Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
7.95% -5.02% -- 48572.43
Weighted Average Dividend Yield Turnover Ratio (Generic) 1 Year Fund Level Flows Max Drawdown (Since Inception)
-- 28.00% -- Upgrade

Basic Info

Investment Strategy
The Fund seeks to provide current income. As a secondary, will seek capital appreciation. The Fund invest in a diverse portfolio of mortgage-backed securities and mortgage whole loans. Investments in mortgage-backed securities consist of non-agency residential mortgage-backed and commercial mortgage-backed securities.
General
Security Type Closed-End Fund
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD Mortgages
Peer Group U.S. Mortgage Funds
Global Macro Bond HC
US Macro U.S. Government & Treasury Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective U.S. Mortgage Funds
Fund Owner Firm Name Franklin Templeton
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Performance Versus Peer Group

 
20%
15%
10%
5%
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Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Peer Group Rtn. (NAV)
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% Rank in Peer Group (NAV)
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Annual Total Returns Versus Peers

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Name
2018
2019
2020
2021
2022
2023
2024
YTD
-2.11%
9.15%
-22.23%
17.15%
-21.66%
16.82%
20.20%
6.72%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
6.72%
-7.59%
26.36%
17.98%
8.04%
-32.46%
14.36%
4.04%
-1.66%
-9.55%
22.10%
12.22%
4.64%
-27.30%
6.09%
7.95%
7.50%
14.61%
1.61%
-16.15%
6.36%
-18.67%
37.68%
37.46%
-1.87%
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As of December 10, 2025.

Asset Allocation

As of October 31, 2025.
Type % Net
Cash -86.66%
Stock 0.00%
Bond 185.5%
Convertible 0.00%
Preferred 3.98%
Other -2.80%
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Basic Info

Investment Strategy
The Fund seeks to provide current income. As a secondary, will seek capital appreciation. The Fund invest in a diverse portfolio of mortgage-backed securities and mortgage whole loans. Investments in mortgage-backed securities consist of non-agency residential mortgage-backed and commercial mortgage-backed securities.
General
Security Type Closed-End Fund
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD Mortgages
Peer Group U.S. Mortgage Funds
Global Macro Bond HC
US Macro U.S. Government & Treasury Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective U.S. Mortgage Funds
Fund Owner Firm Name Franklin Templeton
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

View Basic Info
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