Western Asset Macro Opportunities Fund

Fund Profile

Fund profile

Tickers

LAAAX, LAACX, LAFIX, LAOIX, LAOSX

Fund manager

Western Asset Funds Inc

Total assets

$296.16 mm

Liabilities

$41.59 mm

Net assets

$254.57 mm

Number of holdings

305.00

Top 200 of 305 Holdings

As of Jul 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
Republic of Poland Government Bond	13.49 mm	68.55 mm principal	5.30	Debt	Long	Poland
Inter-American Development Bank	12.45 mm	1.03 bn principal	4.89	Debt	Long	N/A
Western Asset Premier Institutional Government Reserves	11.61 mm	11.61 mm shares	4.56	Short-term investment vehicle	Long	USA
Republic of South Africa Government Bond	9.71 mm	255.43 mm principal	3.82	Debt	Long	South Africa
Indonesia Treasury Bond	8.12 mm	134.57 bn principal	3.19	Debt	Long	Indonesia
Mexican Bonos	7.96 mm	181.96 mm principal	3.13	Debt	Long	Mexico
United States Treasury Note/Bond	6.50 mm	6.50 mm principal	2.55	Debt	Long	USA
Fannie Mae or Freddie Mac	6.37 mm	7.30 mm principal	2.50	ABS-mortgage backed security	Long	USA
Indonesia Treasury Bond	6.25 mm	95.86 bn principal	2.46	Debt	Long	Indonesia
European Bank for Reconstruction & Development	5.87 mm	484.70 mm principal	2.31	Debt	Long	N/A
United States Treasury Note/Bond	5.34 mm	5.20 mm principal	2.10	Debt	Long	USA
Mexican Bonos	4.96 mm	112.72 mm principal	1.95	Debt	Long	Mexico
C Citigroup Inc.	4.94 mm	4.97 mm principal	1.94	Debt	Long	USA
Teva Pharmaceutical Finance Netherlands III BV	4.88 mm	6.92 mm principal	1.92	Debt	Long	Netherlands
Fannie Mae or Freddie Mac	4.61 mm	4.60 mm principal	1.81	ABS-mortgage backed security	Long	USA
Elmwood CLO II Ltd	4.39 mm	6.25 mm principal	1.72	ABS-collateralized bond/debt obligation	Long	Cayman Islands
US TREASURY LONG BOND	3.82 mm	1.30 k contracts	1.50	Interest rate derivative	N/A	USA
Fannie Mae or Freddie Mac	3.65 mm	3.60 mm principal	1.43	ABS-mortgage backed security	Long	USA
Indonesia Treasury Bond	3.50 mm	56.58 bn principal	1.37	Debt	Long	Indonesia
OXY Occidental Petroleum Corporation	3.48 mm	4.45 mm principal	1.37	Debt	Long	USA
United States Treasury Note/Bond	3.44 mm	3.58 mm principal	1.35	Debt	Long	USA
AMZN Amazon.com, Inc.	3.42 mm	3.98 mm principal	1.35	Debt	Long	USA
ET Energy Transfer LP	3.40 mm	3.45 mm principal	1.33	Debt	Long	USA
BHC Bausch Health Companies Inc.	3.19 mm	6.03 mm principal	1.25	Debt	Long	Canada
IRS USD	3.05 mm	1.00 contracts	1.20	Interest rate derivative	N/A	USA
BlueMountain CLO XXIX Ltd	2.93 mm	3.00 mm principal	1.15	ABS-collateralized bond/debt obligation	Long	Cayman Islands
United States Treasury Note/Bond	2.69 mm	2.72 mm principal	1.06	Debt	Long	USA
BX Trust 2021-ARIA	2.51 mm	2.57 mm principal	0.99	ABS-mortgage backed security	Long	USA
BAC Bank of America Corporation	2.37 mm	2.40 mm principal	0.93	Debt	Long	USA
