The fund secures Beta (Market Risk) of 0.0503 which conveys that as returns on market increase, Legg Mason returns are expected to increase less than the market. However during bear market, the loss on holding Legg Mason will be expected to be smaller as well. Although it is extremely important to respect Legg Mason WA price patterns
, it is better to be realistic regarding the information on equity historical price patterns
. The philosophy towards estimating future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By analyzing Legg Mason WA technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Risk-Adjusted Fund Performance
Over the last 30 days Legg Mason WA US High Yield C has generated negative risk-adjusted returns adding no value to fund investors. Despite somewhat strong basic indicators, Legg Mason is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
|Fifty Two Week Low||72.1800|
|Fifty Two Week High||72.4400|
|Annual Report Expense Ratio||1.94%|