Western Asset Mortgage Total Ret IS (LMBSX)
| Fund Assets | 359.68M |
| Expense Ratio | 0.57% |
| Min. Investment | $1,000 |
| Turnover | 233.00% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 5.17% |
| Dividend Growth | 5.61% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 8.44 |
| YTD Return | 3.45% |
| 1-Year Return | 2.61% |
| 5-Year Return | -3.40% |
| 52-Week Low | 8.09 |
| 52-Week High | 8.52 |
| Beta (5Y) | n/a |
| Holdings | 501 |
| Inception Date | Jun 30, 2016 |
About LMBSX
Western Asset Mortgage Total Return Fund Class IS is a mutual fund focused on generating a high level of current income by investing primarily in mortgage-related securities. The fund’s portfolio is structured to hold at least 80% of its assets in mortgage-backed securities, including those issued or guaranteed by the U.S. government, as well as non-agency and commercial mortgage-backed instruments. It targets securities rated investment grade, ensuring a minimum credit quality, and may also include positions in cash equivalents or other fixed-income assets for additional diversification and liquidity. With a sector emphasis on the securitized debt market, particularly mortgage-backed issues, the fund plays a significant role for investors seeking exposure to real estate-related fixed income while mitigating interest rate and credit risk through diversification and professional management. The fund distributes income monthly, which may attract those seeking regular cash flow. Overall, Western Asset Mortgage Total Return Fund Class IS occupies an important place in the broader bond fund category, serving institutional and individual investors seeking stable income from mortgage securities.
Performance
LMBSX had a total return of 2.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.81%.
Top 10 Holdings
30.49% of assets| Name | Symbol | Weight |
|---|---|---|
| Federal National Mortgage Association 2% | FN.FS8579 | 4.66% |
| Federal National Mortgage Association 3% | FNCL.3 9.11 | 4.43% |
| Federal National Mortgage Association 6% | FNCL.6 9.11 | 3.81% |
| Federal National Mortgage Association 4.5% | FNCL.4.5 9.11 | 3.34% |
| Federal National Mortgage Association 2.5% | FNCL.2.5 9.11 | 3.28% |
| Federal National Mortgage Association 5.5% | FNCL.5.5 9.11 | 3.16% |
| Federal National Mortgage Association 5% | FNCL.5 9.11 | 2.03% |
| Federal National Mortgage Association 2% | FNCL.2 9.13 | 1.99% |
| Government National Mortgage Association 5.5% | G2SF.5.5 9.11 | 1.90% |
| Federal Home Loan Mortgage Corp. 3% | FG.G67701 | 1.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.03683 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03808 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03699 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03364 | Jun 30, 2025 |
| May 30, 2025 | $0.03643 | May 30, 2025 |
| Apr 30, 2025 | $0.03629 | Apr 30, 2025 |