Western Asset Mortgage Total Return Fund (LWMSX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.45
-0.02 (-0.24%)
Sep 12, 2025, 4:00 PM EDT
-0.24%
Fund Assets360.72M
Expense Ratio1.63%
Min. Investment$1,000
Turnover233.00%
Dividend (ttm)0.34
Dividend Yield4.06%
Dividend Growth3.88%
Payout FrequencyMonthly
Ex-Dividend DateAug 29, 2025
Previous Close8.47
YTD Return4.14%
1-Year Return0.91%
5-Year Return-6.05%
52-Week Low8.05
52-Week High8.56
Beta (5Y)n/a
Holdings501
Inception DateAug 1, 2012

About LWMSX

Western Asset Mortgage Total Return Fund Class C is a mutual fund designed to provide investors with a high current return through a diversified portfolio, concentrating primarily on mortgage-backed securities. The fund allocates a significant portion—no less than 80%—of its total assets to investment-grade securities, including agency and non-agency mortgage-backed securities as well as commercial mortgage-backed securities. It utilizes a combination of top-down macroeconomic analysis and bottom-up fundamental research to manage its holdings, benefiting from the extensive global investment resources of Western Asset Management Company. This fund is classified under the intermediate-term core-plus bond category, allowing it flexibility to diversify into non-core sectors, such as high-yield, bank loans, and emerging market debts, though its focus remains on securitized debt. The fund’s structure seeks to offer investors diversification away from traditional corporate credit markets, making it a notable option for those seeking exposure to the U.S. mortgage and securitized debt markets. Credit quality allocations are predominantly in the highest-rated securities, with a notable proportion in AAA-rated issues, which emphasizes risk management and preservation of capital.

Fund Family Franklin Templeton Investments
Category Intermediate Core-Plus Bond
Stock Exchange NASDAQ
Ticker Symbol LWMSX
Share Class Class C
Index Bloomberg US MBS TR

Performance

LWMSX had a total return of 0.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.02%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FMGAXFidelityFidelity Advisor Mortgage Securities A0.80%
FMSCXFidelityFidelity Advisor Mortgage Securities I0.57%
FIKUXFidelityFidelity Advisor Mortgage Securities Z0.36%
FMSAXFidelityFidelity Advisor Mortgage Securities M0.80%
FMSFXFidelityFidelity Mortgage Securities0.44%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
LMBSXClass Is0.57%
SGSYXClass I0.66%
SGVSXClass 10.72%
SGVAXClass A0.98%

Top 10 Holdings

32.01% of assets
NameSymbolWeight
Federal National Mortgage Association 2.5%FNCL.2.5 8.115.34%
Federal National Mortgage Association 2%FN.FS85794.66%
Federal National Mortgage Association 6%FNCL.6 8.114.48%
Federal National Mortgage Association 5.5%FNCL.5.5 8.113.75%
Federal National Mortgage Association 3%FNCL.3 8.113.52%
Government National Mortgage Association 5.5%G2SF.5.5 8.112.40%
Federal National Mortgage Association 2%FNCL.2 8.132.17%
Government National Mortgage Association 6%G2SF.6 8.111.93%
Federal Home Loan Mortgage Corp. 3%FG.G677011.89%
Federal National Mortgage Association 4.5%FNCL.4.5 8.111.88%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Aug 29, 2025$0.03012Aug 29, 2025
Jul 31, 2025$0.02934Jul 31, 2025
Jun 30, 2025$0.02647Jun 30, 2025
May 30, 2025$0.02857May 30, 2025
Apr 30, 2025$0.02887Apr 30, 2025
Mar 31, 2025$0.02714Mar 31, 2025
Full Dividend History