Legg Mason Launches Actively Managed Taxable Fixed-Income ETF
This article was originally published on ETFTrends.com.
Legg Mason launched its first actively managed taxable fixed-income ETF on Thursday, sub-advised by Western Asset Management Company, LLC, a Legg Mason affiliate and globally integrated fixed-income manager. The Western Asset Total Return ETF (Nasdaq: WBND) seeks to maximize total return consistent with prudent investment management and liquidity needs. Western Asset Management CEO James W. [...]