Western Asset Mortgage Total Ret C1 (SGSLX)
| Fund Assets | 328.10M |
| Expense Ratio | 1.75% |
| Min. Investment | $1,000 |
| Turnover | 198.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 4.29% |
| Dividend Growth | 8.99% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 8.24 |
| YTD Return | 0.35% |
| 1-Year Return | 4.11% |
| 5-Year Return | -5.66% |
| 52-Week Low | 8.16 |
| 52-Week High | 8.47 |
| Beta (5Y) | 0.06 |
| Holdings | 429 |
| 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 4.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.60%.
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 | 0.81% |
| FMSCX | Fidelity | Fidelity Advisor Mortgage Securities I | 0.60% |
| FIKUX | Fidelity | Fidelity Advisor Mortgage Securities Z | 0.36% |
| FMSAX | Fidelity | Fidelity Advisor Mortgage Securities M | 0.81% |
| FMSFX | Fidelity | Fidelity Mortgage Securities Fund | 0.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.02953 | Jun 30, 2026 |
| May 29, 2026 | $0.03106 | May 29, 2026 |
| Apr 30, 2026 | $0.03076 | Apr 30, 2026 |
| Mar 31, 2026 | $0.02987 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02788 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02887 | Jan 30, 2026 |