US 5 YEAR TREASURY NOTE	2.35 mm	1.54 k contracts	0.92	Interest rate derivative	N/A	USA
Brazil Notas do Tesouro Nacional Serie F	2.31 mm	13.55 mm principal	0.91	Debt	Long	Brazil
European Bank for Reconstruction & Development	2.27 mm	38.01 bn principal	0.89	Debt	Long	N/A
Ginnie Mae	2.21 mm	2.20 mm principal	0.87	ABS-mortgage backed security	Long	USA
Credit Agricole SA	2.17 mm	1.68 mm principal	0.85	Debt	Long	France
Highlands Holdings Bond Issuer Ltd / Highlands Holdings Bond Co-Issuer Inc	2.10 mm	2.07 mm principal	0.83	Debt	Long	N/A
Provincia de Buenos Aires/Government Bonds	2.09 mm	4.68 mm principal	0.82	Debt	Long	Argentina
CCL Carnival Corporation & plc	2.07 mm	1.90 mm principal	0.81	Debt	Long	Panama
US 2YR NOTE (CBT)	2.03 mm	1.69 k contracts	0.80	Interest rate derivative	N/A	USA
Ginnie Mae	2.02 mm	2.00 mm principal	0.79	ABS-mortgage backed security	Long	USA
Ivory Coast Government International Bond	1.97 mm	2.15 mm principal	0.78	Debt	Long	Côte d'Ivoire
Royal Caribbean Cruises Ltd	1.96 mm	1.97 mm principal	0.77	Debt	Long	Liberia
Western Midstream Partners LP	1.95 mm	2.13 mm principal	0.77	Debt	Long	USA
IRS USD	1.92 mm	1.00 contracts	0.75	Interest rate derivative	N/A	USA
Dryden 95 CLO Ltd	1.85 mm	3.42 mm principal	0.73	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Fannie Mae or Freddie Mac	1.85 mm	1.80 mm principal	0.73	ABS-mortgage backed security	Long	USA
United States Treasury Note/Bond	1.76 mm	2.00 mm principal	0.69	Debt	Long	USA
Enel Finance International NV	1.74 mm	1.68 mm principal	0.68	Debt	Long	Netherlands
Freddie Mac STACR Debt Notes 2015-HQ2	1.60 mm	1.52 mm principal	0.63	ABS-mortgage backed security	Long	USA
Israel Government International Bond	1.47 mm	1.50 mm principal	0.58	Debt	Long	Israel
SWN Southwestern Energy Company	1.46 mm	1.56 mm principal	0.57	Debt	Long	USA
Republic of Kenya Government International Bond	1.45 mm	1.60 mm principal	0.57	Debt	Long	Kenya
XPO CNW Inc	1.42 mm	1.35 mm principal	0.56	Debt	Long	USA
GS Mortgage Securities Corp Trust 2018-SRP5	1.41 mm	6.61 mm principal	0.55	ABS-mortgage backed security	Long	USA
HCA Inc	1.40 mm	1.25 mm principal	0.55	Debt	Long	USA
BX Trust 2018-GW MZ	1.38 mm	1.39 mm principal	0.54	ABS-mortgage backed security	Long	USA
ET Energy Transfer LP	1.36 mm	1.37 mm principal	0.54	Debt	Long	USA
Argentine Republic Government International Bond	1.32 mm	2.87 mm principal	0.52	Debt	Long	Argentina
WMB The Williams Companies, Inc.	1.32 mm	1.09 mm principal	0.52	Debt	Long	USA
Brazil Notas do Tesouro Nacional Serie F	1.30 mm	8.02 mm principal	0.51	Debt	Long	Brazil
Wynn Macau Ltd	1.30 mm	1.32 mm principal	0.51	Debt	Long	Cayman Islands
EC Ecopetrol S.A.	1.29 mm	1.30 mm principal	0.50	Debt	Long	Colombia
CHARTER COMMUNICATIONS OPER	1.25 mm	1.26 mm principal	0.49	Loan	Long	USA
