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.
Western Asset Mortgage Total Ret C LWMSX
- NAV / 1-Day Return 7.97 / −0.36 %
- Total Assets 402.2 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.620%
- Distribution Fee Level High
- Share Class Type Level Load
- Category Intermediate Core-Plus Bond
- Credit Quality / Interest Rate Sensitivity High/Moderate
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 3.85%
- Effective Duration 6.30 years
USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 1:21 AM GMT+0
Morningstar’s Analysis LWMSX
Will LWMSX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 25.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Government National Mortgage Association 5% | 4.10 | 17.1 Mil | Securitized |
Federal Home Loan Mortgage Corp. 3% | 3.38 | 14.1 Mil | Securitized |
Government National Mortgage Association 2.5% | 3.37 | 14.1 Mil | Securitized |
Federal National Mortgage Association 5.5% | 3.10 | 12.9 Mil | Securitized |
Government National Mortgage Association 2% | 2.79 | 11.6 Mil | Securitized |
Federal National Mortgage Association 5% | 2.32 | 9.7 Mil | Securitized |
Federal National Mortgage Association 6% | 1.86 | 7.8 Mil | Securitized |
Government National Mortgage Association 5.5% | 1.80 | 7.5 Mil | Securitized |
Government National Mortgage Association 4.5% | 1.64 | 6.8 Mil | Securitized |
REDWOOD FUNDING TRUST 4.968% | 1.47 | 6.1 Mil | Securitized |