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 C1 SGSLX
- NAV / 1-Day Return 8.22 / +0.39 %
- Total Assets 404.4 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.750%
- 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 Closed
- TTM Yield 4.10%
- Effective Duration 5.90 years
USD | NAV as of Jul 27, 2024 | 1-Day Return as of Jul 27, 2024, 1:16 AM GMT+0
Morningstar’s Analysis SGSLX
Will SGSLX 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 30.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Federal National Mortgage Association 2.5% | 4.92 | 19.8 Mil | Securitized |
Federal National Mortgage Association 6% | 4.23 | 17.0 Mil | Securitized |
Federal National Mortgage Association 5.5% | 4.18 | 16.9 Mil | Securitized |
Federal Home Loan Mortgage Corp. 3% | 3.39 | 13.7 Mil | Securitized |
Federal National Mortgage Association 3% | 2.98 | 12.0 Mil | Securitized |
Federal National Mortgage Association 6.5% | 2.63 | 10.6 Mil | Securitized |
Government National Mortgage Association 2% | 2.53 | 10.2 Mil | Securitized |
Federal National Mortgage Association 2% | 1.96 | 7.9 Mil | Securitized |
Government National Mortgage Association 6% | 1.72 | 6.9 Mil | Securitized |
REDWOOD FUNDING TRUST 4.968% | 1.54 | 6.2 Mil | Cash and Equivalents |