SMB Private Education Loan Trust 2021-A	1.25 mm	1.42 mm principal	0.49	ABS-other	Long	USA
SCHYF Sands China Ltd.	1.20 mm	1.21 mm principal	0.47	Debt	Long	Cayman Islands
Bayview Financial Mortgage Pass-Through Trust 2006-C	1.20 mm	1.37 mm principal	0.47	ABS-mortgage backed security	Long	USA
Rockies Express Pipeline LLC	1.16 mm	1.18 mm principal	0.46	Debt	Long	USA
Impac Secured Assets Trust 2006-3	1.11 mm	1.34 mm principal	0.44	ABS-mortgage backed security	Long	USA
Credit Agricole SA	1.07 mm	1.05 mm principal	0.42	Debt	Long	France
Ginnie Mae	1.02 mm	1.00 mm principal	0.40	ABS-mortgage backed security	Long	USA
GS Mortgage Securities Corp Trust 2018-LUAU	1.02 mm	1.03 mm principal	0.40	ABS-mortgage backed security	Long	USA
Dominican Republic International Bond	1.01 mm	57.00 mm principal	0.40	Debt	Long	Dominican Republic
Argentine Republic Government International Bond	981.14 k	1.81 mm principal	0.39	Debt	Long	Argentina
F Ford Motor Company 6.500% Notes	971.92 k	960.00 k principal	0.38	Debt	Long	USA
Nigeria Government International Bond	950.81 k	1.08 mm principal	0.37	Debt	Long	Nigeria
OXY Occidental Petroleum Corporation	946.51 k	920.00 k principal	0.37	Debt	Long	USA
LONG GILT	944.73 k	336.00 contracts	0.37	Interest rate derivative	N/A	UK
Egypt Government International Bond	935.32 k	960.00 k principal	0.37	Debt	Long	Egypt
SFO Commercial Mortgage Trust 2021-555	899.21 k	1.00 mm principal	0.35	ABS-mortgage backed security	Long	USA
Prosus NV	889.89 k	1.29 mm principal	0.35	Debt	Long	Netherlands
SCHYF Sands China Ltd.	882.00 k	960.00 k principal	0.35	Debt	Long	Cayman Islands
WaMu Mortgage Pass-Through Certificates Series 2005-AR17 Trust	871.54 k	1.16 mm principal	0.34	ABS-mortgage backed security	Long	USA
Teva Pharmaceutical Finance Co LLC	851.91 k	856.00 k principal	0.33	Debt	Long	USA
OXY Occidental Petroleum Corporation	848.94 k	1.05 mm principal	0.33	Debt	Long	USA
Freddie Mac STACR REMIC Trust 2022-DNA3	847.30 k	780.00 k principal	0.33	ABS-mortgage backed security	Long	USA
Ginnie Mae	829.02 k	1.00 mm principal	0.33	ABS-mortgage backed security	Long	USA
EC Ecopetrol S.A.	816.41 k	820.00 k principal	0.32	Debt	Long	Colombia
Provincia de Cordoba	804.04 k	1.03 mm principal	0.32	Debt	Long	Argentina
Western Midstream Partners LP	803.13 k	890.00 k principal	0.32	Debt	Long	USA
Apache Corp	802.18 k	940.00 k principal	0.32	Debt	Long	USA
PAA Plains All American Pipeline, L.P.	801.66 k	800.00 k principal	0.31	Debt	Long	USA
CSC Holdings LLC	794.93 k	1.00 mm principal	0.31	Debt	Long	USA
Ginnie Mae	791.18 k	800.00 k principal	0.31	ABS-mortgage backed security	Long	USA
Egypt Treasury Bills	790.65 k	44.60 mm principal	0.31	Debt	Long	Egypt
AREIT 2021-CRE5 Trust	788.95 k	807.00 k principal	0.31	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Berry Petroleum Co LLC	772.76 k	780.00 k principal	0.30	Debt	Long	USA
