Western Asset Mortgage Defined Opportunity Fund Inc. Declares Dividend for the Months of December 2019, January and February 2020, Payable on December 31, 2019, February 03, 2020 and March 2, 2020 Respectively
November 21, 2019 at 06:30 pm IST
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Western Asset Mortgage Defined Opportunity Fund Inc. declared dividend of $0.15000 for the months of December 2019, January and February 2020, payable on December 31, 2019, February 03, 2020 and March 2, 2020 Respectively to the shareholders record on December 20, 2019, January 24, 2020 and February 21, 2020 with the ex-dividend date of December 19, 2019, January 23, 2020 and February 20, 2019 respectively.
Western Asset Mortgage Opportunity Fund Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fundâs primary investment objective is to provide current income. As a secondary investment objective, the Fund will seek capital appreciation. The Fund seeks to achieve its investment objectives by investing primarily in a diverse portfolio of mortgage-backed securities and mortgage whole loans. Investments in mortgage-backed securities consist primarily of non-agency residential mortgage-backed securities and commercial mortgage-backed securities. The Fundâs investments in mortgage whole loans under normal circumstances will not exceed 20% of its managed assets. The Fund also may invest in other permitted investments, including cash and cash equivalents; Treasury securities; non-mortgage related asset-backed securities (ABS) backed by various asset classes. Legg Mason Partners Fund Advisor, LLC is the investment manager of the Fund.
Western Asset Mortgage Defined Opportunity Fund Inc. Declares Dividend for the Months of December 2019, January and February 2020, Payable on December 31, 2019, February 03, 2020 and March 2, 2020 Respectively