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Article: Legg Mason Launches the Legg Mason Core Bond Fund; Managed by Fixed-Income Specialist Western Asset Management Company.
- Article from:
- PR Newswire
- Article date:
- March 1, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Legg Mason Wood Walker, Inc., distributor of the Legg Mason Funds, announces the launch of the Legg Mason Core Bond Fund, managed by Western Asset Management Company. Both Legg Mason Wood Walker, Inc. and Western Asset Management Company are wholly owned subsidiaries of Legg Mason, Inc. . This taxable, domestic bond fund offering is the newest member of the Legg Mason Funds, a proprietary mutual fund family offered to U.S. investors, and will enable clients to further diversify their investment portfolios.
The Legg Mason Core Bond Fund (LMCBZ), which is modeled after the Western Asset Core Bond Portfolio, currently invests in securities rated investment grade ...