Dominican Republic International Bond	754.70 k	870.00 k principal	0.30	Debt	Long	Dominican Republic
1011778 BC ULC	735.84 k	737.94 k principal	0.29	Loan	Long	Canada
Banco Mercantil del Norte SA/Grand Cayman	730.59 k	730.00 k principal	0.29	Debt	Long	Mexico
Dignity Health	720.68 k	760.00 k principal	0.28	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	717.02 k	824.12 k principal	0.28	Debt	Long	USA
United Airlines Inc	681.01 k	720.00 k principal	0.27	Debt	Long	USA
US ULTRA BOND CBT	670.45 k	190.00 contracts	0.26	Interest rate derivative	N/A	USA
MHC Trust 2021-MHC2	668.52 k	680.00 k principal	0.26	ABS-mortgage backed security	Long	USA
Angolan Government International Bond	664.53 k	700.00 k principal	0.26	Debt	Long	Angola
Bank of Nova Scotia/The	661.42 k	630.00 k principal	0.26	Debt	Long	Canada
HSBC HSBC Holdings plc	660.02 k	660.00 k principal	0.26	Debt	Long	UK
JAPAN YEN CURR	657.88 k	197.00 contracts	0.26	DFE	N/A	USA
VOC Escrow Ltd	654.32 k	670.00 k principal	0.26	Debt	Long	Bermuda
CCO Holdings LLC / CCO Holdings Capital Corp	640.48 k	810.00 k principal	0.25	Debt	Long	USA
LIFEPOINT HEALTH INC	632.40 k	628.22 k principal	0.25	Loan	Long	USA
Benchmark 2020-IG3 Mortgage Trust	630.40 k	1.19 mm principal	0.25	ABS-mortgage backed security	Long	USA
Petrobras Global Finance BV	620.06 k	670.00 k principal	0.24	Debt	Long	Netherlands
ILFC E-Capital Trust I	616.10 k	740.00 k principal	0.24	Debt	Long	USA
YPF YPF Sociedad Anónima	608.93 k	610.00 k principal	0.24	Debt	Long	Argentina
Plains All American Pipeline LP / PAA Finance Corp	603.47 k	560.00 k principal	0.24	Debt	Long	USA
GTCR W MERGER SUB	602.21 k	600.00 k principal	0.24	Loan	Long	USA
Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC	586.84 k	690.00 k principal	0.23	Debt	Long	N/A
Turkiye Government Bond	582.66 k	27.14 mm principal	0.23	Debt	Long	Turkey
USD/MXN FORWARD J.P. MORGAN SECURITIES LLC	582.23 k	1.00 contracts	0.23	DFE	N/A	USA
Ivory Coast Government International Bond	578.91 k	650.00 k principal	0.23	Debt	Long	Côte d'Ivoire
Vmed O2 UK Financing I PLC	576.11 k	670.00 k principal	0.23	Debt	Long	UK
OXY Occidental Petroleum Corporation	575.47 k	540.00 k principal	0.23	Debt	Long	USA
Provincia de Cordoba	572.00 k	650.00 k principal	0.22	Debt	Long	Argentina
IRS BRL	571.84 k	1.00 contracts	0.22	Interest rate derivative	N/A	France
Fannie Mae or Freddie Mac	562.34 k	600.00 k principal	0.22	ABS-mortgage backed security	Long	USA
SCHYF Sands China Ltd.	555.93 k	630.00 k principal	0.22	Debt	Long	Cayman Islands
Ginnie Mae	551.66 k	600.00 k principal	0.22	ABS-mortgage backed security	Long	USA
UBS Group AG	545.61 k	500.00 k principal	0.21	Debt	Long	Switzerland
Asurion LLC	540.20 k	541.61 k principal	0.21	Loan	Long	USA
