Western Asset Mortgage Defined Opportunity Fund Inc. Declares Dividend for the Months of June 2019, July 2019 and August 2019, Payable on July 1, 2019, August 1, 2019 and September 3, 2019 Respectively
May 21, 2019 at 08:30 am
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Western Asset Mortgage Defined Opportunity Fund Inc. declared dividend of $0.16000 for the months of June 2019, July 2019 and August 2019, payable on July 1, 2019, August 1, 2019 and September 3, 2019 to the shareholders record on June 21, 2019, July 19, 2019 and August 23, 2019 with the ex-dividend date of June 20 2019, July 18, 2019 and August 22, 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 June 2019, July 2019 and August 2019, Payable on July 1, 2019, August 1, 2019 and September 3, 2019 Respectively