Western Asset Mortgage Total Ret C1 (SGSLX)
| Fund Assets | 359.68M |
| Expense Ratio | 1.75% |
| Min. Investment | $1,000 |
| Turnover | 233.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 4.05% |
| Dividend Growth | 2.50% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 8.36 |
| YTD Return | 3.40% |
| 1-Year Return | 3.75% |
| 5-Year Return | -8.10% |
| 52-Week Low | 8.02 |
| 52-Week High | 8.45 |
| Beta (5Y) | n/a |
| Holdings | 501 |
| Inception Date | Feb 4, 1993 |
About SGSLX
Western Asset Mortgage Total Return Fund Class C1 is a mutual fund focused on providing investors with both capital preservation and the potential for capital appreciation. The fund primarily invests in a diversified portfolio of U.S. mortgage-backed securities, making it particularly exposed to the mortgage and broader fixed-income markets. Its core strategy involves managing a mix of government and agency mortgage bonds, and it may also include other mortgage-related investments to diversify risk and optimize returns. The fund typically appeals to those seeking exposure to the U.S. housing finance sector and the stability often associated with asset-backed securities. With a noted emphasis on total return, the fund is structured to balance income generation with risk management within the mortgage bond landscape, utilizing the expertise of Western Asset’s active fixed-income management. It plays a significant role for investors looking for a specialized approach to navigating interest rate and credit cycles through mortgage-market allocations.
Performance
SGSLX had a total return of 3.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.54%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FMGAX | Fidelity | Fidelity Advisor Mortgage Securities A | 0.80% |
| FMSCX | Fidelity | Fidelity Advisor Mortgage Securities I | 0.57% |
| FIKUX | Fidelity | Fidelity Advisor Mortgage Securities Z | 0.36% |
| FMSAX | Fidelity | Fidelity Advisor Mortgage Securities M | 0.80% |
| FMSFX | Fidelity | Fidelity Mortgage Securities | 0.44% |
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 | $0.02875 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02929 | Aug 29, 2025 |
| Jul 31, 2025 | $0.0285 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02569 | Jun 30, 2025 |
| May 30, 2025 | $0.02772 | May 30, 2025 |
| Apr 30, 2025 | $0.02814 | Apr 30, 2025 |