Western Asset Mortgage Backed Securities Fund Class B

 (MUTF:HGVSX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-0.18%  
1 week
   
-0.49%  
4 week   +0.46%
   
3 month   +1.24%
   
YTD   +5.00%
   
1 year   +3.60%
   
3 years*   +4.48%
   
5 years*   +5.56%
   
*annualized
Best 3 month return+4.85%  
Worst 3 month return-3.62%  

Morningstar statistics

Morningstar category: Intermediate-Term Bond
  Return Risk Rating
3 years Average Below Average
5 years Above Average Below Average
10 years Average Low
Overall Average Below Average

Key statistics

Total assets856.38M 
Front load-  
Deferred load4.50%  
Expense ratio1.68%  
Management fee-  
Fund familyLegg Mason 

Asset allocation

Cash16.42%  
Stocks2.59%  
Bonds80.97%  
Other0.02%  

Purchase information

Initial$1,000  
Additional$50  
IRA Initial$250  
AIP Initial$50  
AIP Additional$50  
10.98+0.01(0.09%)
Oct 24, 4:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks high current return. The fund normally invests at least 80% of its assets in mortgage-backed securities. Mortgage-backed securities may be issued by government-sponsored entities such as the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) and by agencies of the U.S. government, such as the Government National Mortgage Association (Ginnie Mae). It may invest in government stripped mortgage-backed securities and other stripped securities. The fund may invest in securities of any maturity or duration, and the securities may have fixed, floating or variable rates.
Fund filings (PDF) »
Asset managers:
Anup Agarwal (Started: Sep 30, 2013)
Bonnie Wongtrakool (Started: Sep 30, 2013)
S. Leech (Started: Mar 31, 2014)
Advisor Company:
Legg Mason Partners Fund Advisor, LLC
Fund family reports on Morningstar »
Legg Mason/Western, 100 International Drive, Baltimore, MD 21202, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* 1.30 3.45 3.50 1.18
Beta* 0.64 0.25 0.48 0.56
Mean annual return 0.32 0.34 0.46 0.37
R-squared* 68.20 9.05 29.26 44.65
Standard deviation 1.99 2.25 2.53 2.64
Sharpe ratio 1.89 1.80 2.15 1.04
* Against standard index

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