Bringing you live news and features since 2006 

Legg Mason launches actively managed taxable fixed income ETF


Legg Mason has launched its first actively managed taxable fixed-income ETF, sub-advised by Western Asset Management Company, a Legg Mason affiliate and fixed-income manager.

The Western Asset Total Return ETF (WBND) seeks to maximise total return consistent with prudent investment management and liquidity needs.
“We are excited to launch the first fixed-income ETF in the Legg Mason line up,” says James W Hirschmann III, Chief Executive Officer of Western Asset Management. “Active managers can invest in a wider universe of securities than the benchmark, trade opportunistically as market conditions change, and provide risk and defensive management. This fund seeks to offer investors a core strategy with flexibility to take advantage of various taxable fixed-income maturities and sectors.  With our 45-year history of delivering for investors in all market conditions, we believe this fund has potential to deliver attractive total returns.”
The portfolio managers of the Western Asset Total Return ETF are Kenneth Leech, Mark S Lindbloom, Julien A Scholnick, Frederick R Marki and John L. Bellows. The performance of the fund is benchmarked against the Bloomberg Barclays US Aggregate Index. 

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Jigna Gibb, Bloomberg
Bloomberg Indices has recently hired Jigna Gibb as Head of Commodities and Crypto Index Products, to lead its commodities and...
Robert Minter, director of ETF investment strategy at abrdn takes a look at passive investing in commodities and shares his...
Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by