The Western Asset Inflation Indexed Plus Bond Fund Class A (WAFAX) is a mutual fund that focuses on providing investors with a way to protect their investments against inflation. This fund primarily invests in bonds that are indexed to inflation, meaning their returns are adjusted to keep pace with rising prices. This can help investors maintain the purchasing power of their money over time. Additionally, the fund may also invest in other fixed-income securities to provide diversification and potentially higher returns. Overall, WAFAX aims to provide a balance of inflation protection and income generation for investors.
WAFAX Mutual Fund Chart & Stats
Previous Close$9.49
Sub-CategoryReal Return and Inflation-Protected Bonds