
July FOMC Recap—More Bark Than Bite?
July 30, 2026
The Fed held rates steady today as Chair Warsh’s tough talk on inflation failed to translate into action.
Western Asset is a globally integrated fixed income manager, sourcing ideas and investment solutions worldwide.
We believe that by dedicating all of our resources to active fixed income asset management, we can provide superior investment results and service to our clients. We believe that active, value-driven investing can add significantly to returns and reduce portfolio volatility over a market cycle.
We think and act on a global basis. Diversity of knowledge and experience from specialists located throughout our eight global investment centers meaningfully broadens our opportunity set and improves our ability to diversify portfolios.
We integrate risk management into our portfolio construction process, and independent risk managers continually monitor portfolio risk.
Each manager follows a well-defined investment process rooted in the discipline, rigor and experience gained over decades of successfully navigating global markets—and underpinned by robust risk management protocols at the portfolio and enterprise levels.
Seeks high current income while minimizing interest rate volatility exposure via short duration, high income debt, including floating-rate instruments. Uses the global breadth of Western Asset's investment platform, fundamental value-oriented investment philosophy and a process that combines top down macro economic views with bottom up fundamental research. Income investors seeking high current income and lower sensitivity to rising interest rates may find this fund appropriate.
The Western Asset Enhanced Cash SMA invests in short-term investment-grade securities with a maximum portfolio duration of two years or less and benchmark to a variety of short-term indexes, such as the Citi 90-Day Treasury Bill Index and the Bloomberg 1-3 Year Government Bond Index.
Western Asset Managed Municipals Portfolios consist of directly owned individual securities and shares of a no-fee mutual fund advised by Western Asset. The no-fee fund is used by Western Asset to achieve appropriate levels of diversification, as well as blend the attractive features of individually managed portfolios with the benefit of exposures to sectors that are normally difficult to include in a separately managed account with low minimum investment requirements.

July 30, 2026
The Fed held rates steady today as Chair Warsh’s tough talk on inflation failed to translate into action.

July 22, 2026
As the midterm elections approach, investors may want to consider how the prospect of divided government could affect the policy assumptions behind key investment themes.

July 21, 2026
Western Asset: The Muni Monthly covers performance, supply and demand technicals, fundamentals and valuations.

July 21, 2026
Western Asset: As US-Iran tensions expand across the region, drawing in additional countries and threatening key strategic waterways, geopolitical uncertainty is widening the range of possible outcomes for fixed-income markets.

July 16, 2026
The AI debate focuses on models, chips and market share. But the bigger story? Hundreds of billions in expected issuance across public and private markets, one of the largest financing waves credit markets have ever seen.
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Past performance is no guarantee of future results. Performance shown excludes sales charges, if any. Had sale charges been included, performance would be lower. The "% Change" column(s), indicate a change in the Net Asset Value (NAV) or Market Price from the previous business day. All investments involve risk, including loss of principal. Please see each product's web page for specific details regarding investment objective, risks, performance and other important information. Review this information carefully before you make any investment decision. Additional share classes and products may be available.
All investments involve risks, including possible loss of principal.
Past performance does not guarantee future results.
Please see each product’s webpage for specific details regarding investment objective, risks, performance and other important information. Review this information carefully before you make any investment decision.