FYI: Legg Mason Inc. on Thursday launched the Western Asset Total Return ETF (WBND), its first actively managed taxable fixed-income exchange-traded fund.
According to the prospectus, the fund can invest in a range of debt instruments including corporate and U.S. government bonds, asset- and mortgage-backed securities, collateralized debt obligations and mortgage dollar rolls. It can also invest in non-U.S. issuers.
Regards,
Ted
https://www.fa-mag.com/news/legg-mason-debuts-total-return-bond-etf-41209.html?print
