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Western performance

 
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Western Asset Short

Fund@NASDAQ Stock Exchange 
United States USD
     
Use Western Asset Short Duration Muni Inc I performance together with your other fund asset holdings to protect against small markets fluctuations as well as to check it against diversification policy that fits your risk preferences.  Optimize Portfolio
Investment horizon: 
  30 Days    Login   to change

Relative Risk vs. Return Landscape

If you would invest  519  in Western Asset Short Duration Muni Inc I on April 19, 2013 and sell it today you would lose (1.00) from holding Western Asset Short Duration Muni Inc I or give up 0.19% of portfolio value over 30 days. Western Asset Short Duration Muni Inc I is currently producing negative expected returns and takes up 0.05% volatility of returns over 30 trading days. Put another way, 0% of traded equities are less volatile than the company and 99% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
Daily Expected Return (%)
 
Risk [Daily Volatility] (%)
Assuming 30 trading days horizon, Western Asset Short Duration Muni Inc I is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 11.0 times less risky than the market. the firm trades about -0.2 of its potential returns per unit of risk. The S&P 500 is currently generating roughly 0.6 of returns per unit of risk over similar time horizon.

Western Realized Returns

Western Annual Yield vs Year to Date Return

Western Asset Short Duration Muni Inc I is rated fourth largest fund in annual yield among similar funds. It is rated fourth largest fund in year to date return among similar funds creating about  0.26  of Year to Date Return per Annual Yield. The ratio of Annual Yield to Year to Date Return for Western Asset Short Duration Muni Inc I is roughly  3.78 
Western
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Western Asset Short Duration Muni Inc I has generated negative risk-adjusted returns adding no value to investors with long positions.
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1 Month Efficiency (a.k Sharpe Ratio) ...

-0.27

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Estimated Market Risk

 0.05
  actual daily
 
 1 %
of total potential
 
Market Risk score

Expected Return

 -0.01
  actual daily
 
 1 %
of total potential
 
Expected Return score

Risk-Adjusted Return

 -0.27
  actual daily
 
 1 %
of total potential
 
Risk-Adjusted Return score
Based on monthly moving average Western is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Western by adding it to a well-diversified portfolio.
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