Western Asset Mortgage Backed Sec B
HGVSX
Price as of:
N/A
N/A
N/A
Primary Theme
N/A
fund company
N/A
Name
As ofPrice
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
N/A
1 yr return
-0.3%
3 Yr Avg Return
2.4%
5 Yr Avg Return
3.8%
Net Assets
$930 M
Holdings in Top 10
33.7%
52 WEEK LOW AND HIGH
N/A
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.74%
SALES FEES
Front Load N/A
Deferred Load 4.50%
TRADING FEES
Turnover 137.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
HGVSX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 1.5%
- 5 Yr Annualized Total Return 3.6%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 2.80%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameWestern Asset Mortgage Backed Securities Fund
-
Fund Family NameLegg Mason
-
Inception DateMar 20, 1984
-
Shares OutstandingN/A
-
Share ClassB
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerAnup Agarwal
Fund Description
HGVSX - Performance
Return Ranking - Trailing
| Period | HGVSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | N/A | 0.0% | 6.5% | N/A |
| 1 Yr | -0.3% | -1.6% | 4.2% | N/A |
| 3 Yr | 2.4%* | -1.8% | 1.2% | N/A |
| 5 Yr | 3.8%* | -1.5% | 0.9% | N/A |
| 10 Yr | 4.6%* | -0.7% | 1.8% | N/A |
* Annualized
Return Ranking - Calendar
| Period | HGVSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | N/A | -7.0% | -0.1% | N/A |
| 2022 | N/A | -2.1% | 3.2% | N/A |
| 2021 | N/A | -2.8% | 4.3% | N/A |
| 2020 | N/A | -3.9% | -0.6% | N/A |
| 2019 | N/A | 0.0% | 5.5% | N/A |
Total Return Ranking - Trailing
| Period | HGVSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | N/A | 0.0% | 6.5% | N/A |
| 1 Yr | -4.7% | -1.6% | 6.3% | N/A |
| 3 Yr | 1.5%* | -1.8% | 4.6% | N/A |
| 5 Yr | 3.6%* | -1.5% | 3.1% | N/A |
| 10 Yr | 4.6%* | -0.7% | 4.6% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | HGVSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | N/A | -7.0% | 2.5% | N/A |
| 2022 | N/A | -2.1% | 5.8% | N/A |
| 2021 | N/A | -2.8% | 4.3% | N/A |
| 2020 | N/A | -3.9% | 2.5% | N/A |
| 2019 | N/A | 0.0% | 5.5% | N/A |
HGVSX - Holdings
Concentration Analysis
| HGVSX | Category Low | Category High | HGVSX % Rank | |
|---|---|---|---|---|
| Net Assets | 930 M | 15.9 M | 9.57 B | N/A |
| Number of Holdings | 450 | 10 | 2943 | N/A |
| Net Assets in Top 10 | 265 M | -7.11 B | 1.69 B | N/A |
| Weighting of Top 10 | 33.69% | 5.4% | 195.1% | N/A |
Top 10 Holdings
- Ginnie Mae Jumbos TBA 3.5% 2046-04-01 5.79%
- FNMA 3.5% 4.34%
- Ginnie Mae Jumbos TBA 3% 2046-04-01 4.30%
- FHLMC 3.5% 3.70%
- Freddie Mac Gold Single Family TBA 3.5% 2046-05-01 3.01%
- FNMA 2.97%
- Index Swap - 3m-Euribor-Reuters 75 Bps 2.59%
- Index Swap - Xs1234282264 2.55%
- FNMA CMO 5% 2.41%
- FHLMC 4% 2.05%
Asset Allocation
| Weighting | Return Low | Return High | HGVSX % Rank | |
|---|---|---|---|---|
| Bonds | 93.54% | -18.89% | 130.64% | N/A |
| Stocks | 5.43% | -0.03% | 0.04% | N/A |
| Cash | 1.03% | -30.64% | 118.98% | N/A |
| Preferred Stocks | 0.00% | 0.00% | 0.63% | N/A |
| Other | 0.00% | -16.01% | 0.86% | N/A |
| Convertible Bonds | 0.00% | 0.00% | 1.13% | N/A |
Stock Sector Breakdown
| Weighting | Return Low | Return High | HGVSX % Rank | |
|---|---|---|---|---|
