Advertisement
Skip to Content
Morningstar

Western Asset Mortgage Total Ret C1 SGSLX

Morningstar Analyst Rating
Analyst rating as of
  • NAV / 1-Day Return 8.61  /  0.02 %
  • Total Assets 539.5 Mil
  • Adj. Expense Ratio
    1.570%
  • Expense Ratio 1.760%
  • 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 Closed
  • TTM Yield 2.73%
  • Effective Duration 7.06 years

USD | NAV as of Jan 28, 2023 | 1-Day Return as of Jan 28, 2023, 1:16 AM GMT+00:00

Morningstar’s Analysis SGSLX

Will SGSLX 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 SGSLX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the SGSLX 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 SGSLX’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.

Unlock our full analysis with Morningstar Investor