Best Performing Mortgage Bond Closed End Funds 2015

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Mortgage bond closed end funds are investing mainly in mortgage backed securities in U.S. These securities may include debts issued by government backed institutions Fannie Mae and Freddie Mac. It also may invest in non-agency debts that are not backed by government.

US Mortgage Debt Funds

These best performing closed end funds are sorted based on its 1 year total return up to January 27, 2014. You may find other fund review information: expense ratio, fund’s NAV, management, objective, yield, top holdings, etc.

Best performing mortgage bond closed end funds 2015 are:
    mortgage bond funds
  1. Western Asset Mortgage Defined Opportunity Fund (DMO)
  2. Brookfield Total Return Fund (HTR)
  3. Nuveen Multi-Market Income Fund (JMM)
  4. Brookfield Mortgage Opportunity Income Fund (BOI)
  5. BlackRock Income Trust (BKT)
  6. BlackRock Enhanced Government Fund (EGF)
  7. Nuveen Mortgage Opportunity Term Trust (JLS)
  8. Nuveen Mortgage Opportunity Term Fund 2 (JMT)

Western Asset Mortgage Defined Opportunity Fund

This mortgage bond fund has a high yield of 7.83%. With total assets of $392 million, its expense fee is 2.20%. The fund sponsor is Legg Mason Partners Fund Advisors, LLC. Its objective is to provide current income.

More: Best U.S. Mortgage Bond Closed End Funds 2012

This Western Asset Mortgage Defined Opportunity Fund is ranked with 5 stars rating. It has 3 year average return of 20.66%. The annual portfolio turnover rate is 32%.

Brookfield Total Return Fund

Ranked with 3 star rating, this Brookfield Total Return Fund has market value of $47 million. This taxable bond fund invests mainly in US Treasury, mortgage, asset backed and high yield corporate securities. Its expense fee is 1.31%. This fund also has a high yield of 9.15%.

More: 25 Largest Closed End Funds (CEFs)

As one of top performing mortgage bond closed end funds 2015, it has returned 14.73% over the past 1 year, and 12.26% over the past 5 year. The past 3 year performance is as follows:
  • Year 2014: 12.28%
  • Year 2013: 10.59%
  • Year 2012: 13.55%

Fund Performance

Fund NameTickerYield1 Year Return %
Western Asset Mortgage Def OppDMO7.94%18.10%
Brookfield Total Return FundHTR9.12%13.99%
Nuveen Multi-Market IncomeJMM6.20%8.15%
Brookfield Mortgage Opp IncomeBOI9.21%6.77%
BlackRock Income TrustBKT6.46%5.43%
BlackRock Enhanced Gov FundEGF4.67%5.22%
Nuveen Mortgage Opp Term TrustJLS6.48%4.79%
Nuveen Mort Opp Term Fund 2JMT6.69%3.12%
First Trust Mortgage IncomeFMY6.90%-1.05%
PCM FundPCM9.05%-1.78%

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