Western Asset Mortgage Total Ret A (SGVAX)
| Fund Assets | 360.72M |
| Expense Ratio | 0.98% |
| Min. Investment | $1,000 |
| Turnover | 233.00% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 4.51% |
| Dividend Growth | 3.09% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 8.47 |
| YTD Return | 4.26% |
| 1-Year Return | 1.33% |
| 5-Year Return | -4.03% |
| 52-Week Low | 8.05 |
| 52-Week High | 8.56 |
| Beta (5Y) | n/a |
| Holdings | 501 |
| Inception Date | Nov 6, 1992 |
About SGVAX
Western Asset Mortgage Total Return Fund Class A is a mutual fund that pursues a high current return by primarily investing in mortgage-backed securities. The fund commits at least 80% of its assets to investment grade securities, including agency and non-agency residential mortgage-backed securities, commercial mortgage-backed securities, and other securitized debt. By leveraging Western Asset’s global investment platform and combining top-down macroeconomic analysis with bottom-up research, this fund aims to deliver diversified exposure to the mortgage sector. Its portfolio is mostly concentrated in securities from government-sponsored entities such as FNMA (Fannie Mae), GNMA (Ginnie Mae), and FHLMC (Freddie Mac), with additional allocations to asset-backed and commercial mortgage-backed securities. The fund appeals to investors seeking diversification beyond traditional corporate credit markets and is structured to balance risk and return within the income-focused segment of the fixed-income market. As part of the Franklin Templeton group, the fund is managed under strict investment discipline and risk controls, with an emphasis on credit quality and income consistency.
Performance
SGVAX had a total return of 1.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.37%.
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
32.01% of assets| Name | Symbol | Weight |
|---|---|---|
| Federal National Mortgage Association 2.5% | FNCL.2.5 8.11 | 5.34% |
| Federal National Mortgage Association 2% | FN.FS8579 | 4.66% |
| Federal National Mortgage Association 6% | FNCL.6 8.11 | 4.48% |
| Federal National Mortgage Association 5.5% | FNCL.5.5 8.11 | 3.75% |
| Federal National Mortgage Association 3% | FNCL.3 8.11 | 3.52% |
| Government National Mortgage Association 5.5% | G2SF.5.5 8.11 | 2.40% |
| Federal National Mortgage Association 2% | FNCL.2 8.13 | 2.17% |
| Government National Mortgage Association 6% | G2SF.6 8.11 | 1.93% |
| Federal Home Loan Mortgage Corp. 3% | FG.G67701 | 1.89% |
| Federal National Mortgage Association 4.5% | FNCL.4.5 8.11 | 1.88% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.03499 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03399 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03081 | Jun 30, 2025 |
| May 30, 2025 | $0.03333 | May 30, 2025 |
| Apr 30, 2025 | $0.03337 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03154 | Mar 31, 2025 |