Best Performing Mortgage Bond Closed End Funds 2015

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:

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 Name	Ticker	Yield	1 Year Return %
Western Asset Mortgage Def Opp	DMO	7.94%	18.10%
Brookfield Total Return Fund	HTR	9.12%	13.99%
Nuveen Multi-Market Income	JMM	6.20%	8.15%
Brookfield Mortgage Opp Income	BOI	9.21%	6.77%
BlackRock Income Trust	BKT	6.46%	5.43%
BlackRock Enhanced Gov Fund	EGF	4.67%	5.22%
Nuveen Mortgage Opp Term Trust	JLS	6.48%	4.79%
Nuveen Mort Opp Term Fund 2	JMT	6.69%	3.12%
First Trust Mortgage Income	FMY	6.90%	-1.05%
PCM Fund	PCM	9.05%	-1.78%