WIW
Western Asset/Claymore Inflation-Linked Opportunities & Income Fund
|
DURATION
as of 10/31/09
| Effective Duration (in years) |
|
|
Effective Duration
|
7.52
|
Effective duration is the standard measurement of sensitivity of a bond's price to change in interest rates. Effective duration is expressed in years. When interest rates are rising, the price of bonds is declining. Conversely, when interest rates are declining, the price of bonds is increasing. The effective duration is the approximate percentage that the value of the bond will increase or decrease for a 1% change in interest rates. For example, a portfolio with an effective duration of 7 years would fall approximately 7% in value if interest rates increased by 1%. Due to the effect of inflation on TIPS, the effective duration of a portfolio with substantial TIPS holdings will measure only the approximate change in the value of the portfolio for a 1% change in interest rates. Therefore, effective duration should only be used as an estimate of the anticipated behavior of the Fund’s NAV given a change in interest rates.
This data is subject to change on a daily basis.
|
|
PORTFOLIO CONCENTRATION
as of 10/31/09
| Asset Class |
% |
|
U.S. TIPS
|
80.09 %
|
|
High Yield Corporate
|
6.03 %
|
|
Non US TIPS
|
2.97 %
|
|
Investment Grade Corporate
|
2.29 %
|
|
Mortgage Backed
|
1.95 %
|
|
Asset Backed Securities
|
0.33 %
|
|
Other
|
6.34 %
|
This data is subject to change on a daily basis.
|
|
TOP 10 HOLDINGS
as of 10/31/09
| Name |
% |
|
U.S. TIPS, 2% 1/15/2026
|
18.73 %
|
|
U.S. TIPS, 2.375% 4/15/2011
|
8.72 %
|
|
U.S. TIPS, 1.875% 7/15/2013
|
8.04 %
|
|
U.S. TIPS, 3% 7/15/2012
|
6.58 %
|
|
U.S. TIPS, 2%, 1/15/2016
|
6.18 %
|
|
U.S. TIPS, 1.625%, 1/15/2015
|
4.90 %
|
|
U.S. TIPS, 1.625%, 1/15/2018
|
4.46 %
|
|
U.S. TIPS, 1.750%, 1/15/2028
|
3.69 %
|
|
U.S. TIPS, 1.375%, 7/15/2018
|
3.49 %
|
|
U.S. TIPS, 3.875%, 4/15/2029
|
3.14 %
|
This data is subject to change on a daily basis.
|
|
CREDIT QUALITY
as of 10/31/09
| Standard & Poor's Ratings |
% |
|
AAA
|
90.47 %
|
|
AA
|
0.30 %
|
|
A
|
0.62 %
|
|
BBB
|
1.83 %
|
|
BB
|
3.51 %
|
|
B
|
2.20 %
|
|
Below B
|
1.07 %
|
Bonds with a credit rating of BB or lower are considered below investment grade. "Non-Rated" are securities that do not have a rating from S&P, Moody's or Fitch.
This data is subject to change on a daily basis.
|
|
|
|
|
Investors should carefully consider the investment objectives and policies, risk considerations, charges and ongoing expenses of any investment
product before investing. For more information, please contact a securities representative or Claymore Securities, Inc., 2455 Corporate West Drive,
Lisle, Illinois 60532, 800-345-7999.
NOT FDIC-INSURED | NOT BANK-GUARANTEED | MAY LOSE VALUE
|
|