Home > Investment Manager Profiles > Western Asset Management

Background
Founded in 1971 as a subsidiary of First Interstate Bank of California; A Legg Mason company since 1986. Specialists in active fixed income management.

Assets Under Management
$632.2 billion (as of 3/31/08)

*Assets under management by Western Asset and its supervised affiliates.

Philosophy
Western Asset Management Company focuses exclusively on the management of fixed income portfolios. The firm takes a fundamental approach to money management that is continually fine-tuned and adapted to changing conditions. The firm's objective is to provide clients with focused, tightly controlled, value-oriented portfolios that seek to exceed benchmark returns while approximating benchmark risk.

Western Asset seeks to capitalize on inefficiencies in fixed income markets to add incremental value to investment portfolios. When making investment decisions, the firm focuses on such critical areas as sector allocation, issue selection, duration weighting and term structure.




www.westernasset.com
Western Asset Funds

Western Asset Absolute Return Portfolio

Western Asset Core Bond Portfolio

Western Asset Core Plus Bond Portfolio

Western Asset Emerging Markets Debt Portfolio

Western Asset Global High Yield Bond Portfolio

Western Asset High Yield Portfolio

Western Asset Inflation Indexed Plus Bond Portfolio

Intermediate Bond Portfolio

Western Asset Intermediate Plus Bond Portfolio

Western Asset Limited Duration Bond Portfolio

Western Asset Non-U.S. Opportunity Bond Portfolio


Investment Managers:

Batterymarch
Financial Mgmt.

ClearBridge
Advisors

Legg Mason Capital
Management

Royce & Associates

Western Asset
Management




Investors should consider the Fund's investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information about the Fund. To obtain a free prospectus, click here or call 1-888-425-6432. Please read the prospectus carefully before investing.

All investments involve risk, including possible loss of principal.

Legg Mason Investor Services, LLC and all entities mentioned above are affiliates of Legg Mason, Inc.
This site is intended for U.S. investors only. The products and services described on this site are generally not available to non-U.S. investors.

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