3 MONTH SOFR	534.01 k	358.00 contracts	0.21	Interest rate derivative	N/A	USA
Apache Corp	531.91 k	610.00 k principal	0.21	Debt	Long	USA
BAC Capital Trust XIV	518.32 k	610.00 k principal	0.20	Debt	Long	USA
WFC Wells Fargo & Company	496.20 k	497.00 k principal	0.19	Debt	Long	USA
Freddie Mac STACR REMIC Trust 2021-DNA1	489.32 k	460.00 k principal	0.19	ABS-mortgage backed security	Long	USA
Western Midstream Partners LP	484.49 k	550.00 k principal	0.19	Debt	Long	USA
Connecticut Avenue Securities Trust 2023-R06	470.70 k	450.00 k principal	0.18	ABS-mortgage backed security	Long	USA
OXY Occidental Petroleum Corporation	458.67 k	604.00 k principal	0.18	Debt	Long	USA
JAPAN YEN CURRENCY 9AM	441.00 k	90.00 contracts	0.17	DFE	N/A	USA
Energy Transfer LP	428.01 k	400.00 k principal	0.17	Debt	Long	USA
Altice France SA	425.24 k	580.00 k principal	0.17	Debt	Long	France
Apache Corp	419.05 k	410.00 k principal	0.16	Debt	Long	USA
Fannie Mae or Freddie Mac	402.32 k	500.00 k principal	0.16	ABS-mortgage backed security	Long	USA
EURO-BUXL 30Y BND	397.09 k	59.00 contracts	0.16	Interest rate derivative	N/A	Germany
Devon Energy Corp	396.40 k	340.00 k principal	0.16	Debt	Long	USA
FM First Quantum Minerals Ltd	393.63 k	400.00 k principal	0.15	Debt	Long	Canada
Morongo Band of Mission Indians/The	389.62 k	360.00 k principal	0.15	Debt	Long	USA
FLUTTER FINANCING BV	389.10 k	388.05 k principal	0.15	Loan	Long	Netherlands
Ivory Coast Government International Bond	374.06 k	420.00 k principal	0.15	Debt	Long	Côte d'Ivoire
AUY Yamana Gold Inc.	373.11 k	380.00 k principal	0.15	Debt	Long	Canada
Morgan Stanley Capital I Trust 2021-L7	360.52 k	7.20 mm principal	0.14	ABS-mortgage backed security	Long	USA
Angolan Government International Bond	358.76 k	400.00 k principal	0.14	Debt	Long	Angola
3MTH SONIA	349.86 k	654.00 contracts	0.14	Interest rate derivative	N/A	UK
Virgin Media Bristol LLC	347.58 k	360.00 k principal	0.14	Loan	Long	USA
United Rentals North America Inc	342.03 k	340.00 k principal	0.13	Debt	Long	USA
Fannie Mae or Freddie Mac	335.47 k	400.00 k principal	0.13	ABS-mortgage backed security	Long	USA
ET Energy Transfer LP	324.78 k	325.00 k principal	0.13	Debt	Long	USA
JANE STREET GROUP LLC	323.45 k	322.37 k principal	0.13	Loan	Long	USA
CREDIT SUISSE ESCROW CL	318.30 k	10.61 mm principal	0.13	Debt	Long	USA
BNP Paribas SA	309.02 k	300.00 k principal	0.12	Debt	Long	France
UBS Group AG	288.51 k	280.00 k principal	0.11	Debt	Long	Switzerland
UBS Group AG	283.54 k	250.00 k principal	0.11	Debt	Long	Switzerland
Ginnie Mae	283.38 k	300.00 k principal	0.11	ABS-mortgage backed security	Long	USA
10 YEAR U.S. TREASURY NOTE	281.73 k	247.00 contracts	0.11	Interest rate derivative	N/A	USA
URI United Rentals, Inc.	280.39 k	310.00 k principal	0.11	Debt	Long	USA
ALTERRA MOUNTAIN CO	277.78 k	276.31 k principal	0.11	Loan	Long	USA
