82% |
| 2024 | +2.55% |
| 2023 | +7.08% |
| 2022 | −14.12% |
| 2021 | −2.18% |
| 2020 | +4.76% |
| 2019 (Sep–Dec) | +3.95% |
WARIX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.7% | +0.4% | −1.7% | +0.9% | +0.4% | — | — | — | — | — | — | — |
| 2025 | +1.2% | +1.4% | +0.1% | +0.9% | −0.1% | +1.3% | −0.3% | +1.1% | +0.2% | +0.2% | +0.4% | +0.2% |
| 2024 | −0.1% | −0.5% | +0.5% | −2.1% | +1.5% | +0.2% | +1.9% | +1.1% | +1.5% | −1.8% | +1.4% | −0.9% |
| 2023 | +3.0% | −3.7% | +2.2% | 0.0% | −0.2% | +1.3% | +1.7% | −1.3% | −2.3% | −0.9% | +4.2% | +3.3% |
| 2022 | −1.0% | −3.0% | −4.1% | −2.4% | +0.7% | −2.5% | +0.4% | −0.4% | −4.0% | −1.6% | +3.3% | −0.2% |
| 2021 | −0.3% | −0.7% | −1.6% | +0.9% | +0.4% | +0.6% | 0.0% | +0.4% | −0.6% | −0.6% | −0.7% | 0.0% |
| 2020 | +0.5% | −1.7% | −7.8% | +3.2% | +2.6% | +1.8% | +2.4% | +0.3% | −0.4% | −0.2% | +3.5% | +1.0% |
| 2019 | — | — | — | — | — | — | — | — | +1.8% | +1.0% | −0.4% | +1.5% |
WARIX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 4.78%
- 3-year Sharpe ratio: 0.17 (vs 4.5% risk-free rate)
- Best month: +4.25% (Nov 2023)
- Worst month: −2.26% (Sep 2023)
WARIX Fund Flows
Monthly money in and out of Western Asset Total Return Unconstrained Fund, from SEC Form N-PORT.
- 12-month net flow: −$93.5M
- 12-month gross sales (incl. reinvestments): $13.0M
- Sales ÷ redemptions: 0.12×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $188K | $8.8M | −$8.6M |
| Apr 2026 | $433K | $825K | −$392K |
| Mar 2026 | $295K | $1.4M | −$1.1M |
| Feb 2026 | $410K | $700K | −$290K |
| Jan 2026 | $467K | $545K | −$78K |
| Dec 2025 | $1.6M | $10.8M | −$9.2M |
| Nov 2025 | $274K | $773K | −$500K |
| Oct 2025 | $2.3M | $75.4M | −$73.0M |
| Sep 2025 | $649K | $1.7M | −$1.0M |
| Aug 2025 | $1.1M | $1.7M | −$577K |
| Jul 2025 | $1.5M | $2.4M | −$921K |
| Jun 2025 | $3.7M | $1.5M | $2.1M |
WARIX Assets Under Management
Net assets of Western Asset Total Return Unconstrained Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-29 | $42.29M |
| 2026-02-27 | $53.03M |
| 2025-11-28 | $62.80M |
| 2025-08-29 | $138.58M |
| 2025-05-30 | $135.98M |
| 2025-02-28 | $142.74M |
| 2024-11-29 | $141.61M |
| 2024-08-30 | $150.84M |
| 2024-05-31 | $232.80M |
| 2024-02-29 | $274.91M |
| 2023-11-30 | $275.03M |
| 2023-08-31 | $290.73M |
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.