Skip to Content
Morningstar

Western Asset Mortgage Total Ret C LWMSX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Franklin Templeton Investment Hub

Morningstar’s Analysis LWMSX

Will LWMSX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LWMSX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LWMSX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of LWMSX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Co-CIO Buchanan Named to Western Asset Mortgage Total Return; Ratings Unchanged

null Mike Mulach

Mike Mulach

Analyst Note

Western Asset named new co-CIO Mike Buchanan as a pro forma comanager on Western Asset Mortgage Total Return on March 1, 2024. At the same time, Western removed longtime pro forma comanager and current co-CIO Ken Leech from the fund. These changes don’t impact the day-to-day management of the fund or its Average People and Process ratings.

by Mike Mulach
Published on

Unlock our full analysis with Morningstar Investor