Morningstar

Western Asset Mortgage Total Ret A SGVAX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Franklin Templeton Investment Hub

Morningstar’s Analysis SGVAX

Will SGVAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SGVAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SGVAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of SGVAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Still a unique twist on mortgage exposure.

Analyst Max Curtin

Max Curtin

Analyst

Summary

Western Asset Mortgage Total Return’s unique mortgage-plus approach is largely unaffected by co-CIO Ken Leech’s surprise Aug. 21, 2024, leave of absence from the firm. Thus, the strategy retains its Average People and Process ratings.

by Max Curtin
Rated on Published on

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