Performance
Trailing returns
| 1 day |
| -0.27% | |||
| 1 week |
| -0.40% | |||
| 4 week | +1.97% |
| |||
| 3 month | +2.71% |
| |||
| YTD | +3.66% |
| |||
| 1 year | +9.05% |
| |||
| 3 years* | +7.53% |
| |||
| 5 years* | +7.36% |
| |||
| *annualized | |||||
| Best 3 month return | +5.29% | |
| Worst 3 month return | -3.50% |
Morningstar statistics
Morningstar category: Intermediate Government
| Return | Risk | Rating | |
| 3 years | High | Average |
|
| 5 years | High | Below Average |
|
| 10 years | High | Average |
|
| Overall | High | Average |
|
Key statistics
| Total assets | 681.78M | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 0.67% | |
| Management fee | - | |
| Fund family | Legg Mason |
Asset allocation
| Cash | 50.16% | |
| Stocks | 0.00% | |
| Bonds | 51.62% | |
| Other | -1.79% |
Purchase information
| Initial | $1,000,000 | |
| IRA Initial | $1,000,000 | |
| AIP Initial | $1,000,000 |
11.20-0.03(-0.27%)
May 21, 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) »
Fund filings (PDF) »
Asset managers:
Stephen Fulton (Started: Nov 1, 2011)
Paul Jablansky (Started: May 1, 2012)
Stephen Walsh (Started: Mar 17, 2006)
Stephen Fulton (Started: Nov 1, 2011)
Paul Jablansky (Started: May 1, 2012)
Stephen Walsh (Started: Mar 17, 2006)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 7.46 | 5.51 | 4.54 | 1.26 | |
| Beta* | -0.10 | 0.31 | 0.41 | 0.70 | |
| Mean annual return | 0.60 | 0.61 | 0.58 | 0.44 | |
| R-squared* | 0.51 | 12.44 | 30.28 | 62.07 | |
| Standard deviation | 2.62 | 2.15 | 2.61 | 3.10 | |
| Sharpe ratio | 2.72 | 3.33 | 2.54 | 1.11 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Us 10yr Note (Cbt)jun13 Xcbt 20130619 | 32.94% | |
| 0wp253511 Irs Usd P F 1.45375 2 Vanilla | 11.24% | |
| 0wp253511 Irs Usd R V 03mlibor 1 Vanilla | 11.17% | |
| Us 2yr Note (Cbt) Jun13 Xcbt 20130628 | 9.80% | |
| 0wp234636 Irs Usd P F 1.92000 2 Vanilla | 7.56% | |
| 0wp252414 Trs Usd R F .00000 Usd-Fncl | 7.45% | |
| 0wp234636 Irs Usd R V 03mlibor 1 Vanilla | 7.43% | |
| 0wp252414 Trs Usd P F .10000 | 7.41% | |
| 0wp251770 Trs Usd P F .10000 | 5.19% | |
| 0wp251770 Trs Usd R F .00000 Usd-Fncl 3.5 | 5.18% |