| Utilities | 0.00% | 0.00% | 0.00% | N/A |
| Technology | 0.00% | 0.00% | 0.00% | N/A |
| Real Estate | 0.00% | 0.00% | 0.69% | N/A |
| Industrials | 0.00% | 0.00% | 0.00% | N/A |
| Healthcare | 0.00% | 0.00% | 0.00% | N/A |
| Financial Services | 0.00% | 0.00% | 0.03% | N/A |
| Energy | 0.00% | 0.00% | 0.00% | N/A |
| Communication Services | 0.00% | 0.00% | 0.00% | N/A |
| Consumer Defense | 0.00% | 0.00% | 0.00% | N/A |
| Consumer Cyclical | 0.00% | 0.00% | 0.00% | N/A |
| Basic Materials | 0.00% | 0.00% | 0.00% | N/A |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | HGVSX % Rank | |
|---|---|---|---|---|
| US | 5.43% | -0.03% | 0.04% | N/A |
| Non US | 0.00% | 0.00% | 0.00% | N/A |
Bond Sector Breakdown
| Weighting | Return Low | Return High | HGVSX % Rank | |
|---|---|---|---|---|
| Securitized | 94.95% | 7.37% | 136.98% | N/A |
| Cash & Equivalents | 1.03% | -30.64% | 118.94% | N/A |
| Corporate | 0.51% | 0.00% | 90.61% | N/A |
| Derivative | 0.00% | -0.34% | 30.33% | N/A |
| Municipal | 0.00% | 0.00% | 2.15% | N/A |
| Government | -1.92% | -133.50% | 22.28% | N/A |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | HGVSX % Rank | |
|---|---|---|---|---|
| US | 93.54% | -26.90% | 125.20% | N/A |
| Non US | 0.00% | 0.00% | 23.91% | N/A |
HGVSX - Expenses
Operational Fees
| HGVSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.74% | 0.05% | 3.10% | N/A |
| Management Fee | 0.50% | 0.05% | 0.89% | N/A |
| 12b-1 Fee | 0.75% | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
| HGVSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 4.50% | N/A |
| Deferred Load | 4.50% | 1.00% | 5.00% | N/A |
Trading Fees
| HGVSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| HGVSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 137.00% | 21.00% | 1521.00% | N/A |
HGVSX - Distributions
Dividend Yield Analysis
| HGVSX | Category Low | Category High | HGVSX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.01% | 3.36% | N/A |
Dividend Distribution Analysis
| HGVSX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
| HGVSX | Category Low | Category High | HGVSX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.80% | 0.54% | 5.13% | N/A |
Capital Gain Distribution Analysis
| HGVSX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Apr 29, 2016 | $0.021 | |
| Mar 31, 2016 | $0.021 | |
| Feb 29, 2016 | $0.019 | |
| Jan 29, 2016 | $0.016 | |
| Dec 31, 2015 | $0.058 | |
| Nov 30, 2015 | $0.022 | |
| Oct 30, 2015 | $0.019 | |
| Sep 30, 2015 | $0.023 | |
| Aug 31, 2015 | $0.018 | |
| Jul 31, 2015 | $0.023 | |
| Jun 30, 2015 | $0.042 | |
| May 29, 2015 | $0.018 | |
| Apr 30, 2015 | $0.021 | |
| Mar 31, 2015 | $0.022 | |
| Feb 27, 2015 | $0.022 | |
| Jan 30, 2015 | $0.018 | |
| Dec 31, 2014 | $0.057 | |
| Nov 28, 2014 | $0.028 | |
| Oct 31, 2014 | $0.028 | |
| Sep 30, 2014 | $0.018 | |
| Aug 29, 2014 | $0.017 | |
| Jul 31, 2014 | $0.019 | |
| Jun 30, 2014 | $0.022 | |
| May 30, 2014 | $0.026 | |
| Apr 30, 2014 | $0.027 | |
| Mar 31, 2014 | $0.028 | |
| Feb 28, 2014 | $0.028 | |
| Jan 31, 2014 | $0.028 | |
| Dec 31, 2013 | $0.087 | |
| Nov 29, 2013 | $0.022 | |
| Oct 31, 2013 | $0.030 | |
| Sep 30, 2013 | $0.036 | |
| Aug 30, 2013 | $0.032 | |