PHOENIX GUARANTOR INC	267.19 k	266.79 k principal	0.10	Loan	Long	USA
BHC Bausch Health Companies Inc.	256.32 k	470.00 k principal	0.10	Debt	Long	Canada
Devon Energy Corp	254.38 k	220.00 k principal	0.10	Debt	Long	USA
Provincia de Buenos Aires/Government Bonds	244.78 k	549.75 k principal	0.10	Debt	Long	Argentina
Jamaica Government International Bond	241.96 k	35.50 mm principal	0.10	Debt	Long	Jamaica
CSC Holdings LLC	221.88 k	320.00 k principal	0.09	Debt	Long	USA
Toronto-Dominion Bank/The	219.47 k	210.00 k principal	0.09	Debt	Long	Canada
JAPAN YEN CURRENCY 9AM	219.00 k	60.00 contracts	0.09	DFE	N/A	USA
JAPAN 10Y BOND(OSE)	218.86 k	-79.00 contracts	0.09	Interest rate derivative	N/A	Japan
IRS USD	215.33 k	1.00 contracts	0.08	Interest rate derivative	N/A	USA
BNPQY BNP Paribas SA	215.09 k	200.00 k principal	0.08	Debt	Long	France
FM First Quantum Minerals Ltd	210.60 k	200.00 k principal	0.08	Debt	Long	Canada
Apache Corp	210.35 k	190.00 k principal	0.08	Debt	Long	USA
10 YEAR U.S. TREASURY NOTE	209.88 k	184.00 contracts	0.08	Interest rate derivative	N/A	USA
Intesa Sanpaolo SpA	209.84 k	210.00 k principal	0.08	Debt	Long	Italy
Uruguay Government International Bond	205.31 k	7.87 mm principal	0.08	Debt	Long	Uruguay
CLR Continental Resources Inc (OKLA)	202.88 k	240.00 k principal	0.08	Debt	Long	USA
BNPQY BNP Paribas SA	201.00 k	200.00 k principal	0.08	Debt	Long	France
DISH DBS Corp	200.22 k	240.00 k principal	0.08	Debt	Long	USA
Spectrum Management Holding Company, LLC	198.22 k	190.00 k principal	0.08	Debt	Long	USA
Ivory Coast Government International Bond	195.04 k	207.85 k principal	0.08	Debt	Long	Côte d'Ivoire
U.S. TREASURY BOND	189.00 k	126.00 contracts	0.07	Interest rate derivative	N/A	USA
JAPAN YEN CURRENCY 9AM	182.25 k	60.00 contracts	0.07	DFE	N/A	USA
Ford Motor Credit Co LLC	179.36 k	200.00 k principal	0.07	Debt	Long	USA
AUDUSD CRNCY	178.77 k	-106.00 contracts	0.07	DFE	N/A	USA
DISH DBS Corp	176.31 k	420.00 k principal	0.07	Debt	Long	USA
Altice Financing SA	167.23 k	220.00 k principal	0.07	Debt	Long	Luxembourg
10 YEAR U.S. TREASURY NOTE	155.69 k	188.00 contracts	0.06	Interest rate derivative	N/A	USA
THREE-MONTH SOFR	152.95 k	266.00 contracts	0.06	Interest rate derivative	N/A	USA
Petrobras Global Finance BV	150.74 k	150.00 k principal	0.06	Debt	Long	Netherlands
Aegis Asset Backed Sec Corp Mort Pass Thr Certs Series 2003-3	147.88 k	157.93 k principal	0.06	ABS-mortgage backed security	Long	USA
PCG+A Pacific Gas & Electric Co.	146.30 k	200.00 k principal	0.06	Debt	Long	USA
American Airlines Inc	144.22 k	140.00 k principal	0.06	Debt	Long	USA
OXY Occidental Petroleum Corporation	143.32 k	180.00 k principal	0.06	Debt	Long	USA
Residential Asset Securitization Trust 2005-A15	137.79 k	1.67 mm principal	0.05	ABS-mortgage backed security	Long	USA