Western Asset Bond ETF
$24.02+0.07 (+0.28%)
- 0.35%
- $12M
- −0.9%
- 5.54%
- 3.52K sh
- low $23.43high $25.78
The ETF.net WABF Grade
C
Score 52 out of 100
- 77 of 116
Score 52 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C46 out of 100Rank 60 of 115Mission
Whether the fund did what it promised, tested against its stated mandate.A93 out of 100Rank 68 of 100Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D35 out of 100Rank 96 of 116Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D27 out of 100Rank 99 of 116Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C42 out of 100Rank 83 of 115Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C42 out of 100Rank 79 of 116
Our read on WABF
In short
CWestern Asset has run bond money since 1971, and WABF is that core-plus playbook in ETF form: an actively picked book of roughly 400 US bonds, paid out monthly, with room to reach into high yield.
Stated mandate
The Fund seeks to maximize total return while maintaining prudent investment management and meeting liquidity needs.
Why people hold it
Worth knowing
WABF Holdings
- Bonds
- 391
- 36%
- Cash
Geography
- United States83.15%
- Cayman Islands8.01%
- Netherlands1.91%
- United Kingdom1.58%
- Mexico1.55%
- Kazakhstan1.47%
- Canada0.76%
- Colombia0.53%
- 1.03%
WABF Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
WABF$9,913
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | WABF |
|---|---|
| Year to date | −1.3% |
| 1 month | +2.2% |
| 3 months | −0.5% |
| 1 year | −0.9% |
| 3 years | +6.1% |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | WABF |
|---|---|---|
| 2026 YTD | −1.3% | |
| 2025 | +7.9% | |
| 2024 | +1.3% | |
| 2023 | +6.3% |
WABF in the news
WABF Dividends
- 5.54%
- $1.33
- $0.13 per share
- Monthly
WABF Risk
- 6.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.25
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −5.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.30
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
WABF Cost
Overpaying vs BKAG, cheapest in US Aggregate Bond
$7,126
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
WABF 0.35%
$7,126
BKAG 0.00% Cheapest
$0
Cost over time
Year by year
| Year | WABF | BKAG | Overpaying |
|---|---|---|---|
| 10 | $634 | $0 | $634 |
| 20 | $2,454 | $0 | $2,454 |
| 30 | $7,126 | $0 | $7,126 |
Other funds in US Aggregate Bond
- BWCPBWeitz Core Plus Bond ETFExpense ratio 0.45%1 year return +0.9%
- CBCPLBNY Mellon Core Plus ETFExpense ratio 0.40%1 year return
- CFTCBFirst Trust Core Investment Grade ETFExpense ratio 0.56%1 year return −0.6%
- CMAGGMadison Aggregate Bond ETFExpense ratio 0.36%1 year return −0.2%
- CTPLSThornburg Core Plus Bond ETFExpense ratio 0.45%1 year return 0.0%