| Jul 31, 2013 | $0.023 | |
| Jun 28, 2013 | $0.013 | |
| May 31, 2013 | $0.016 | |
| Apr 30, 2013 | $0.018 | |
| Mar 28, 2013 | $0.021 | |
| Feb 28, 2013 | $0.018 | |
| Jan 31, 2013 | $0.011 | |
| Dec 31, 2012 | $0.027 | |
| Nov 30, 2012 | $0.019 | |
| Oct 31, 2012 | $0.023 | |
| Sep 28, 2012 | $0.020 | |
| Aug 31, 2012 | $0.022 | |
| Jul 31, 2012 | $0.022 | |
| Jun 29, 2012 | $0.043 | |
| May 31, 2012 | $0.022 | |
| Apr 30, 2012 | $0.021 | |
| Mar 30, 2012 | $0.017 | |
| Feb 29, 2012 | $0.018 | |
| Jan 31, 2012 | $0.018 | |
| Dec 30, 2011 | $0.023 | |
| Nov 30, 2011 | $0.017 | |
| Oct 31, 2011 | $0.015 | |
| Sep 30, 2011 | $0.019 | |
| Aug 31, 2011 | $0.021 | |
| Jul 29, 2011 | $0.017 | |
| Jun 30, 2011 | $0.015 | |
| May 31, 2011 | $0.012 | |
| Apr 29, 2011 | $0.010 | |
| Mar 31, 2011 | $0.012 | |
| Feb 28, 2011 | $0.014 | |
| Jan 31, 2011 | $0.014 | |
| Dec 31, 2010 | $0.094 | |
| Nov 30, 2010 | $0.018 | |
| Oct 29, 2010 | $0.020 | |
| Sep 30, 2010 | $0.016 | |
| Aug 31, 2010 | $0.015 | |
| Jul 30, 2010 | $0.033 | |
| Jun 30, 2010 | $0.036 | |
| May 28, 2010 | $0.017 | |
| Apr 30, 2010 | $0.017 | |
| Mar 31, 2010 | $0.017 | |
| Feb 26, 2010 | $0.019 | |
| Jan 29, 2010 | $0.015 | |
| Dec 31, 2009 | $0.023 | |
| Nov 30, 2009 | $0.022 | |
| Oct 30, 2009 | $0.022 | |
| Sep 30, 2009 | $0.020 | |
| Aug 31, 2009 | $0.023 | |
| Jul 31, 2009 | $0.024 | |
| Jun 30, 2009 | $0.022 | |
| May 29, 2009 | $0.023 | |
| Apr 30, 2009 | $0.026 | |
| Mar 31, 2009 | $0.027 | |
| Feb 27, 2009 | $0.021 | |
| Jan 30, 2009 | $0.022 | |
| Dec 31, 2008 | $0.028 | |
| Nov 28, 2008 | $0.029 | |
| Oct 31, 2008 | $0.034 | |
| Sep 30, 2008 | $0.030 | |
| Aug 29, 2008 | $0.029 | |
| Jul 31, 2008 | $0.029 | |
| Jun 30, 2008 | $0.030 | |
| May 30, 2008 | $0.031 | |
| Apr 30, 2008 | $0.030 | |
| Mar 31, 2008 | $0.030 | |
| Feb 29, 2008 | $0.034 | |
| Jan 31, 2008 | $0.032 | |
| Dec 31, 2007 | $0.033 | |
| Nov 30, 2007 | $0.037 | |
| Oct 31, 2007 | $0.035 | |
| Sep 28, 2007 | $0.031 | |
| Aug 31, 2007 | $0.038 | |
| Jul 31, 2007 | $0.033 | |
| Jun 29, 2007 | $0.035 | |
| May 31, 2007 | $0.034 | |
| Apr 30, 2007 | $0.033 |
HGVSX - Fund Manager Analysis
Managers
Anup Agarwal
Start Date
Tenure
Tenure Rank
Sep 30, 2013
2.5
2.5%
Mr. Agarwal has been has been employed by Western Asset as an investment professional since August 2013. From 2007 to 2013, Mr. Agarwal served as Portfolio Manager and Head of Consumer Credit for Stark Investments, a global alternative investment firm.
Bonnie M. Wongtrakool
Start Date
Tenure
Tenure Rank
Sep 30, 2013
2.5
2.5%
Ms. Wongtrakool has been employed by Western Asset as an investment professional for more than five years.
S. Kenneth Leech
Start Date
Tenure
Tenure Rank
Mar 31, 2014
2.0
2.0%
Leech transitioned into a CIO Emeritus role in September 2008 and joined Western Asset as Chief Investment Officer in 1990. Prior to joining Western in 1990, he was a portfolio manager with Greenwich Capital Markets from 1988 to 1990; the First Boston Corporation from 1980 to 1988; and the National Bank of Detroit from 1977 to 1980. He has over 32 years of investment experience.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| N/A | N/A | N/A | N/A |