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Morningstar

Western Asset Mortgage Total Ret C LWMSX

Morningstar Analyst Rating
Analyst rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 8.54  /  0.92 %
  • Total Assets 543.4 Mil
  • Adj. Expense Ratio
    1.610%
  • Expense Ratio 1.630%
  • Distribution Fee Level High
  • Share Class Type Level Load
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.15%
  • Effective Duration 7.06 years

USD | NAV as of Feb 07, 2023 | 1-Day Return as of Feb 07, 2023, 1:18 AM GMT+00:00

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.

Management is still settling in.

Senior Analyst

Summary

| by Mike Mulach

Western Asset Mortgage Total Return’s team is experienced, but it's lean and has had a bout of turnover. It earns a Morningstar Analyst Rating of Neutral on its cheaper share classes, while its most expensive ones are rated Negative.

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